AMZN-BUY+++
We got a FALSE BEAR FLAG pattern and this usually means a return to close to the beginning of the pole.
If we add the FIB. levels, one can see that clearly we are undervalued right now, and a move back at a minimum $ 2,650 - 2,750 is possible.
For now remain a BUY @ 2,050-2,150 and take profit @ 2,637 for now.
If we add the FIB. levels, one can see that clearly we are undervalued right now, and a move back at a minimum $ 2,650 - 2,750 is possible.
For now remain a BUY @ 2,050-2,150 and take profit @ 2,637 for now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.