AMZN has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 30 days and suggests a possible target level to be around 230.0340 within the next 2 days.
Related Posts
BABA – It’s perhaps in these huge moves where the greatest opportunity lies
A movement of 28.24% over 23 days on BABA doesn’t go unnoticed. You may start considering where it’s…
Supports and resistances are primary concepts of technical analysis. AAPL is heading for an important price of 223.9350 – read about what this could mean for the future.
AAPL is approaching a resistance line at 223.9350. If it hits the resistance line, it may break through…
MSFT formed a Channel Down on the 1 hour chart. Retest of support in sight.
MSFT is approaching the support line of a Channel Down. It has touched this line numerous times in…