Technical analysis by isahebdadi about Symbol AMZNX: Buy recommendation (11/10/2025)

A clear Cup and Handle pattern has formed, signaling a potential bullish continuation. The stock recently broke above key resistance around $244 and is now pulling back to retest that breakout level. Short-Term View (1–3 weeks): •If price holds above $244 and shows strength, upside momentum is likely to resume. •Short-term target: $265–$270 •Stop-loss: below $230 Long-Term View (2–6 months): •A confirmed breakout of this pattern could lead to a strong upward move. •Long-term target: $290–$310 •If price loses the $227–$230 support zone, the bullish setup weakens, and a drop toward $200 could follow. Summary: AMZN is at a key retest zone after breaking a long-term resistance. Holding above $244 would likely confirm the bullish trend, while failure to sustain that level might trigger a deeper correction.