Long

AMZN touching a 7 year trend support 👁🚀

Updated

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! 💙

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monthly chart, this trendline im talking about goes back to 2015! 8 years, will be 10 years soon enough

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more conservative targets are 147-160s pivot level, would be perfect if it pushed into that resistance though

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needs to hold this local trend support for short term bounce

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#AMZN still holding cluster support, bounce is likely

invalidation below 123 level

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wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe

Trade closed manually

targets basically smashed, may slow down from here

Trade closed: stop reached

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

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stop not reached for me, it was reached for the bears.. ;)

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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

Vibranium_Capital

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