Shares of tech giant Amazon.com Inc. (NASDAQ: AMZN) have been trading just above $230 the week of Jan. 20 as the company gears up for its first earnings report of the year, due in early February. Technically, the stock remains in an uptrend, supported by a clear run of higher lows, but it is also starting to look uncomfortably flat.
Amazon has struggled for weeks now to push through the record high it set in November, and that hesitation has left the stock in limbo at a time when the broader market has been pushing on to fresh highs.
