AMZN uptrend line

AMZN could start to build a triangle with the downtrend line from nov 2021 and the long term trending line. If finally it breaks the uptrend line, it could search the support around 2050$. If it respect the trending line, it could go again to the 3000~3800 range. It is soon to say and it is only speculation but despite of the bad last earnings and the bad macro environment, AMZN fundamentals are enough good to keep the uptrend.
amazonTrend Analysisuptrend

Disclaimer