The market doesn’t lie. Today’s $AMZN gave textbook price action: a clean rejection at 226.50 and a waterfall sell off straight into 220.77 support. If you weren’t watching levels, you missed easy money. Notice how every bounce attempt got slapped down at resistance. Purple arrows = failed pops. Yellow arrows = short-cover bounces. Classic bear control. Volume confirmed the move. Heavy selling into the open → no buyers stepping in → stair-step fade until demand finally showed at 220.77. My prediction? If $AMZN can reclaim 224.33 with conviction, we’ll see momentum back to 226.50. Fail to reclaim? We revisit 220.77 and possibly crack lower. This is how pros trade: map your levels, respect volume, and stay patient. While others panic, we execute. Today was a reminder: the chart gives clues every time. You just need to know how to read them. Stay tuned, more breakdowns coming.
I see that your intention is very clear; to teach/preach and not to learn. After you enter the trade, you can tell us your entry price, entry date/time, STOP price. Then we can monitor your performance. Then we can see how being patient helps you while others panic, and how good you are in getting clues from the chart. Anyway, your analysis is bad because you failed to look at the big picture / zoom out first. You cannot zoom in using scanning electron microscope first.