Yes, Amazon doesn’t look great here—but let’s put it in perspective.
Imagine holding the stock from this exact price in 2021, watching it trade 20% higher in February 2025—would you sell here?
For now, I’m watching $189—if it can’t break below, the risk reward is even better.
Stop: 5 points from here
Target: $230
Let’s see if the 189 level holds.