AMZN Weekly Options Trade Plan 2025-06-20

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AMZN Weekly Analysis Summary (2025-06-20)

Comprehensive Analysis of AMZN Weekly Options Trading

1. Key Points Summary

Current Price: AMZN is priced at $210.20.

Max Pain Level: $200.00 indicates a downward gravitational pull, suggesting potential selling pressure as expiration nears.

Technical Analysis:

5-Minute Chart: Bearish alignment; price below key EMAs indicating short-term downward pressure. Daily Chart: Mixed signals; above the 10-period EMA but lack of complete data for 50/200-period EMAs makes long-term trends unclear. RSI: Indicates potential for an oversold bounce short term but lacks strong bullish signals. Support & Resistance: Immediate support at $209.59-$210.08 with resistance at $211.38. Breaking support could accelerate downward momentum. Market Sentiment: