#AMC #AMZN #SE Weekly Stocks Technical Analysis + Fundamental Headline News
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Price playing nicely as analyzed last week, giving us a -11.16% move before the current healthy bullish retracement. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 4.31 next.
Price playing out nicely as analyzed last week, giving us a 9.12% move before the bearish candle yesterday. If price were to continue higher, the next target for this bearish retracement is the bullish POI at 118.60. If price decides to go lower, we could see price potentially targeting the sell-side liquidity at 104.78 created in late April 2023.
Price did not play out as analyzed last week. However, price mitigated an old order block at 56.95, giving a nice 7.20% reaction off it. From here, I'm expecting price to continue higher, at least to fill the 50% fair value gap at 82.68.
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Great to see the analysis.