Multiple Divergences on the AMZN 4h Chart! RSI is making higher lows while price produced lower lows - this could indicate a trend-reversal. An additional confirmation-signal: a nice MACDDivergence shows up below the current candle and there is an untouched weekly pivot. I assume that price might go up to that pivot. Next week AMZN probably get's a little boost by the news: the AWS re:invent takes places and AMZN will be in the news with cool new features regarding their cloud-platform.
Handel aktiv
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The target was almost hit. I Expect the price to rise more - the re:invent just started and there are so many exciting announcements
Trade stängt: målet nått
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Target hit - price crossed the weekly pivot and went even higher