Technical analysis by NOBSForex about Symbol AMZNX: Sell recommendation (12/17/2025)

Amazon looks very weak here and I wonder if this is a sign of how retail is going to pan out this holiday season. Regardless of the fundamental back drop my chart tells me all I need to know and right price is not screaming buy. We had the 8MA(226) cross below the 50MA(229) and it is now challenging the 100MA(226). All of the MA's are curling down and price is trying to test the 200MA(219) which will be an important spot if we get there. I would be looking to short bounces up to 227 until price can reclaim that 8MA. Selling Call Spreads above that level or selling Puts below 210 look like good options right now. If we see a break/hold below the 200MA I would be pressing shorts for 210, 208, 200. We all know how important 190ish was this year so bulls really don't want to see that level come back into play. AMZN