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Technical analysis by abo0o about Symbol AMZNX: Sell recommendation (9/24/2025)

https://sahmeto.com/message/3793424
abo0o
abo0o
Rank: 39

Amazon analysis

Sell
Price at Publish Time:
$220.46
Sell،Technical،abo0o

Right now, I believe price is trading inside the distribution area that I’ve highlighted. The recent break of the trendline suggests momentum may be shifting, with the risk of a reversal into a downtrend. From an investor’s perspective, this is not the most attractive area to be buying. A more favorable entry could come if price moves back down into the accumulation area I’ve marked on the chart. 🎯 Conclusion: My view is cautious — I think AMZN may leave the distribution phase and head lower toward the accumulation area. As an investor, patience here may prove wiser than chasing current levels.

Source Message: TradingView
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