Potential Channel

It’s possible, ‘All the King’s horses and all the King’s men won’t be able to put Amazon back together again’ (not advice, not a recommendation)

Amazon posted all-time highs on earnings coupled with so-called A.I. (efficiency) gains; labeled as ‘Up-Thrust’.

Then it collapsed, -17% before coming back to test resistance (blue line).

Then, it reversed (down) again.

Note: ‘Test’ was Fibonacci 21 Days, from all-time highs.

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279