Technical analysis by Midgar- about Symbol AMZNX: Sell recommendation (5/26/2025)

It should be no surprise that after massive gains such as we have seen lately, stocks tend to retrace 60-70% or more back to the origin from whence they came. This is largely due to the Market Maker "Making a Market" for everyone to play in, but mostly so they don't loose any money. The Tech space in general and Especially names like TSLA , AMZN , and NVDA are flashing warning signs. A Major pullback event is coming. Likely the second wave down to our first tariff wave seen earlier in march. The CCI is rejecting on the High time frame, along with a rather lartge Head and Shoulders Pattern forming. Some may call it a Double Bottom. Truth be told it's not fat a booty unless it worth slapping, and at these prices, she's all dried up. Target 119 to close the Weekly box then accumulate with caution.