$AMZN could be setting up for a move toward that notable gap fill around $193. If price loses the key $200 psychological level, the path there opens up.
Personally, thatβs where Iβd be watching closely for a potential dip-buy especially if it reacts off the rising trend line.
Very similar to what we saw with
$MSFT. Once it broke $400, it quickly filled the $393 gap⦠and has since bounced roughly 8% off that level.
Levels matter. Gaps matter. Reactions matter.
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