AMZN 📊 The Technical Blueprint (The Plan) Trend & Pullback: We're bullish on AMZN, looking for a confirmed pullback into a key support zone.
Indicator Confirmation: The pullback is aligning with the Triangular Moving Average (TMA), suggesting a potential area for the trend to resume.
Price Action Trigger: A Heikin Ashi reversal doji candle has formed, indicating buyer exhaustion of the downtrend and a potential shift in momentum. Buyers are stepping in to dominate! 💪
🎯 The Thief's Entry Strategy (Layering the Loot) We're not chasing the price. We're using the "Thief Strategy" – a disciplined layering method with multiple buy limit orders. This averages our entry cost and ensures we get in on weakness.
Pro Tip: You can adjust the number of layers and prices based on your own risk appetite and capital.
🚨 Risk Management (The Escape Routes) 🛑 STOP LOSS (The Getaway Car): 210.00
A note from your Captain: This is MY stop loss. You are the master of your own ship! Set your risk according to your own trading plan. ❤️
🎯 TAKE PROFIT (Cashing Out the Loot): 250.00
Why Here? This level acts as a strong resistance zone. The "Police Force" 🚓 is waiting there, likely creating an overbought trap. Our goal is to escape with our profits before things get messy!
🔍 Related Pairs & Assets to Watch QQQ (Invesco QQQ Trust): Tracks the NASDAQ-100. AMZN is a major component, so QQQ's direction heavily influences big tech stocks.
META (Meta Platforms Inc.): Part of the same "big tech" cohort. Often moves in correlation with AMZN on broader market sentiment.
GOOGL (Alphabet Inc.): Another tech giant and cloud competitor. Strength/weakness here can signal sector-wide moves.
Consumer Discretionary Sector: Watch for overall strength in retail and non-essential spending.
AMZN AMZN is showing early signs of strength after a deeper decline, with price reacting from the 222.20 demand zone. The ADL indicator shows a clear bullish divergence — higher lows while price made lower lows — signaling hidden accumulation beneath the drop.
Key Levels
Support: 222.20
Immediate Resistance: 229.50
Target: 242.27
Expectations
Price may pull back toward 225–222 to confirm demand, and if buyers hold this zone, a continuation move toward 242 becomes highly probable. Momentum structure + ADL divergence support the upside scenario. what are you thinking in your words tell me in comment