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AMZN Dropping By 11/03?
Amazon.com
Short
AMZN Dropping By 11/03?
By OakFDom
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Oct 28, 2023
2
Oct 28, 2023
AMZN did great on earnings but its time for a quick drop
1HR
We have Supply Liquidity Heat Zone from $128.30 - $129.84
We have a pivot level from $126.59 - $125.96
Small demand liquidity from $124.79 - $124.50
Demand Liquidity from $119.52 - $117.85
15-30M
Looks like we are starting a trending parallel to the upside
Option Flow
PUTS Below 126 exp 10/27 so ill look for a week later 11/03
Option Chains
Call Walls at $128, $125
Heavy Call Imbalance for a few weeks
Trend Analysis
OakFDom
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