$Amazon (AMZN.US)$ Amazon has blasted right through resistan...
$Amazon (AMZN.US)$
Amazon has blasted right through resistance of 3570 and is now heading to retest 3773 all time highs!
Amazon has blasted right through resistance of 3570 and is now heading to retest 3773 all time highs!
I mentioned 2 to 3 weeks ago as amazon was sitting on critical support that it is looking bullish as it did not break past the support for 3 days. Right on the same day It rebounded off the critical support and now it is on track to break a new high.
Amazon is still looking bullish and now has a strong support at 3530 level. Which is also the 5EMA which is sloping upwards.
Once we have broken past 3773 resistance, our next take profit zone will be at 3935 and 4019.
As always, trade safe & invest wise!
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