Amazon.comShort
AMZN Wyckoff Distribution 2021
AMZN appears to have completed Wyckoff Distribution with a target of 2400.
Wyckoff distribution is sideways range-bound trading that usually occurs after a prolonged uptrend. This is the trading zone where big players build short positions or distribute long positions and wash out retail traders.
Wyckoff distribution is sideways range-bound trading that usually occurs after a prolonged uptrend. This is the trading zone where big players build short positions or distribute long positions and wash out retail traders.
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.