AMZN Diamond Top? $500-700 target move

٢ ديسمبر ٢٠٢٠

AMZN completing this diamond by 12/7. If it breaks down I am expecting a big move down.

٩ ديسمبر ٢٠٢٠

ملاحظة

Bulls need this orange trend line to hold or I'm expecting 3000 easy. Below 3000 would be an attractive buy with a stop below 2870.

١٠ ديسمبر ٢٠٢٠

ملاحظة

Redrew trendline.

١٥ يناير ٢٠٢١

ملاحظة

Prime trend line did not hold and may have failed backtest. Expecting this to make a strong move to get back up soon otherwise continued grind lower.