AMZN has just secured a higher low on larger time frames and I think we're slowly working our way back towards $1900. I'm cautiously bullish right now and think we can see 1901-1906 today.
Watching the volume node on the volume profile, we should see some resistance if we can get up to $1894 through $1906. If we can get above that we can see another attempt at $1917.51, I'm skeptical we'll get to that level today, but its not outside of the realms of possibility.
I'm watching support at $1866.01 and 1853.66 for possible dip buying opportunities. There are a few minor levels ($1874.47, $1860.00) in there but those are my main levels that I'm watching.
Watching the volume node on the volume profile, we should see some resistance if we can get up to $1894 through $1906. If we can get above that we can see another attempt at $1917.51, I'm skeptical we'll get to that level today, but its not outside of the realms of possibility.
I'm watching support at $1866.01 and 1853.66 for possible dip buying opportunities. There are a few minor levels ($1874.47, $1860.00) in there but those are my main levels that I'm watching.
