I think $DWA is going to 30$ wich is what they are willing to sell for. On the technical side:
- All relevant moving averages are turning up
- Stock jumped and is holding just above YTD VWAP
You could put a stop on todays lows. Decent Risk Reward play
$AMZN broke a long term uptrend support, but it didn't have a follow up week so uptrend continues.
On the bearish side all important moving averages are downwards on a daily basis. We'll see how this wedge resolves, but if price breaks below 284 area with conviction, we'll see lower prices.