Right now, I believe price is trading inside the distribution area that I’ve highlighted.
The recent break of the trendline suggests momentum may be shifting, with the risk of a reversal into a downtrend.
From an investor’s perspective, this is not the most attractive area to be buying. A more favorable entry could come if price moves back down into the accumulation area I’ve marked on the chart.
🎯 Conclusion: My view is cautious — I think AMZN may leave the distribution phase and head lower toward the accumulation area. As an investor, patience here may prove wiser than chasing current levels.
The recent break of the trendline suggests momentum may be shifting, with the risk of a reversal into a downtrend.
From an investor’s perspective, this is not the most attractive area to be buying. A more favorable entry could come if price moves back down into the accumulation area I’ve marked on the chart.
🎯 Conclusion: My view is cautious — I think AMZN may leave the distribution phase and head lower toward the accumulation area. As an investor, patience here may prove wiser than chasing current levels.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
