Technical analysis by ALRASHYD_ about Symbol AMZNX on 6/20/2022

AMZN hits the target of double top. After reaching the target area, it will form a V-shaped bottom, and if it is maintained, it will form two double bottoms, which makes the stock set for an upward trend.The stock has reached 1.27% of the length of the 2021-2023 corrective wave, achieving gains of approximately 196%. On the monthly timeframe, a divergence has occurred between the stock and the RSI indicator.