Technical analysis by thecafetrader about Symbol AMZNX: Buy recommendation (9/8/2025)

Hello I am the Cafe Trader. Today we’re looking at Amazon If you have followed my last couple Idea's on AMZN, we have really pegged down where these players are in the market. This month I wanted to highlight the bullish sentiment with AMZN. This chart shows us something important — shorts are losing grip. Every time they’ve tried to step in, the moves have been getting weaker and weaker. From the sharp -10% drop in early August, to the most recent -1.7% retracement, sellers are showing less conviction. Adding to this, there is a new Aggressor, a new buyer on the market looking to defend their position. This is putting a lot of pressure on the Strong supply, which is a key seller, and really the last one. Green Scenario If AMZN can push through this Strong Supply zone (around 235–240) and hold, then we open the door to a breakout higher. A close above the Strong Supply by the end of the week would really signal the beginning of shorts covering, and an extension toward the 250 area and beyond. NOTE If sellers manage to hold the line here one more time, I expect a dip back into the New Aggressor demand zone around 227–230. If these new buyers fail, we may be in for months of bear territory for AMZN. Watch out for ATH's! Follow and Boost, comment on some stocks you would like to see forecasted. Happy Trading, thecafetraderThat close into the end of the week is suspicious. A lot of Bulls have been trapped on the verge of that breakout. So this changes my sentiment, although, until that new aggressor gets completely taken out, I remain bullish.