AMZN Long

١٢ سبتمبر ٢٠٢٢

Price is testing the .5 Fibonacci level while MACD is crossing as is D+ crossing D-

OBV crossed over its 13EMA confirming the trend. Also confirming the trend is the 13 FI recently crossed over 0.

Switching to the 13 minute chart we see a break of the pennant.

First target : 140.79
Stop: 2X ATR 127.74 (.38 fibonacci level)