Technical analysis by isahebdadi about Symbol AMZNX: Buy recommendation (10/17/2025)

On the daily chart of Amazon (AMZN), the price is sitting right on its long-term uptrend line — a trendline that has supported the stock multiple times since early 2023. The current price hovers around $220, with the 50-day SMA near $225, acting as short-term resistance. In the short term, a confirmed move above $225 could trigger a rebound toward $235 and $248. A logical stop loss for this bullish scenario is below $210, where the short-term structure would weaken. In the longer-term view, as long as the price stays above the uptrend line (around $205–$208), the broader trend remains bullish with targets at $255 and $270. However, a confirmed breakdown below $200 would invalidate the uptrend and could lead to a deeper correction toward $185. Overall, Amazon is at a critical decision zone — the next few sessions will reveal whether it bounces back into strength or breaks its multi-year trendline support.