@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
42.95
Analysis
305
Correct
131
Fail
165
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
AMZN
Long Entry
222.5300
2025-12-17
05:38 UTC
Target
239.0300
In 3 Weeks
Fail
211.0300
Risk/Reward
1 : 1
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Final PnL
7.41%
P/L: —
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The analysis focuses on Amazon (AMZN) forming a bullish pattern on the hourly chart. The price has shown resilience around the $211.03 support level, forming higher lows after a significant downtrend. The price is currently consolidating within a descending triangle, with a potential for a breakout upwards if buyers can regain control. The target for a bullish move would be the resistance level at $239.03, with a stop loss placed below the recent low of $211.03. Alternatively, a breakdown below the support could lead to further downside pressure.
