Looking at the monthly ugly candles, if the may month candle closes below $2030 levels, I clearly see a downside in AMZN to a level around $1600.
And looking at the horizontal support and resistance line @ 2033 & 1670. It is a clear cut NO TRADE ZONE for traders. In past from mid 2018 to mid 2020 that stock is stuck between these levels and I avoid such...
