$AMZN Price Action Breakdown

[Annas Stocks]

The market doesn’t lie. Today’s $AMZN gave textbook price action: a clean rejection at 226.50 and a waterfall sell off straight into 220.77 support. If you weren’t watching levels, you missed easy money.

Notice how every bounce attempt got slapped down at resistance. Purple arrows = failed pops. Yellow arrows = short-cover bounces. Classic bear control.

Volume confirmed the move. Heavy selling into the open → no buyers stepping in → stair-step fade until demand finally showed at 220.77.

My prediction?
If $AMZN can reclaim 224.33 with conviction, we’ll see momentum back to 226.50.
Fail to reclaim? We revisit 220.77 and possibly crack lower.

This is how pros trade: map your levels, respect volume, and stay patient. While others panic, we execute.

Today was a reminder: the chart gives clues every time. You just need to know how to read them.

Stay tuned, more breakdowns coming.

 

[Rufus_Leakey]

My prediction?
If $AMZN can reclaim 224.33 with conviction, we’ll see momentum back to 226.50.
Fail to reclaim? We revisit 220.77 and possibly crack lower.

So, if the price goes higher, the price will be higher. If the price goes lower, the price will be lower. That about covers the possibilities.😏

 

[emilyzheng]

Nice map. I’d want an hourly close back through your 224.33 pivot before targeting 226.5; lose 220.77 on rising volume and I’d stand aside. My read: neutral bias until that reclaim prints—cleaner R/R.

 

[Annas Stocks]

Nice map. I’d want an hourly close back through your 224.33 pivot before targeting 226.5; lose 220.77 on rising volume and I’d stand aside. My read: neutral bias until that reclaim prints—cleaner R/R.

Fair take my breakdown was intraday focused 1 min levels, scalp setups. For swing conviction, I agree hourly reclaim of 224.33 cleaner R/R to 226.5 lose 220.77 on volume = caution. Same levels, different lenses.