Amazon (AMZN) shows short-term selling pressure and a bearish near-term bias, with indicators like the In-Out Wave and MACD signaling downside pressure.
Source Post
Amazon.com, Inc. ( $AMZN ) SpicyTrade - Daily Stock Analysis
Jun 6, 2026
The creator provides a technical analysis of Amazon (AMZN), noting short-term selling pressure and a bearish near-term bias based on price action and indicators like the In-Out Wave and MACD. However, the stock is trading above its 100-day and 200-day moving averages, suggesting long-term strength and institutional accumulation.
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