Amazon Stock Forum

It has been quite a solid run for S&P500 as it surged to yet another all time high last week, capping off a six consecutive weeks of gains. This is the longest weekly winning streak of 2024.
After decent earnings from Netflix and major financial institutions, will these powerful earnings continue as the earnings season go full force?     
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Continues to respect the levels. Watch for 188.80 to hold, top of POC, for another attempt at 190.65.
Larger Image: tradingview.com...
$Amazon (AMZN.US)$  

$Amazon (AMZN.US)$
VCP pattern. First attempt within a week to break 190. But closed below 190
Lets see if can break it through next week.

I've been watching $Amazon (AMZN.US)$ recently as prices have been hovering near the $190 level.
First, let's discuss why $190 is such an important level.
Weekly chart
From 2021 to 2024, $190 has acted as a key resistance level. Between late 2021 and 2022, the price fell nearly 55% from this high.
Daily Chart
$Amazon (AMZN.US)$ previous earnings on Aug 2024 saw price gapped down but soon recovered to test the $190 level again!
With ...

$Amazon (AMZN.US)$ $200 next?

$Amazon (AMZN.US)$ I bought 192.92 . Can up over it?😅

$Amazon (AMZN.US)$ back to 190.Will it continue to rise?