Very important level

5. Juli 2022

AMZN is on an important historical level here. It has been defending this area. You can see the action that has happened here back in 2108-2020. Was a previous breakout and trying to hold as support. I dont know if this level will hold but should be on watch. If it gives out AMZN can drop again back to the $90 area. Considering it already rejected the 200sma on weekly its something to watch. I believe /NQ and /ES will both test their 200sma at some point in the near future and get a nice bounce from there, maybe a shakeout type move under it but I do think markets will bounce from there. So keep those levels on watch as well as this low for AMZN. Should all line up together for a move.

29. Juli 2022

Trade ist aktiv

Bought 130c for AMZN next week before close for ER for 1.70