AMZN: Daily Trend Change with Bullish Continuation Setup

5 hari lalu

🗓 Published: June 26, 2025
📍 Ticker: AMZN – Amazon.com Inc.
🕒 Timeframes: Daily & 4H
📊 Technical Bias: Bullish
📈 Trend: Higher Highs & Higher Lows

🧠 Analysis Summary
Amazon has successfully reclaimed a bullish market structure on the daily chart by forming higher highs and higher lows since late April. Price is now retesting a key support zone around $209–$212, which aligns with both horizontal support and the rising trendline.

On the 4H chart, the price is stabilizing near the trendline support, offering a high-probability long entry setup if the current structure holds.

📍 Key Levels
Price Level Description
206.28–206.42 Key support zone (invalidation area)
209.06 Local demand area
212.06 Retest level, potential entry
214.76 Local high / minor resistance
219.92 Intermediate target zone
225.22–225.29 Main bullish target / resistance

✅ Trade Setup
Entry Zone:
🔵 Long between $209.00 – $212.00 on confirmation of support

Take Profit Targets:

TP1: $214.76

TP2: $219.92

TP3: $225.22–225.29

Stop Loss:
🔴 Below $206.00 (break of structure + trendline invalidation)

Risk:Reward Potential: ~1:2.5

🔍 Confluence Factors
Daily trendline acting as dynamic support

Demand zone overlap at $209

Volume spike near base, suggesting buyer interest

Higher low formation + potential breakout of local range

⚠️ Risk Note
Only valid if price holds the $209–$212 demand area. If $206.00 is broken with strong bearish candles, the long setup is invalidated and a reassessment is required.

💬 Do you think AMZN will reclaim $225 by earnings? Let me know your outlook!

🚀 Stay patient, follow price structure, and manage your risk properly.

Rendon1

4 hari lalu

Dagangan aktif

First target(black line) reached, do not your floating profit to disappear, TP partially, during US open.