$AMZN

Avoid AMZN due to two-month downtrend and weak RSI of 51.

Bearish
“Tech Takes Over? QQQ Hits Highs While Dow Turns Red”

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Amazon, on the other hand, has created a kind of cup-style design, which may be a long handle or simply a base on a collection base. However, it is currently facing some difficulties in overcoming its own obstacles.

It had been on a downward trend for two months. Therefore, I do not pay attention to stocks that are trending downwards . I like to buy and sell when it is strong, and when it is weak, you can see the Guinness Relative Strength Index (RSI) is weak.

It is at a level of 51 out of 99 or 100. This means that 51% of the stocks in the market are performing worse, and the other 49% are performing better or something like that. Whatever the calculation may be.

But it doesn't perform in the nineties or eighties range. It's just that , and you can see that from the graph, right ? It's not clear. I mean, it's perfectly clear.

What this channel has said about $AMZN

Cash Flow Machine | Mark Yegge | Wealth Architect has 4 calls on this stock; only the adjacent ones are shown.

2026-10-02BearishThis one
Amazon, on the other hand, has created a kind of cup-style design, which may be a long handle or simply a base on a collection base. However, it is currently facing some difficulties in overcoming its own obstacles. It had been on a downward trend for two months. Therefore, I do not pay attention to stocks that are trending downwards . I like to buy and sell when it is strong, and when it is weak, you can see the Guinness Relative Strength Index (RSI) is weak. It is at a level of 51 out of 99 or 100. This means that 51% of the stocks in the market are performing worse, and the other 49% are performing better or something like that. Whatever the calculation may be. But it doesn't perform in the nineties or eighties range. It's just that , and you can see that from the graph, right ? It's not clear. I mean, it's perfectly clear.
2026-09-25
Amazon, the situation is somewhat similar; it is in a long-term integration phase . If we put a big frame around this , no one is sure which way the stock is going, up or down. It is hovering around the 50 level and needs to break through it.
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