Option Strategies: Will AMZN Show Long-bull Next Month?
Hello everyone! Today i want to share some option strategies with you!
1.
What's the daily timeframe showing us on $Amazon.com(AMZN)$ ?
Had an ascending triangle from the recent bottom and a breakout from that, which typically an ascending triangle signals a continuation in uptrend. Then formed a mini cup-n-handle, thus signaling another continuation in bullish movement, and we've seen a breakout move from that. Nice pump to close out yesterday. MACD is also weakening on the sell-side.
Will AMZN continue this move higher into earnings? Current market conditions and technicals support it.
Let's see what happens going into July OPEX.
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
