naomiashur

AMZN ICHIMOKU

NASDAQ:AMZN   Amazon.com
monthly - price is moving up
daily - price is very bullish
price is above the 9 and 26 day moving averages as well as the cloud - very strong buy
since the moving averages just crossed over - we are waiting for the coming disequilibrium that happens afterward in the moving averages that will most likely move upward
my prediction is that price will test the cloud (support) and then bounce off and keep moving up
strong buy - but when would we get into this trade and what would our stop loss / take profit be set at ?
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