Amazon stock continues its upward movement despite the decline that occurred at the end of last week, to continue trading within the ascending channel in which it was trading, which is shown by the graph. Although the price is currently testing a resistance level at 3330.00
We notice on the …
#BA
The overall trend is upward. The descending price channel is broken. Awesome Oscillator shows a bullish divergence. Breaking through the resistance level of 213.0 will result in the formation of an ascending wave pattern of the H1 level.
Trading idea:
Buy above 213.0.
Stop Loss: 191.75.
Target levels: 242.0; …
GBPNZD
The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals oversold conditions. A bullish divergence has formed on Awesome Oscillator. Probably a downward movement is the wave (B) of an H2 level ascending pattern.
Trading idea:
Buy when an ascending wave pattern …
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