AMZN has stopped out a ‘mechanical’ long as we’d expected after failing to find traction last week for three consecutive days. The new chart shows a fanciful target at 1842.24, but it will shift lower if the stock falls even moderately on Monday. Otherwise, a print at 1635.63 would put the target theoretically in play while tilting our short-term bias ever-so-slightly bullish. DaBoyz appear to be biding their time, waiting for the next short-squeeze opportunity. The stock is expensive to heft, and that’s why we’ll see it move higher only when sellers are confident they’ll do best by simply stepping out of the path of panic-stricken bears. At the moment, there’s no hint that such an animal even exists._______ UPDATE (Feb 12, 7:48 p.m. ET): Today’s rally put the 1842.24 target in play. More immediately, we’ll use p=1704.50 as a minimum upside objective for the near term.________ UPDATE (Feb 21, 6:21 p.m.): Zzzzzzz. AMZN feels leaden, but nothing has changed. It would take a drop below 1566.76 to invalidate the 1704.50 target. ______ UPDATE (Mar 4, 11:47 a.m.): DaBoyz trapped bulls with a gap-up opening that peaked a visual millimeter above p=1704.50. That could be it for a while, but if the stock surprises with a second-wind burst, closing above p, it would signal an impending run-up to at least p2=1773.37.