2026-04-06 19:02:31

$AMZN has not made a new low for the year since February when it bottomed at 196. A weekly close above the yearly pivot at 217 will confirm that it made an intermediate term low. On the other hand, breaking below 196 would likely take it down to the 1st yearly support at 175.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes