AMZN touching a 7 year trend support ðð
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.ðŊ
definitely something to keep an eye on, boost and follow for more! ð
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.ðŊ
definitely something to keep an eye on, boost and follow for more! ð
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
monthly chart, this trendline im talking about goes back to 2015! 8 years, will be 10 years soon enough
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
more conservative targets are 147-160s pivot level, would be perfect if it pushed into that resistance though
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
needs to hold this local trend support for short term bounce
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe
āļāļīāļāļāļēāļĢāđāļāļĢāļ āļāđāļ§āļĒāļāļāđāļāļ:
targets basically smashed, may slow down from here
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļąāļāļāļēāļāļāļļāļ:
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
time to wait for the next sign. above 190.95 we look for more highs, below 175.62 we look for more downisde
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
stop not reached for me, it was reached for the bears.. ;)