AMZN Enjoyed a massive bull market for more than 20 years until April 2022 when this massive uptrend failed.
The uptrend ended and the bear market has been fully confirmed.
Now, how much lower can it go?
Mid-term (1-3 months) we are seeing the 72-68 range as the next and main support target.
By June/July next year (2023), it can go as low as 41, depending on how things develop of course.
The last mayor correction lasted about 1.8 years from top to bottom.
This would put the next bottom at around mid 2023.
Namaste.
The uptrend ended and the bear market has been fully confirmed.
Now, how much lower can it go?
Mid-term (1-3 months) we are seeing the 72-68 range as the next and main support target.
By June/July next year (2023), it can go as low as 41, depending on how things develop of course.
The last mayor correction lasted about 1.8 years from top to bottom.
This would put the next bottom at around mid 2023.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.