$AMZN Analysis, Key levels, and Targets

2 Mar 2023

AMZN Analysis, Key levels, and Targets

Super neat level here…

On Dec 15 Amazon opened a bear gap… then on Jan 11th, it gapped up over that gap, and now we are back at that level again…. See arrows…

I’m not necessarily bullish on the market… but I did sell puts at 89 today at EOD for next week to open a position…. And that is just below the gap level….

Let’s see what happens… I’m interested to see what happens to that gap from a TA standpoint… could become short term support, or it could become resistance. Wouldn't it be wild if it was gapped under... I almost wish it would because I wouldn't even know what to do, i'd be so excited 🤓

2 Mar 2023

Not

I'm also seeing a bullish divergence on the 1 hr...