$AMZN Weekly Setup – Watch the $193 Gap

Here's what we're seeing on the weekly chart:

• Price recently hit the 61.8% fib retracement from the all-time high to the April 2025 low
  
• Sitting on strong support from the July 2024 high
  
• A gap at $193 is just below current levels
  

If the gap closes and holds, we could see a continuation of the recent move higher — setting up a powerful weekly higher low. This could offer broader momentum in the large-cap tech space.

AMZN