Amazon Uptrend Trade

14 thg 5, 2019

In this obvious uptrend we've seen some consolidation and we're at support again.
What we can see is a very clear bullish candlestick at support that shows us the buyers are ready to step in again.
We're going to join them this expected impulsive move as shown on the chart.

Thanks for reading and have a great trade!

Wesley

20 thg 5, 2019

Ghi chú

Testing the support again, it’s holding well for now.
The USA markets are in the red today with the opening of the week.

29 thg 5, 2019

Ghi chú

The extra support I have drawn is a possible support that we could take a look at right now, I've also drawn a resistance that could be the sign amazon will be in a downtrend from now on.
That would mean this is not a good trade anymore and would let me take the stoploss just below the second support.

29 thg 5, 2019

Giao dịch được đóng thủ công

I'm getting out, this is in my opinion not a clear uptrend anymore.

Thanks for following! Better next time.