AMZN - Buying opportunity in the making
$Amazon.com(AMZN)$ - Classic Signs of an Impending Pullback:
The price has closed above the upper Bollinger Band and Williams %R is in overbought territory.
➡️Minimal Pullback Target: A test of the 20-day moving average (20DMA).
➡️Worst-Case Scenario: A deeper correction toward the lower Bollinger Band.
➡️Worth watching: The intriguing surge in daily volume.
Overall context: Buying opportunity in the making.
$Invesco QQQ(QQQ)$ $Vanguard Total Stock Market ETF(VTI)$ $Cboe Volatility Index(VIX)$
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