190 Target The AD is showing an Ascending Triangle, buy the dips
AMZN wants to retest the supply zone, and this is confirmed by the AD showing an Ascending Triangle pattern to $190, which Is spot on near the previous supply zone
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1st supply zone to be attacked is 150, dont be confused by the Yellow Box. Thats accumulation, if you look closer thats an inverse head and shoulders pattern. Price action would have to gap up ... buy the dips and i'll break this down moreNota
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you should be able to see the inverse head and shoulders pattern, now inside this is the base to the cup and handle pattern Nota
look how they hid this in plain sight Nota
1st lets worry about 125 Nota
and this my friend is how you forecast w/ money flow... this whole inverse head and shoulders movement is the head to the larger inverse head and shoulders patternNota
105 is breakout levelNota
prev. resistances now support Nota
Long term $190 target still the goal. Profit takers at 110, can't be mad at that trade.. From April 13th, the stock rose over 10%... I currently see a retrace to 408 on SPY, which is going to put some pressure on Amazon... There is a bullish cypher set up im monitoring which will present another long term buying opportunity for this stockNota
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I dont want the AD to breach D leg of this bullish cypher pattern Nota
higher time frame you can see the bat.. I would love to see $100 honestly... Long Term hold for me... Nota
2023 uptrend still in tact. price action needs to stay in the channel.. 92.17 is a gift if we ever get that, doubting it to be honestNota
wow Amazon is showing amazing strength today.. This is impressive... sp500 down over 1.50% and amazon says we dont care we going up... Give me my dip please lolNota
110 .. As you can see any dips near $100 is getting bought upNota
that cypher is connected to the larger 1hr bat pattern Nota
onto a higher time frame. I see the ABCD pattern , and measure the fibs from the height of the ABCD pattern to the lowest point... and attached a wave count to it. I come up w/ a bullish C wave near the .236 fib level Nota
im going to post another chart, doing my best to keep the charts clean Nota
the chart is live, but I chose to make it private.. You can view it by clicking on it. 
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amzn really acting like its bulletproof... Just no freaking dips to buy here as of yet.. unfazed again by sp500 futures and spy etf.... up 2.25% as I type this to 109.00Nota
imho the start to 95.50 
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double top by the AD, + price action and Chikou SpannNota
rsi is above clouds, which is bearish Nota
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.