$AMZN Key Levels, Analysis, & Targets
I do believe that there will be some upside here… Yesterday’s reversal candle, and with followthrough today and tomorrow could send AMZN up to fill that gap… up to about 2900…
Though I don’t believe the market is done falling as that may take many many more months and possibly years, I do think there’s a good relief rally brewing here before the next move down in the overall market…
AMZN is starting to look like a buy and I’ll likely start accumulating shares/selling some puts later this week… I just want to see some follow through on that reversal candle…
Just need a little more confirmation and then looking for a 16-20% move…
Let me know your thoughts…
I do believe that there will be some upside here… Yesterday’s reversal candle, and with followthrough today and tomorrow could send AMZN up to fill that gap… up to about 2900…
Though I don’t believe the market is done falling as that may take many many more months and possibly years, I do think there’s a good relief rally brewing here before the next move down in the overall market…
AMZN is starting to look like a buy and I’ll likely start accumulating shares/selling some puts later this week… I just want to see some follow through on that reversal candle…
Just need a little more confirmation and then looking for a 16-20% move…
Let me know your thoughts…
YouTube Channel www.youtube.com/@spyderqueentrading (Almost DAILY updates, come play)
I am not your financial advisor.
I am not your financial advisor.