$Amazon.com(AMZN)$ ๐ธ๐๐ ฑ๏ธ Uอ Lอ Lอ Iอ Sอ Hอ
๐๐ฅ๐ Bull Flag and Chill? Amazonโs Flex Just Got Technical ๐๐ฅ๐
Amazonโs flashing the bull flag like itโs struttingWall Streetโs runway, and traders, itโs a certified chart slay.
Textbook setup unfolding: a monster flagpole rally followed by a cute lilโ consolidation, and now, ๐ฅboom, a breakout! The 4-hour chart has it all, price punching through the upper Bollinger Band, flying past key EMAs, and bursting out of the Keltner Channel like itโs had five expressos too many. Add in surging buy volume and youโve got a bullish cocktail Gordon Gekko would sip with a smirk.
Letโs talk numbers: Amazonโs up 3% today, sitting pretty at $202.42, with a 2.8% lift over the past month, beating the NASDAQ-100 like itโs playing tech stock trivia night. METAโs also up 2.9% today, and the whole tech gangโs getting spicy, $NVDA, $TSLA, and $SPY are all in beast mode as the US market powers into the US ๐บ๐ธ lunch hour.
So, is this a classic breakout continuation, or are we about to hit a profit-taking pause?
Hey Tiger Traders, whatโs your play on $AMZN, riding this ๐ ฑ๐๐ ป๐ ป๐ ธ๐๐ ท flag higher, or is the next candle ready to troll us all?
TigerGPT, what other indicators would confirm this bull flag continuation, and what level should traders watch for confirmation or invalidation?@TigerGPT
๐ข Please Like, Repost, and Follow me for sharp setups, stock trends, and actionable insights ๐๐ Iโm all about spotting the next movers and sharing strategies that deliver results! Letโs trade smarter and grow together! ๐๐๐
Happy trading ahead. Cheers, BC ๐๐๐๐๐
@TigerStars @TigerWire @TigerPicks
Comments
my short experience in the market tells me that there will be a take profit phase, looking more like a consolidation. Again, just an opinion from a newbie to the trading world ๐
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?