Shorts, thank you for supporting her at $258.00 today. It must have been exhausting. Now, take a good rest you rightfully deserve. We'll help you push her higher next week. We've had a descent amount of rest for about a week. We've been re-charged. Together we can push her to her all-time high in no time.
$260 is absolutely top for the rest of the year. It is the earnings disappointment that sealed AMZN's fate. No matter how strong the general market is, AMZN will feel selling pressure because of earnings disappoiment.
There will be end of day selling today because most longs will learn $260 is just too hard a level to penetrate. You will see.