Keep it simple

Monthly chart of Amazon and it doesn't look to health. Price has gone parabolic without a healthy pull back. Indicators showing that is very heavily over bought.
Volume has dropped of considerably from a few years ago
This is a good example of a greedy market state and visibly unsustainable.
I'm not even considering to buy until the market has taken back a minimum of 618%

Don't forget to hit the like button or follow me on Trading View for more chart analysis :)