Amazon (AMZN) Scalping StrategyAmazon.com, Inc.BATS:AMZNLucanInvestor🔥 Market Overview: Trend: Short-term recovery, but overall bearish structure still present. Key Levels: Resistance: $215.80, $218.50 Support: $213.00, $210.00 Indicators: EMA9 near EMA200 → No strong trend, price testing equilibrium. MACD slightly negative → Weak momentum, no clear trend. RSI at 52.98 → Neutral, no divergence. Risk of Short Squeeze? Low—only if price breaks $215.80. Market Maker Activity: Some accumulation, but still in range. 🔥 Scalping Strategy: 🩸 1. Momentum Scalping (If Breakout Above $215.80) Buy near: $215.80 Target: $218.50 Stop-loss: $214.50 Risk-to-Reward: 1:2 🩸 2. Range Scalping (If Price Holds $213 - $215.80) Buy near: $213.00 Sell near: $215.80 Stop-loss: $211.80 Profit Potential: ~2.4% 🩸 3. Breakout Scalping (If Below $213.00) Short below: $213.00 Target: $210.00 Stop-loss: $214.50 Risk-to-Reward: 1:3 🔥 Mid-Term Trend Forecast (1-3 Weeks): If $215.80 holds, Amazon could push towards $218.50 - $220.00. If $213.00 fails, expect a drop to $210.00. 🔥 News & Market Context: Investors filed a lawsuit against Amazon for misleading shareholders → Negative sentiment. Stock up 0.73% today → Weak bullish momentum, but lawsuit risk lingers. Earnings in 57 days → No immediate catalyst for a big move. 👑 Trade Rating (1-10): Range Scalping: 7/10 (Good but needs confirmation). Momentum Long Above $215.80: 8/10 (Stronger confirmation needed). Short Below $213.00: 9/10 (Best risk-reward setup). 🔥 Decision: 🩸 Short-term Play: Best for range scalping $213 - $215.80. 🩸 Mid-term Play: Break above $215.80 = long; below $213.00 = short. 🩸 Ideal Play: Wait for breakout confirmation. 👑 Final Verdict: Play the range or wait for a trend shift. 🔥 LucanInvestor's Quote: "Patience and precision—two weapons of a master trader."