Eyes on AMZN in the coming week
AMZN has a great setup in the coming week, but it needs to make a decision as to the direction. On this chart, I have highlighted two levels in pink, one above and one below to watch for a break for a long or short trade. There is a very heavy chance we hit the bottom of the wedge and bounce to the top, or vice versa. I will be watching for price action. This idea is simply a chart analysis of a potential setup, so it will not be marked long or short. Keep an eye out this wee and happy trading for the new year!
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