AMZN 2-21

🔥 Market Overview:
Trend: Bearish; consistent lower highs and lower lows.
Key Levels:
Resistance: $225.50, $228.00.
Support: $222.00, $219.50.
Indicators:
MACD: Weak bullish crossover, suggesting a potential short-term bounce.
RSI: 57.61, neutral but approaching overbought conditions.
Supertrend: Bearish, confirming downward pressure.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping

Buy near: $222.50, targeting $225.00 (+1.1%).
Sell near: $225.50, targeting $223.50 (-0.9%).
Stop-loss: Below $221.50.
🩸 2. EMA Pullback Scalping

Buy near: $222.50 (EMA 9), targeting $224.50 (+0.9%).
Sell near: $225.50, targeting $222.50 (-1.3%).
Stop-loss: Below $221.00.
🩸 3. Breakout Scalping

If $225.50 breaks, enter long toward $228.00 (+1.1%).
If $222.00 fails, short toward $219.50 (-1.1%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price holds above $222.00, expect a short-term bounce toward $228.00.
If it breaks below $219.50, bearish continuation is likely.
The downtrend remains intact until a higher low is formed.
🔥 News & Market Context:
Amazon continues trading in a downtrend, showing signs of a potential short-term reversal.
Broader market weakness is pressuring tech stocks.
No major catalysts, meaning technical levels dominate trading action.
🔥 Decision:
🩸 Short-term: Scalping between $222–$225.50 is the best strategy.
🩸 Mid-term: Bearish unless $225.50 is reclaimed.
🩸 Ideal Play: Trade with tight stops; avoid chasing moves.

👑 Final Verdict:
Weak hands panic. Strong hands execute with precision.

🔥 LucanInvestor:
"Control risk, master the trade. Everything else is noise."