1100$ will be an interesting price zone to monitor in case that AMZN will reach it... before or after earnings.
It includes the completion of a weekly 3 DRIVES PATTERN and it is also the top of a weekly ascending channel.
I'm not saying it is the top for AMZN.
I'm just showing a price zone that can be interesting for contrarians and people who seek short term bearish opportunities on one of the strongest stocks out there...
The option of short term profit taking is definitely an option to consider
It includes the completion of a weekly 3 DRIVES PATTERN and it is also the top of a weekly ascending channel.
I'm not saying it is the top for AMZN.
I'm just showing a price zone that can be interesting for contrarians and people who seek short term bearish opportunities on one of the strongest stocks out there...
The option of short term profit taking is definitely an option to consider