Technical analysis by Alchemy Markets about Symbol AMZNX on 11/6/2025

After a strong post-earnings gap higher, AMZN is now pulling back toward a key technical zone — the anchored VWAP and the low-volume node (LVN). In volume profile terms, LVNs often act as springboards for price. Because they represent areas of low trading activity, liquidity is thin — meaning when price revisits these zones, it often rejects quickly as buyers or sellers step in to defend the prior imbalance. Currently, AMZN’s structure shows: Price retesting anchored VWAP support from the October swing low LVN just below acting as potential demand pocket (~$240–$245) Upside channel intact, targeting the $285 zone if this pullback holds A bounce from this region would confirm continuation within the ascending channel — aligning with the broader re-rating theme after solid Q3 earnings momentum. Key Levels: Support: $240–$245 (LVN / anchored VWAP) Resistance: $270, then $285 Bias: Bullish continuation