AMZN Analysis

٢ أغسطس ٢٠٢٢

Price did not play out as expected. I was expecting the price to bounce off the bearish POI at 120.05. However, price gapped above and invalidated the bearish POI. right now, we filled the fair value gap at 130.76. I'm expecting a retracement to the downside given that there is a fair value gap to be filled, as well as the bullish POI created.