Last month, 48% of visitors to documentation sites across Mintlify were AI agents, not humans.

Claude Code, Cursor, and other coding agents are becoming the actual customers reading your docs. And they read everything.

This changes what good documentation means. Humans skim and forgive gaps. Agents methodically check every endpoint, read every guide, and compare you against alternatives with zero fatigue.

Your docs aren't just helping users anymore. They're your product's first interview with the machines deciding whether to recommend you.

That means: clear schema markup so agents can parse your content, real benchmarks instead of marketing fluff, open endpoints agents can actually test, and honest comparisons that emphasize strengths without hype.

Mintlify powers documentation for over 20,000 companies, reaching 100M+ people every year. We just raised a $45M Series B led by @a16z and @SalesforceVC to build the knowledge layer for the agent era.

Make Your Docs Agent-Ready

After an impressive upside run that pushed the stock steadily higher for weeks, AMZN now appears to be entering a short-term corrective phase.

The recent pullback looks increasingly consistent with an Elliott Wave zigzag correction, suggesting that momentum may finally be cooling after an extended bullish advance. While the larger long-term trend still appears constructive, the current structure implies the stock could continue drifting lower before a stronger support zone develops.

According to the Wavegenius.pro Zigzag Tool:

At this stage, the pullback still appears more corrective than bearish, but traders are beginning to shift focus from chasing upside momentum toward identifying where the next high-probability support zone may emerge.

AMZN had been participating strongly in the broader technology rally, benefiting from:

As bullish sentiment expanded, traders increasingly rotated into large-cap technology names viewed as stable growth leaders.

But after extended rallies, momentum inevitably begins slowing.

Eventually:

That appears to be what is developing now in AMZN.

Importantly, this does not automatically signal a major bearish reversal. In many cases, these types of pullbacks are simply healthy corrective pauses inside larger bullish trends.

The key question becomes how deep the correction ultimately develops before buyers regain control.

The current decline in AMZN appears to fit the structure of a standard Elliott Wave zigzag correction.

A zigzag generally unfolds in three phases:

The first wave lower often surprises traders because momentum had previously appeared stable and persistent.

In AMZN, the initial A wave decline moved from approximately 278 down to 272.

278-272=6

That creates a roughly 6-point initial decline, which becomes the basis for projecting potential downside targets for the developing C wave.

Zigzag corrections are common after strong rallies because they help:

The current correction may simply represent the market digesting gains after a sustained move higher.

According to the Wavegenius.pro Zigzag Tool, the first major downside target comes in near 268, based on the standard A = C relationship.

Wave\ A=Wave\ C\rightarrow Target=268

In Elliott Wave analysis, equality between Wave A and Wave C is one of the most common corrective relationships.

This structure assumes:

Psychologically, this type of setup often creates frustration because traders initially assume the correction is over during the B wave rebound, only to see another leg lower develop afterward.

The 268 area therefore becomes the first important support zone where:

Because AMZN remains one of the market’s premier mega-cap technology names, many traders will likely monitor this level closely.

If downside momentum accelerates further, the next major support projection comes in near 264, based on the 1.618 Fibonacci extension of Wave A.

Wave\ C=1.618\times Wave\ A\rightarrow Target=264

Extended C waves often develop when:

Although AMZN is generally less volatile than smaller momentum names, even mega-cap technology stocks can experience sharp corrections once sentiment begins cooling.

A decline toward 264 would still fit within a normal corrective structure from an Elliott Wave perspective.

In fact, stronger pullbacks can often create better long-term setups because they:

Another important factor is the recent behavior across the broader NASDAQ and technology sector.

Several high-flying technology and semiconductor names have recently started showing:

That broader market environment naturally impacts AMZN as well.

When major technology leaders begin correcting together, pullbacks can extend farther than traders initially expect.

That is why patience becomes especially important during corrective phases.

One of the biggest mistakes traders make during pullbacks is assuming the first dip automatically marks the bottom.

Corrective structures often unfold in stages.

Allowing the zigzag pattern to fully mature can:

The 268 and 264 levels now stand out as the key downside zones traders will likely monitor closely for signs of stabilization.

Waiting for:

can often produce much stronger setups than prematurely buying during active selling pressure.

Importantly, the current correction does not yet appear to threaten AMZN’s broader long-term bullish structure.

The stock continues benefiting from multiple long-term growth themes, including:

As long as the correction remains structured and corrective rather than impulsively bearish, the larger trend can remain intact.

AMZN appears to be entering a classic Elliott Wave zigzag correction after an extended rally higher.

The initial A wave decline moved from 278 down to 272, and according to the Wavegenius.pro Zigzag Tool:

While short-term downside pressure may continue, the structure still appears more corrective than bearish overall.

For traders, patience during corrections often creates the best opportunities once momentum fully resets and stronger support begins forming again.