Shares of Amazon.com Inc. NASDAQ: AMZN were trading just above $220 on Tuesday morning, continuing to retreat from a stubborn layer of resistance around $240. We’ve flagged this level before as a potential triple-top risk, and the longer Amazon fails to clear it, the louder the bears will be. This is a pivotal moment for a stock still only a few big green days away from its all-time highs. It’s made all the more critical because the company’s banner Prime Deal Days event is only a few weeks away, and could ...

Shares of tech giant Amazon.com Inc NASDAQ: AMZN closed just above $230 on Wednesday evening, keeping intact the fresh uptrend that has been running since the start of August. While the broader market has been powering to fresh records, Amazon is still a few dollars shy of its own all-time high around the $240 mark, last touched in February.  As we recently flagged, there’s a risk that Amazon’s chart is forming a dangerous-looking triple top, which makes the coming weeks critical for the stock and its prosp ...