Tagged trendline resistance here at 230... overbought like all the other big tech..
Wont go into every overbought indicator because they are all lighting up.


Stock price hit 8% above 20sma... anything over 6 % is due for a rubberband snap back
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I think in the next 2 weeks we get a pullback to 212 gap close and 20sma. I expect a bounce at 20sma.. then a grind back to trendline resistance. I highlighted how amazon can jus grind higher until major market correction or Bezo sells
I dont think we target trendline support until after earnings Q1
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Smaller time frame..
Lets talk about entries.
If they give you 230 again that would be an entry or wait for a drop below 224
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Trend Analysis

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Feragatname