Amazon stock looking like it’s ready to move up.Amazon.com, Inc.BATS:AMZNaltaecoAMZN BULL CASE (Short Term) / Price holding near lower channel support RSI turning up from oversold zone MACD bullish crossover & histogram curling up Potential bounce toward channel mid-line Risk/reward favorable for a short-term long TRADING PLAN (Short Term Long) Entry Zone: 230 - 235 Targets: 248 - 255 / 265 - 275 Stop Loss: Below 225 (close) Risk/Reward: Favorable (1:2 to 1:3) Timeframe: Days to a few weeks Key Levels Support: 230 - 225 / 210 - 200 Resistance: 248 - 255 / 265 - 275 / 280 - 295 Trend: Uptrend still intact while above225) Upside Targets 1) 248 - 255 (Mid-Line) 2) 265 - 275 (Upper Channel) Invalidation (Bearish). Break below 225 opens door to 210 - 200