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AMZN touching a 7 year trend support 👁🚀

Atualizado
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.🎯

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

invalidation below 123 level
Nota
captura wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe
Trade fechado manualmente
captura targets basically smashed, may slow down from here
Trade fechado: stop atingido
captura 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
Nota
stop not reached for me, it was reached for the bears.. ;)
Nota
captura give up/sell is not in the AMZN shareholder vocabulary, i think we may head sideways for a month or two then break 190, head to the 200s shortly after. just my opinion
Chart PatternsTrend Analysis

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