AMAZON 1D Death Cross confirms Bear Cycle. Minimum Target $150.

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AMAZON 1D Death Cross confirms Bear Cycle. Minimum Target $150.Amazon.com, Inc.BATS:AMZNTradingShotAmazon (AMZN) completed earlier this month a 1D Death Cross while its 1W MACD made a Bearish Cross (at 20.00). The last time both these happened at the same time was in 2022 at the beginning of the previous Bear Cycle. Actually the time symmetry (and price patterns to some extent) among the two fractals and the structure preceding the Bear Cycles, are very similar. Both started in a December (2018 and 2022) and topped in a December (2021 and 2025 respectively). Now (March 2026) we are in a similar trading sequence/ consolidation below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) as in March 2022. Incredible time symmetry, which if it continues to hold, expect the price to target the 1M MA100 (red trend-line) next (which is where the 2022 Bear Cycle bottomed) around $150 at least. That is our minimum Target for this Bear Cycle. If global geopolitics along with uncontrolled inflation and prolonged rate pauses (or even hikes) continue to dominate the economic environment, then the Cycle could drop by -56.90% (like in 2022) targeting $115.00, which is closer to the 0.786 Fibonacci level and can make contact with the 1M MA150 (black trend-line). --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡