From a technical aspect, Amazon is mixed. Support for the stock sits about 18% below its current level (the blue line) for the long term outlook. with headwinds and sanctions in place from Russia, earnings could be missed and given the past history of misses on Amazon, the stock can fall hard. In the short term support for Amazon sits at $2,500 followed by the blue trendline at $2,280. If Amazon broke this, then $2000 could be on the cards, though this is unlikely. Looking towards the upside, initial targets are $3,000. A nice weekly close above here could set the stage for the stock to rally towards $3,160, then $3,240 and then the highs of $3,750. A break above here aims for $4,000.00. MACD still trends strongly negative and RSI is reading 38, suggesting a bearish bias at the moment, but this could change if investor sentiment picks up soon.