Amazon was trading Bearish for the whole of 2022 into January this year and now we finally turned Bullish on May 15 with a Break in Structure at $113. Our main focus was the Propulsion Block resting at $126 and at the same level we had a Search and Destroy Profile sweeping 143.98 (High) and 126.33 (Low) Our first target is $159 and we looking to make a re entry around the same level. More updates to follow
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Our first target has been reached ($159) and we are looking to make a reentry at the same level when price retraces into it.
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$187 target has been hit