Amazon Trading Analysis (14/02/2025)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward truncated wave structure ended with the break of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of …