Here's what we're seeing on the weekly chart:
If the gap closes and holds, we could see a continuation of the recent move higher — setting up a powerful weekly higher low. This could offer broader momentum in the large-cap tech space.
AMZN
- Price recently hit the 61.8% fib retracement from the all-time high to the April 2025 low
- Sitting on strong support from the July 2024 high
- A gap at $193 is just below current levels
If the gap closes and holds, we could see a continuation of the recent move higher — setting up a powerful weekly higher low. This could offer broader momentum in the large-cap tech space.
AMZN 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.