Amazon shares returned to test the upper limit of the descending channel, which crossed last week. After approaching the resistance of 1819.37
Amazon shares continue to move under the positive effect of the 7 -20-50 moving averages that are moving below the price and forming support levels.
Stochastic started out …
The pair continues to form the double top reversal pattern. The prospect of stronger USD due to the divergence of monetary policies between the Fed and the ECB will exert a short-term pressure on the pair.
The price is below the middle Bollinger band, at SMA 5, but below SMA …
The stock is trading in the upper limit range of the descending price channel. The pivot zone of 362.0 held back buyers, and Stochastic Oscillator indicator signals oversoldness. A start fractal has formed below the 135 moving average from the upper border of the price channel.
Trading recommendations:
Sell at …
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