Technical analysis by martinmlm about Symbol AMZNX: Sell recommendation (8/4/2025)

8/1/25 - AMZN: new SELL signal chosen by a rules based, mechanical trading system. AMZN - SELL SHORT Stop Loss @ 234.11 Entry SELL SHORT @ 214.75 Target Profit @ 181.53 Analysis: Higher timeframe: Prices have stayed below the upper channel line of the ATR (Average True Range) Keltner Channel and reversed. Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B SELL pattern...where the current highest top breakout price is less or only slightly peaking higher than the preceding top price.This seems weird because I would not expect Amazon to be headed down but this is the setup and I'm taking it in order to be accountable