as of Jun 11, 2026
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Summary

2026-04-02

Market Status: AMZN showing early recovery signs but still trading below all major EMAs (9: 207.95, 50: 214.71, 200: 219.49), indicating a longer-term downtrend with recent stabilization attempts.


Technical Indicators: MACD histogram turning positive (0.48), showing bullish momentum building. RSI at 50.24 indicates neutral territory with room to run higher. Three consecutive days of higher lows suggest buyers stepping in.


Recent Pattern: Bullish recovery forming with strong closes near highs. Volume appears constructive despite gap-down on April 2nd that was bought aggressively.


Prediction: Tomorrow likely green candle as momentum builds. Week expected to close above open as recovery continues toward 50 EMA resistance.

Insights

Trend: 🚀 BULLISH

Candlestick Pattern: Bullish Recovery Pattern (2026-03-31: bullish engulfing, 2026-04-01: spinning top consolidation, 2026-04-02: gap-down bought aggressively with strong close)

Support: 🟢 204.90 (recent swing low from 2026-04-02)

Resistance: 🔴 213.58 (recent high from 2026-04-01)

CALLBUYExpired AMZN @ 215

Expiration: Apr 16, 2026 · 14 days out | This strategy has expired

AMZN