Amazon is at a pivitol point this week, with a massive ~340 point bullish run that stared on 6/7 finally seeing a pullback at the end of the last trading week. Unable to hold over 3500 after testing the 3520s multiple times, AMZN broke through support at 3440 and then confirmed the break after the bounce with a bearish engulfing on the 4hr. This rejection takes the form of an evening star on the daily. On the 4hr we can see a small bullish doji form as soon as we hit the 3400 level which aligns with the blue ascending level. A move in either direction in premarket will give us a trading strategy for monday. If we open above 3440 a restest of 3500 is in the cards if 3440 can hold, even more so if 3465 can be taken and held as well. If 3500 is broken on a retest my TPs for a multi day continuation are 3510 and then 3525 and finally 3550 and 3600. For a bearish play I would like to see a gap down in premarket and an open or an intraday break and hold below 3400. My bearish TPs for continuation are 3375, 3340 and finally 3300. I will remain neutral bewteen 3400 and 3440.