In the context of a trade, as a opposed to a long-term investment:
I'm going to defer action on
AMZN at this time.
I'm not bearish, but I feel caution is warranted here.
Don't see it as a compelling purchase price at $3100
Won't be surprised by a move higher or lower over the next three weeks.
Anticipating good earnings numbers, but market might not reward that.
Just my $0.02
Believe I will have more conviction shortly after earnings.
I'm going to defer action on
AMZN at this time. I'm not bearish, but I feel caution is warranted here.
Don't see it as a compelling purchase price at $3100
Won't be surprised by a move higher or lower over the next three weeks.
Anticipating good earnings numbers, but market might not reward that.
Just my $0.02
Believe I will have more conviction shortly after earnings.
Note
AMZN can easily leg out $3330 on this runNote
There's the $3330, and I'm risk adverse 
NDX now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.