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AMZN touching a 7 year trend support 👁🚀

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last time it bottomed out at this trend support was in June 2022, this pattern led to a rally from 101-146 (44.55%)

we are currently seeing the same pattern play out over a year later.. there are no guarantees in this market but a rally from 126.5 to 182 (roughly 44 % gain) may follow if we bounce here.🎯

definitely something to keep an eye on, boost and follow for more! 💙
Ghi chú
ảnh chụp nhanh monthly chart, this trendline im talking about goes back to 2015! 8 years, will be 10 years soon enough
Ghi chú
more conservative targets are 147-160s pivot level, would be perfect if it pushed into that resistance though
Ghi chú
ảnh chụp nhanh needs to hold this local trend support for short term bounce
Ghi chú
ảnh chụp nhanh #AMZN AMZN still holding cluster support, bounce is likely

invalidation below 123 level
Ghi chú
ảnh chụp nhanh wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe
Giao dịch được đóng thủ công
ảnh chụp nhanh targets basically smashed, may slow down from here
Đóng lệnh: dừng lỗ
ảnh chụp nhanh final target smashed, boom!

time to wait for the next sign. above 190.95 we look for more highs, below 175.62 we look for more downisde
Ghi chú
stop not reached for me, it was reached for the bears.. ;)
Ghi chú
ảnh chụp nhanh give up/sell is not in the AMZN shareholder vocabulary, i think we may head sideways for a month or two then break 190, head to the 200s shortly after. just my opinion
Chart PatternsTrend Analysis

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