🔴 $AMZN — Amazon | $260.75 | -0.48%
📦 AMZN SIGNAL — BULLS NEED TO DEFEND $255–260
Market Overview:
Amazon is slightly weaker while the broader mega-cap space remains mixed. Recent market data places AMZN around the $260 area after trading above $265 earlier in August. �
StatMuse
Key Support:
🟢 S1: $258–260
🟢 S2: $252–255
🟢 Major support: $245–248
Resistance:
🔴 R1: $265–267
🔴 R2: $272–275
🔴 R3: $280
Next Move:
Reclaim $265 → bullish attempt toward $272–275.
Lose $255 → correction risk toward $248.
🎯 Trade Targets:
TG1: $267
TG2: $275
TG3: $285
Short-Term: Neutral until $265 breaks.
Mid-Term: Amazon remains one of the mega-cap names worth watching if capital rotates from crowded semiconductor trades toward cloud platforms.
#ZECBreaksKeyResistanceUp75.5%
📦 AMZN SIGNAL — BULLS NEED TO DEFEND $255–260
Market Overview:
Amazon is slightly weaker while the broader mega-cap space remains mixed. Recent market data places AMZN around the $260 area after trading above $265 earlier in August. �
StatMuse
Key Support:
🟢 S1: $258–260
🟢 S2: $252–255
🟢 Major support: $245–248
Resistance:
🔴 R1: $265–267
🔴 R2: $272–275
🔴 R3: $280
Next Move:
Reclaim $265 → bullish attempt toward $272–275.
Lose $255 → correction risk toward $248.
🎯 Trade Targets:
TG1: $267
TG2: $275
TG3: $285
Short-Term: Neutral until $265 breaks.
Mid-Term: Amazon remains one of the mega-cap names worth watching if capital rotates from crowded semiconductor trades toward cloud platforms.
#ZECBreaksKeyResistanceUp75.5%
