These are levels that I'll be keeping an eye on when dealing with AMZN , and I'll revise as price action progresses.
I adapt to the change in money flow .

Fundamentals: "Monday marked the first trading day following Amazon’s ( AMZN ) 20-for-1 stock split that the company announced on March 9. Amazon shares were revalued to $120 per share, after trading well above $2000 per share prior to the stock split."

I'm projecting price to get around the $60 price point sometime in the near future.
Anywhere between $100 - $114 I believe that's where price will reverse in bull's favor, but short-lived. We shall see..
I can see a possible rally to the $120 price point before a reversal takes place in bear's favor. If not there then there's an even bigger range higher up that can for sure stall price. We shall see..
"Amazon stock tanks 20% after revenue and guidance miss expectations."
That $80 price point is looking promising 👀
Looking for a flip around the $110 - $122, and would still like to see it drop to the $60 level.


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