Bears were getting their necks wrung in after-hours trading Monday as the stock wafted lazily above regular-session highs.  The move began with a feint to the downside. This suggests that the dirtballs who engineered the mini-dive are quite confident they’ll be able to take the stock higher overnight. However, even They will have to contend with the 1576.63 midpoint Hidden Pivot resistance shown. It is well located to show discernible stopping power, and the pattern from which it was derived could not be clearer. Night owls can use it as a minimum upside target, but the rest of us should move to the sidelines and simply observe. An easy move through the resistance would shorten the odds of a further rally to 1657.89, the pattern’s ‘D’ target.  Once AMZN has touched the red line (1576.63), the stock would become a ‘mechanical’ buy on a a pullback to 1535.99, stop 1495.35. _______ UPDATE (March 27, 12:25 p.m.): As expected, AMZN has rallied $20 to within an inch of the 1576.63 pivot noted above.  The so-far high is 1575.97, just 66 cents from the target; however, AMZN has remained stalled near the highs for the last three hours.  If the stock closes above the pivot or trades more than $2 above it intraday, that would be cause for renewed bullishness. [Bulletin, just a minute later: The stock has gotten socked $10 over the last 90 seconds and just hit 1561.45.]_______ UPDATE (2:12 p.m.):  The 1576.63 pivot worked more powerfully and precisely than I might have imagined.  Here’s a chart that shows AMZN’s wicked, $47 reversal from within a hair of the target. Puts at the 1520 strike that expire on Friday have gone from $2 to $14 since this morning.