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! 💙
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monthly chart, this trendline im talking about goes back to 2015! 8 years, will be 10 years soon enough
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more conservative targets are 147-160s pivot level, would be perfect if it pushed into that resistance though
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needs to hold this local trend support for short term bounce
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#AMZN NASDAQ:AMZN still holding cluster support, bounce is likely
invalidation below 123 level
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wow wow wow. this aged like a fine wine from the finest vineyard. #onleonevibe
Trade closed manually
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targets basically smashed, may slow down from here
Trade closed: stop reached
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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
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stop not reached for me, it was reached for the bears.. ;)
AMZN one of most bullish indicators in stock markets, DJI inverse HnS in weekly tf
Vibranium_Capital
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let me know your thoughts below
Kill-bill
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Thank you 🐐
Vibranium_Capital
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@Kill-bill, no problem bill! the chart looks good, that trend support isnt something shorts want to mess with. it has been haunting them for most part for years haha