Jul. 15 at 11:30 PM
$AMZN’s monthly chart is getting very interesting.
The stock has reclaimed the May lows, which invalidates the potential monthly bearish FVG setup and shows buyers are starting to regain control of the trend.
Now the big level traders are watching is the
$300 target. If momentum continues and the broader market remains supportive, a move toward that area by the end of summer is becoming a key bullish scenario.
Of course, targets are just expectations. The real drivers will be earnings growth, capital flows, AWS performance, advertising strength, and AI infrastructure investments.
Over the next 7 days, I’ll be watching whether
$AMZN can maintain this breakout structure and if volume continues confirming the move.
Strong charts are great, but the best setups happen when technicals and fundamentals align.
I’ll keep sharing AI leaders, tech setups, and market opportunities. Follow my page and turn on notifications so you don’t miss the next move.