AMZN just completed an ABC corrective wave at a 9 and 13 combo and yearly pivot. The weekly chart also posted a 9 exhaustion signal as well.
This is either a bounce to a lower high, probably at 200 day, or a spike up for new ATH
Stay safe traders!
This is either a bounce to a lower high, probably at 200 day, or a spike up for new ATH
Stay safe traders!
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We reached the 200 day. We have to be cautious here. That doji candle is alarming. I exited half of my position