Amazon idea
By Amazon shares,
A very interesting situation is developing according to Amazon . A symmetric triangle has formed and as we know this is a trend continuation pattern.
I expect the end of the formation, and then the continuation of growth in the indicated zones.
Alternative: In case of going down from the triangle, there is a high probability of falling to the daily demand zone .
Triangles are forming on many stocks, which is possible to assume - soon after new highs there will be a strong correction in American indices and stocks.
By Amazon shares,
A very interesting situation is developing according to Amazon . A symmetric triangle has formed and as we know this is a trend continuation pattern.
I expect the end of the formation, and then the continuation of growth in the indicated zones.
Alternative: In case of going down from the triangle, there is a high probability of falling to the daily demand zone .
Triangles are forming on many stocks, which is possible to assume - soon after new highs there will be a strong correction in American indices and stocks.
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