Amazon Is on Track to Hit a Critical Level: Watch Out

  • After mostly recovering from a brutal multi-month selloff through April, shares of Amazon.com Inc. NASDAQ: AMZN now find themselves at one of those make-or-break moments that could define the next few months of price action. The stock closed on Tuesday at just over $217, putting it within a couple of dollars of the $220 level that served as rock-solid support through multiple tests last December.