AMZN stock ran into a resistance level on 4/11 that remained in play for the majority of the rest of the year, up until new highs were reached in November. While the true max price in mid-2024 occurred in July, a correction down back below the resistance level defined in April occurred. While the candlestick chart leading up to the 4/11 resistance point appeared rather normal at first glance, an early indicator of future bearish activity would have been the correction to prices back below resistance levels from early March.
5/9 - Doji
6/27 - Tweezers Top 📚