AMZN Looking for a Correction

٨ أغسطس ٢٠٢٣

AMZN underwent an impressive rally post-earnings, serving as one of few. On the 1 Hr time frame we see a text book double top, waiting for it to bounce of the neckline resistance for entry. First Target Is $138 and a failure to hold this support could send AMZN deep deep into the red. Wait for confirmation before entering trade.