Amazon (
AMZN) will create the bottom soon:

Click chart above to see the detailed analysis👆🏻
The trend on Amazon is clearly towards the upside and the recent correction of about -30% did not change that at all. Rather, we are now witnessing an extremely bullish all time high break and retest and therefore, if Amazon actually creates bullish confirmation, this could form a bottom.
Levels to watch: $180
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
The trend on Amazon is clearly towards the upside and the recent correction of about -30% did not change that at all. Rather, we are now witnessing an extremely bullish all time high break and retest and therefore, if Amazon actually creates bullish confirmation, this could form a bottom.
Levels to watch: $180
Keep your long term vision,
Philip (BasicTrading)
トレード稼働中
Amazon - (click chart above to see the in depth analysis👆🏻)
Overall, it is still not a surprise at all that major tech stocks are starting to reverse at the current levels. Amazon for example just perfectly retested the previous all time high structure and is about to create bullish confirmation. There is a very high chance, that this constitutes the official bottom.
Levels to watch: $180
Keep your long term vision!
Philip (BasicTrading)
トレード終了: 利益確定目標に到達
Amazon - (click chart above to see the in depth analysis👆🏻)
With the perfect creation of the bullish wick during April 2025, Amazon fulfilled its destiny and is now starting the bullish break and retest continuation. The next target is simply the upper channel resistance trendline, so a move of about +30% is my next prediction here.
Levels to watch: $250
Keep your long term vision!
Philip (BasicTrading)
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#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
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。