Tuesday, May 10, 2022

Amazon (Nasdaq: AMZN) - Well defined long-term trendline that stretches back to 2017 is suggesting that Amazon heading lower towards 2215 and prehaps 2035.

On 2 May 2022 (Monday), this trade plan on Amazon (Nasdaq: AMZN) was posted on my Telegram Stock Chat Group when the stock was at 2,485. 

Last night, Amazon (Nasdaq: AMZN) traded at a low of 2,159 (down more than 5%) and has hit my first target at 2,215 before closing at 2,175. The stock is down more than 12% since this trade plan was posted.

All posts and charts are for educational and illustration purposes only

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