AMZN Gap Fill
AMZN Gap Fill is well underway. Already have confirmation on the 5m, 15m, 30m, 1hr charts. With the way it popped yesterday, Don't be surprised if we get back to $1900 in short order.
*Key Support at $1865 held and that's where she opened this morning
*Immediate bounce up to $1880 level showed some pretty good strength while rest of market was searching for direction - except for
TSLA which apparently just hit ludicrous speed...
*Retraced to 1870 after bump up to 1883...didn't even bother to make double bottom shows the bulls are still in control.
*Following identical pattern to yesterday's slow, continuous buy-build-buy-build basing.
*Bull pennant and nice strong uptrend (maybe a better indicator than the gap fill) has formed on 5m candles and continues to hold.
*Key Support at $1865 held and that's where she opened this morning
*Immediate bounce up to $1880 level showed some pretty good strength while rest of market was searching for direction - except for
TSLA which apparently just hit ludicrous speed...*Retraced to 1870 after bump up to 1883...didn't even bother to make double bottom shows the bulls are still in control.
*Following identical pattern to yesterday's slow, continuous buy-build-buy-build basing.
*Bull pennant and nice strong uptrend (maybe a better indicator than the gap fill) has formed on 5m candles and continues to hold.
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