Market Structure & Key Levels
* Current Price: $208.11
* Support: $200, $197.43
* Resistance: $215, $220, $225
Amazon (AMZN) has shown a recovery from the $197.43 demand zone, breaking multiple Break of Structure (BOS) and Change of Character (ChoCH) to the upside. This signals a potential trend shift from bearish to bullish momentum.
Reversal Zone Analysis
AMZN recently bounced off the highest negative NETGEX / PUT support and is approaching a critical reversal zone between $205 - $215. If price sustains above $205, the next leg higher could push toward $215 and beyond.
Options & GEX Analysis
* IVR: 44.7
* IVx Avg: 37.6
* GEX: Green (Bullish Bias)
* Put Walls: $200, $195, $190
* Call Walls: $215, $220, $225
The options flow suggests bullish momentum with strong call positioning above $215, aligning with resistance levels.
Trading Plan & Strategy
Bullish Scenario (Preferred)
* Entry: Above $205 with strong volume confirmation
* Target: $215, then $220
* Stop-Loss: Below $200
Bearish Scenario (Less Likely)
* Entry: If price rejects $210 - $215 resistance
* Target: $200
* Stop-Loss: Above $215
Options Trade Idea
* Bull Call Spread: Buy $205 Calls, Sell $220 Calls (April Expiry)
* Credit Put Spread: Sell $200 Puts, Buy $190 Puts
Final Thoughts
AMZN is showing early signs of a reversal, but confirmation is needed above $205. A break above $215 could trigger a further push toward $220 - $225, while rejection at resistance could lead to a retest of $200 - $197.43.
Disclaimer
This analysis is for educational purposes only and not financial advice. Please do your own research and manage risk accordingly.
* Current Price: $208.11
* Support: $200, $197.43
* Resistance: $215, $220, $225
Amazon (AMZN) has shown a recovery from the $197.43 demand zone, breaking multiple Break of Structure (BOS) and Change of Character (ChoCH) to the upside. This signals a potential trend shift from bearish to bullish momentum.
Reversal Zone Analysis
AMZN recently bounced off the highest negative NETGEX / PUT support and is approaching a critical reversal zone between $205 - $215. If price sustains above $205, the next leg higher could push toward $215 and beyond.
Options & GEX Analysis
* IVR: 44.7
* IVx Avg: 37.6
* GEX: Green (Bullish Bias)
* Put Walls: $200, $195, $190
* Call Walls: $215, $220, $225
The options flow suggests bullish momentum with strong call positioning above $215, aligning with resistance levels.
Trading Plan & Strategy
Bullish Scenario (Preferred)
* Entry: Above $205 with strong volume confirmation
* Target: $215, then $220
* Stop-Loss: Below $200
Bearish Scenario (Less Likely)
* Entry: If price rejects $210 - $215 resistance
* Target: $200
* Stop-Loss: Above $215
Options Trade Idea
* Bull Call Spread: Buy $205 Calls, Sell $220 Calls (April Expiry)
* Credit Put Spread: Sell $200 Puts, Buy $190 Puts
Final Thoughts
AMZN is showing early signs of a reversal, but confirmation is needed above $205. A break above $215 could trigger a further push toward $220 - $225, while rejection at resistance could lead to a retest of $200 - $197.43.
Disclaimer
This analysis is for educational purposes only and not financial advice. Please do your own research and manage risk accordingly.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.