Scalping & Mid-Term Analysis for Amazon

Market Overview:
Trend: Amazon is in a consolidation phase, struggling to break higher after a strong rally.
Key Levels:
Resistance: ~$232 - $237
Support: ~$225 - $228 (weak), ~$220 (stronger)
Indicators:
MACD: Weak momentum, signaling indecision.
EMA: Price is hovering around 9 EMA & 200 EMA, suggesting a neutral structure.
RSI: Oversold at 43, indicating a potential bounce but still weak.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? AMZN is in sideways consolidation, meaning range plays work best.
How?
Buy near $225 - $228, targeting $232 - $235.
Sell near $232 - $237, as resistance is forming.
Stop-loss below $223, as further downside risk exists.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $237 or breakdown below $225.
Execution:
If AMZN breaks $237, scalp long targeting $242 - $245.
If AMZN drops below $225, scalp short to $220 - $215.
🩸 3. EMA Scalping
Why? AMZN is consolidating near 9 EMA and 200 EMA, meaning bounces are possible.
Execution:
Buy near 9 EMA ($228 - $230) if price shows strength.
Short rejection of 200 EMA (~$232 - $235).
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Neutral → Bearish
Why?
Weak momentum, with no strong bullish confirmation.
Rejections from resistance suggest sellers are active.
If AMZN holds above $228, expect a slow move to $235 - $237.
Failure to hold $225 could push price down to $220 - $215.
🔥 News & Market Context:
Tech sector uncertainty could slow Amazon's rally.
No strong bullish catalysts, making resistance levels harder to break.
Big money waiting for a clearer signal before large moves.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping the range is best, avoid large directional bets.
🩸 Mid-term: Neutral unless AMZN breaks $237+ or loses $225 support.
🩸 Ideal Play: Buy dips at $228, sell rallies near $235, and wait for a breakout.

👑 Final Verdict:
Amazon is in range-bound movement. If it holds $228, expect a slow move to $237. Below $225 → $220 next. 🔥