Technical analysis by chancethepug about Symbol AMZNX: Sell recommendation (12/9/2024)

MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price above or at top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at near overbought level VBSM is turning spiked positive Price at or near Fibonacci level Target is $201 or channel bottom Buying AMZD