Amazon - Preparing a textbook position!

🎁Amazon (AMZN) is really almost ready:

🔎Analysis summary:

Amazon has been holding a textbook support trendline basically since 1997. And at this exact moment, Amazon is once again retesting this massive trendline. Together with the all time high break and retest, Amazon is setting up for a textbook swingtrading setup.

📝Levels to watch:

$250

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

交易开始

🎁Amazon (AMZN) is now back at support:

🔎Analysis summary:

After waiting for only one month, Amazon is already ready for another textbook position. With the underlying uptrend, Amazon is now retesting the major lower support trendline. We just have to see bullish confirmation and Amazon is ready to rally.

📝Levels to watch:

$250

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

交易结束：到达目标

🎁Amazon (AMZN) is nicely rejecting the level:

🔎Analysis summary:

Just as Amazon was retesting the major support trendline, bulls started stepping in quite aggressively. And looking at the higher timeframe uptrend, this retest seems to be a textbook swingtrade. We just have to see bullish confirmation on Amazon soon.

📝Levels to watch:

$250

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

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TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD