Amazon's stock is moving downwards within the channel shown on the red chart. The price is currently moving below the 7-50 moving averages which form resistance levels and press it to fall further while the 20 average is a support level.
Stochastic is moving downwards after it exited the overbought …
The currency pair is trading in the range of 135 and 365 moving averages directed upwards. Bullish divergence formed on the Awesome Oscillator indicator, and Stochastic Oscillator indicator showed an exit from the oversold zone. Breaking through the pivot zone 0.6334 will result the formation of an upward wave structure …
The support level of 102.74 held back sellers. Bullish divergence is forming on Awesome Oscillator indicator, and the Stochastic Oscillator indicator shows an exit from the oversold zone. The descending corrective pattern is truncated.
Trading recommendations:
Buy while an ascending structure is forming above the inclined channel of the descending …
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