Amazon’s Next BIG Move: Can It Bounce to $207 from Key Support?If Amazon holds strong at $194.31, it could be setting up for a run to $207.30. This level is both a potential target and a great take-profit zone if the bounce holds. Let’s break down what to watch for as this setup unfolds!"
Trade Setup Details:
Support Level at $194.31
Right now, $194.31 is
Long AmazonEntered a long position on NASDAQ:AMZN Amazon today at market close:
Timeframe: 4H
Target: ~$160
SL: ~ $145
Reason: 4h stochastics crossed above the 20 line from oversold. Trend on daily chart is bullish and strong.
NASDAQ:AMZN #trading #Investing
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Displays a symbol's price movements over previous years to identify recurring trends.