Amazon looking toppish ($AMZN) ~ Currently in a MASSIVE bubble ~
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(all time highs) ~ amazon is currently in a massive bubble, the higher it goes, the harder it will crash when other stocks & markets decide to as well (TSLA, SPX, DONQ, BTC, ETH, LINK, & ALTS)
The buy opportunity is not now, while yes of course it may still raise (it's in price discovery price action mode) but eventually will come crashing down ~ imo
(where i'd buy if markets crash)
~this level is a strong support zone (structural integrity)
$2000 USD ish
November 13th, 2013 is when amazon (AMZN) really started to gain an increase in price.
2014 would be a potential TRUE bottom if the markets ever crashed to lower levels ~$423 USD
(all time highs) ~ amazon is currently in a massive bubble, the higher it goes, the harder it will crash when other stocks & markets decide to as well (TSLA, SPX, DONQ, BTC, ETH, LINK, & ALTS)
The buy opportunity is not now, while yes of course it may still raise (it's in price discovery price action mode) but eventually will come crashing down ~ imo
(where i'd buy if markets crash)
~this level is a strong support zone (structural integrity)
$2000 USD ish
November 13th, 2013 is when amazon (AMZN) really started to gain an increase in price.
2014 would be a potential TRUE bottom if the markets ever crashed to lower levels ~$423 USD