If 
AMZN manages to push above 217.85, there's a strong chance we’ll see a move toward 219.96. However, caution is advised around the 218.00 level – both premarket and postmarket sessions showed hesitation and failed to hold above that resistance.
A more conservative approach would be to wait for a clean break above 218.00 before entering.
🔍 Context:
We’re currently in a solid uptrend. On the daily chart, we’ve seen a rejection of the downside, marked by an inside bullish candle with a notable wick – suggesting upward pressure that the market may try to release. Given recent premarket activity, the 218.00 area remains a key battleground for bulls and bears alike.
AMZN manages to push above 217.85, there's a strong chance we’ll see a move toward 219.96. However, caution is advised around the 218.00 level – both premarket and postmarket sessions showed hesitation and failed to hold above that resistance.A more conservative approach would be to wait for a clean break above 218.00 before entering.
🔍 Context:
We’re currently in a solid uptrend. On the daily chart, we’ve seen a rejection of the downside, marked by an inside bullish candle with a notable wick – suggesting upward pressure that the market may try to release. Given recent premarket activity, the 218.00 area remains a key battleground for bulls and bears alike.
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