Amazon investors GET READY!

14 feb 2022

Amazon historically has been respecting my resistance zone. If the price is able to break above 3.2k once more in the near future I believe we are going to see buyers test the resistance zone once more. On the other hand, the price may choose to drop back down to 2.6k-2.8k range. If this occurs and price continues to drop within the supply zone I believe there are some strong buy & hold opportunities at this zone.