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Possible head and shoulders forming on AMZN

NASDAQ:AMZN   Amazon.com
It seems like a head and shoulders pattern might be developing on AMZN. Be aware of the main supports and resistance to confirm the pattern. Keep an eye out for crossing down the support at around $3140, which should validate the pattern and give more room to short the stock up to $3108. If it goes above 3182 resistance, the ticker might continue an uptrend inside a channel formed in the short term, with room to go up to $3220. As always, patience is the key. Good luck!
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