🚀 Technical Analysis (TA) – Intraday Overview
Current Price Zone: ~$200.20
* AMZN made a Break of Structure (BOS) near $206 before rejecting from a key supply zone.
* Currently retracing into a rising channel support line and near previous CHoCH retest zone.
* The price is still inside a bullish structure — watching for reversal confirmation near $198–195.
Indicators:
* MACD: Bearish, but histogram flattening — suggests weakening momentum to the downside.
* Stoch RSI: Oversold and starting to curl up — possible bounce setup.
🔐 Key Levels
Support:
* 195 → HVL + psychological round level + trendline support.
* 190 → Strong PUT support zone via GEX.
* 189.38 → Recent swing low – must hold for bulls to remain in control.
Resistance:
* 206–208 → Supply zone + previous BOS level.
* 210 → Gamma wall (Highest positive NetGEX)
* 220 → 3rd CALL Wall (far extension)
🧠 GEX & Options Flow (TanukiTrade GEX Zones)
* GEX Sentiment: 🟢🟡🟢 — Moderately Bullish
* IVR: 33.6
* IVx avg: 35.4 → Options are fairly priced, no volatility extremes
* CALL$%: 2.4% (weak call flow but dealers not aggressively hedging short)
* Key Gamma Wall: 210
* PUT Support: 190
* HVL Cluster: 195 (May expiry, pivotal)
📌 GEX suggests gamma compression between 195–206, with breakout potential above or breakdown if 190 fails.
🛠️ Trade Scenarios
📈 Bullish Setup – Bounce from 195 or Trendline
* If AMZN holds the rising channel and HVL zone around 195, reversal likely toward 206.
* Entry: Above 200 reclaim with volume
* Target 1: 204
* Target 2: 206
* Target 3: 210 (Gamma wall)
* Stop-Loss: Below 194.50
* Options Play:
* Buy Apr 12 $205 Calls
* OR Debit Call Spread: Buy $200 / Sell $210 Calls
📉 Bearish Setup – Breakdown Below 195
* Break below channel support and HVL may trigger a flush to 190.
* Entry: Break of 194
* Target 1: 190
* Target 2: 185
* Stop-Loss: Above 197
* Options Play:
* Buy Apr 12 $190 Puts
* OR Bear Put Spread: Buy $195 / Sell $185
🧭 Final Thoughts & Bias
* Bias: Neutral → Leaning bullish if 195 holds.
* Gamma and SMC zones align for a bounce setup.
* If price fails to hold trendline near 195, bearish momentum may escalate toward 190 PUT Wall.
🎯 Key Watch: Reaction near $195 is everything today.
📛 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk.
Current Price Zone: ~$200.20
* AMZN made a Break of Structure (BOS) near $206 before rejecting from a key supply zone.
* Currently retracing into a rising channel support line and near previous CHoCH retest zone.
* The price is still inside a bullish structure — watching for reversal confirmation near $198–195.
Indicators:
* MACD: Bearish, but histogram flattening — suggests weakening momentum to the downside.
* Stoch RSI: Oversold and starting to curl up — possible bounce setup.
🔐 Key Levels
Support:
* 195 → HVL + psychological round level + trendline support.
* 190 → Strong PUT support zone via GEX.
* 189.38 → Recent swing low – must hold for bulls to remain in control.
Resistance:
* 206–208 → Supply zone + previous BOS level.
* 210 → Gamma wall (Highest positive NetGEX)
* 220 → 3rd CALL Wall (far extension)
🧠 GEX & Options Flow (TanukiTrade GEX Zones)
* GEX Sentiment: 🟢🟡🟢 — Moderately Bullish
* IVR: 33.6
* IVx avg: 35.4 → Options are fairly priced, no volatility extremes
* CALL$%: 2.4% (weak call flow but dealers not aggressively hedging short)
* Key Gamma Wall: 210
* PUT Support: 190
* HVL Cluster: 195 (May expiry, pivotal)
📌 GEX suggests gamma compression between 195–206, with breakout potential above or breakdown if 190 fails.
🛠️ Trade Scenarios
📈 Bullish Setup – Bounce from 195 or Trendline
* If AMZN holds the rising channel and HVL zone around 195, reversal likely toward 206.
* Entry: Above 200 reclaim with volume
* Target 1: 204
* Target 2: 206
* Target 3: 210 (Gamma wall)
* Stop-Loss: Below 194.50
* Options Play:
* Buy Apr 12 $205 Calls
* OR Debit Call Spread: Buy $200 / Sell $210 Calls
📉 Bearish Setup – Breakdown Below 195
* Break below channel support and HVL may trigger a flush to 190.
* Entry: Break of 194
* Target 1: 190
* Target 2: 185
* Stop-Loss: Above 197
* Options Play:
* Buy Apr 12 $190 Puts
* OR Bear Put Spread: Buy $195 / Sell $185
🧭 Final Thoughts & Bias
* Bias: Neutral → Leaning bullish if 195 holds.
* Gamma and SMC zones align for a bounce setup.
* If price fails to hold trendline near 195, bearish momentum may escalate toward 190 PUT Wall.
🎯 Key Watch: Reaction near $195 is everything today.
📛 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.