$AMZN The sharp drop from above 266 was indeed brutal, plunging all the way to around 214 before bottoming out. However, the bulls quickly mounted a counterattack, driving a powerful V-shaped reversal. The price has now recovered most of its losses, while the MACD has formed a golden cross at a low level with rising volume, signaling strong rebound momentum. As long as a pullback holds above the support around 243, this recovery rally is likely to continue and test the resistance level higher up!

Entry: 258.80
Stop loss: 243.00
Take profit: 276.50

$AMZN - Long

Enter the trade below 👇