AMZN still on target for new ATH 189? Looks good still!
@Asphen：
Price action update (24 Feb 2024) - Breakout from earnings have been in an island past weeks - Island reversal signs are not that strong (also given that AMZN will now be added to DOW30) - Resistance zone appears at 175/177 - Overcoming it has a relative easy path to new ATH 189 - Previous try to breakout of island has come back in - We are now in the 2nd try Bullish - Follow through on the island breakout and overcome 177 - Next target is 182 and then 189 (new ATH) Bearish - Break back into island range and then break below 164 (which is also 50% gap fill from earnings) My Plays - Have been nibbling shares some months back and will continue to do so if there is confirmed break out of island Good luck, all! AMZN Daily Chart - 24 Feb 2024 @melson @TigerStars @macroB @CaptainTiger @Deposit $Amazon.com(AMZN)$
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