AMZN ~ Snapshot TA (Daily / Nov 2023)

AMZN chart mapping/analysis.

Consolidation within ascending parallel channel (green).

Bull target(s)

• Ascending trend-line resistance (white dotted)
  
• Upper range of parallel channel (green) + 78.6% Fib confluence resistance zone
  
• Overhead gap fill (~163.27)
  

Bear target(s)

• 61.8% Fib
  
• Underlying gap fills (~133.57 / ~121.64)
  
• 50% Fib
  
• lower range of ascending parallel channel (green)
  
• 38.2% Fib
  
• Upper range of descending parallel channel (light blue)
  

Yorum:

Note: TradingView chart was dividend adjusted (ADJ) when mapped.