Sets up as a lower channel band bounce
In today’s video, I’m breaking down Amazon (AMZN) purely from a technical analysis standpoint. I’ll look at key support and resistance levels, indicators, and price action to determine whether AMZN remains a buy here or if caution is needed.
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Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
Ryan Mallory analyzes one trader's swing trading strategy and whether there are any flaws or issues with his strategy.
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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