AMZN wants to retest the supply zone, and this is confirmed by the AD showing an Ascending Triangle pattern to $190, which Is spot on near the previous supply zone
註釋
1st supply zone to be attacked is 150, dont be confused by the Yellow Box. Thats accumulation, if you look closer thats an inverse head and shoulders pattern. Price action would have to gap up ... buy the dips and i'll break this down more註釋
105 is breakout level註釋
Long term $190 target still the goal. Profit takers at 110, can't be mad at that trade.. From April 13th, the stock rose over 10%... I currently see a retrace to 408 on SPY, which is going to put some pressure on Amazon... There is a bullish cypher set up im monitoring which will present another long term buying opportunity for this stock註釋
2023 uptrend still in tact. price action needs to stay in the channel.. 92.17 is a gift if we ever get that, doubting it to be honest註釋
wow Amazon is showing amazing strength today.. This is impressive... sp500 down over 1.50% and amazon says we dont care we going up... Give me my dip please lol註釋
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amzn really acting like its bulletproof... Just no freaking dips to buy here as of yet.. unfazed again by sp500 futures and spy etf.... up 2.25% as I type this to 109.00註釋
double top by the AD, + price action and Chikou Spann免責聲明
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免責聲明
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