Vibranium_Capital

AMZN touching a 7 year trend support ๐Ÿ‘๐Ÿš€

ืœื•ื ื’
Vibranium_Capital ืžืขื•ื“ื›ืŸ   
BATS:AMZN   Amazon.com
last time it bottomed out at this trend support was in June 2022, this pattern led to a rally from 101-146 (44.55%)

we are currently seeing the same pattern play out over a year later.. there are no guarantees in this market but a rally from 126.5 to 182 (roughly 44 % gain) may follow if we bounce here.๐ŸŽฏ

definitely something to keep an eye on, boost and follow for more! ๐Ÿ’™
ื”ืขืจื”:
monthly chart, this trendline im talking about goes back to 2015! 8 years, will be 10 years soon enough
ื”ืขืจื”:
more conservative targets are 147-160s pivot level, would be perfect if it pushed into that resistance though
ื”ืขืจื”:
needs to hold this local trend support for short term bounce
ื”ืขืจื”:
#AMZN AMZN still holding cluster support, bounce is likely

invalidation below 123 level
ื”ืขืจื”:
wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe
ื”ืขืกืงื” ื‘ื•ื˜ืœื” ื‘ืื•ืคืŸ ื™ื“ื ื™:
targets basically smashed, may slow down from here
ืขืกืงื” ืกื’ื•ืจื”: ื”ื’ื™ืข ืœืกื˜ื•ืค:
final target smashed, boom!

time to wait for the next sign. above 190.95 we look for more highs, below 175.62 we look for more downisde
ื”ืขืจื”:
stop not reached for me, it was reached for the bears.. ;)
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