AMZN has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 32 days and suggests a possible target level to be around 199.3513 within the next 21 hours.
ARTÍCULOS RELACIONADOS
Because XOM formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
XOM is heading towards the resistance line of a Channel Up and could reach this point within the…
AMZN seems to be on its way to support – a possible opportunity?
AMZN is heading towards a line of 205.0600. If this movement continues, the price of AMZN could test…
After testing the support line numerous times, INTC is once again approaching this line. Can we expect a bearish trend to follow?
INTC is heading towards the support line of a Falling Wedge. If this movement continues, the price of…