AMZN just finished up its W-4 pull back as expected. However, price was about $80 shy of reaching our buying zone at $3100-3000, but the bottom appears to be in now. AMZN should rally about 10% by the end of month to complete its W-5. It should maintain the support trend line you see on the chart. After we reach the selling zone you will want to "Sell in May and Go away" because AMZN will then begin its larger degree W-2 pullback that will bring price back to about the $3100-3000 level. I will be selling covered calls against my shares to protect my gains once we reach the selling zone.
Nothing changes. Sell zone remains the same. Enjoy the gains :)