Very rarely do you get all the indicators and patterns to align so together, but that looks like what is happening with Amazon (AMZN).
Looking at the chart below we see that a triangle pattern is being formed as price is starting to funnel in. At the same time we have the relative strength index (RSI) and full stochastics sitting right in the middle. So we really cannot get a good gauge of what this stock wants to do.
If you are already holding a position, then I would wait to see which way Amazon breaks out. If you are looking to enter, then, again, wait to see which way the stock breaks out.
Chart Pattern Manifest – Learn more about how to use triangle patterns and several other great technical analysis and chart patterns.
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