AMZN Head and Shoulder

Drew up something similar for NFLX and it hit the target on the button. If charts are to be believed, AMZN still has a ways to go, which means it will be a huge drag on the market.

The last time AMZN missed targets, it traded down then sideways until the next earnings. I don't expect a big up movement until then.

No position, thing just costs too much.