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AMZN

AMAZON Excellent buy opportunity for a new ATH.Last time we looked at Amazon Inc. (AMZN) was three months ago (November 13 2024, see chart below), giving a pull-back buy signal: The price action couldn't have followed this more accurately as after a short-term pull-back, the stock hit our $240.00 Target at the end of January. Since then the price started to pull-back again to a point where this week it broke below its 1D MA50 (blue trend-line) for the first time since September 11 2024. With the 1D RSI on the 40.00 mark, this pull-back resembles the April 25 2024 Low, made near the 0.5 Fibonacci retracement level. We expect a similar medium-term rebound to start towards the 1.236 Fibonacci extension. Our Target is marginally below it at $252.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMZNLong
by TradingShot
1
Amazon is about seem summer growth shoots againWhy? Because my crystal TA balls say so. Seriously though, here is my reasoning, given the indicator momentum Price Action & Trend Analysis • The stock is currently at $222.42, down -1.86%. • The price recently broke down from a local high near $244 and is in a downtrend. • Break of Structure (BoS) and Change of Character (CHoCH) labels indicate trend shifts. • A weak resistance zone around $244 suggests prior buying exhaustion. • A demand/support zone appears near $218, with previous price reactions in this range. Momentum Indicators (Lower Panel) • The stochastic-based oscillator in the lower panel shows oversold conditions (~below 20 level). • Previous rebounds occurred at similar oversold levels, suggesting a potential bounce. • Multiple purple downward arrows (sell pressure) have recently printed, aligning with declining momentum. Short-Term Outlook (Next Few Days) • Bullish Case: If support at $218-$220 holds, a relief bounce could push prices towards $226-$230 (~50% retracement of the drop). • Bearish Case: A break below $218 could accelerate downside momentum towards $210-$212. Now - let’s talk Probabilities: • Bounce towards $226-$230: ~60% if support holds. This is the more prevailing wind in my view. • Further drop to $210-$212: ~40% if selling is strong. Summary & Trading Plan • Short-term traders: Watch $218-$220 support for a bounce trade to $226-$230. • Swing traders: A breakout above $230 strengthens a bullish case towards $240+. • Risk Management: A clear break below $218 suggests a potential breakdown towards $210-$212.
NASDAQ:AMZNLong
by OG_Doge
Amazon - Catch The Parabolic Rally Now!Amazon ( NASDAQ:AMZN ) will start the parabolic rally: Click chart above to see the detailed analysis👆🏻 Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first. Levels to watch: $180, $400 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMZNLong
by basictradingtv
5
Warren Buffett’s New Investments & Full Berkshire Portfolio ScanHi, In today’s post, I’ll discuss Buffett’s latest moves, which led me to analyze Berkshire Hathaway’s entire portfolio. I’ve identified 10 interesting stocks - two of them are here on TradingView, while the rest are available on my Substack (ENG) channel. You can find the link in my bio by clicking the Website icon or simply copy/pasting it. First, the latest moves: In Q4 2024, Warren Buffett, the legendary investor behind Berkshire Hathaway, made bold portfolio adjustments. His firm entered a new position in Constellation Brands (STZ), a leading beer and spirits maker, and increased stakes in Domino’s Pizza (DPZ), Pool Corp (POOL), Occidental Petroleum (OXY), and Sirius XM (SIRI). At the same time, Berkshire significantly reduced its holdings in Bank of America (BAC) and Citigroup (C), while exiting Ulta Beauty (ULTA) completely. After aggressively trimming its Apple (AAPL) stake earlier in the year, Berkshire left its position unchanged in Q4. New Investments and Increased Positions + Constellation Brands (STZ): New 1B investment in the beverage giant behind Corona and Modelo. + Domino's Pizza (DPZ): Nearly doubled its stake, adding $550M—betting on continued growth. + Pool Corporation (POOL): Increased holdings in this niche but promising leisure and home improvement play. + Occidental Petroleum (OXY): Expanded to 264.2M shares, maintaining a bullish oil and gas stance. A separate filing earlier this month revealed Buffett added more in February + Sirius XM Holdings (SIRI): Added 5M shares, bringing ownership to 35%, reinforcing confidence in media. Reductions and Exits - Bank of America (BAC): Cut stake by 15%, selling 95M shares, reducing ownership below 9%. - Citigroup (C): Slashed holdings by 75%, offloading 40.6M shares worth $2.4B. - Ulta Beauty (ULTA): Fully exited, reallocating capital elsewhere. Technical breakdown Considering Buffett’s latest portfolio moves, I decided to analyze all Berkshire Hathaway stocks from a technical perspective. While Buffett is known for his long-term fundamental approach, the key question is: - Are there any technical setups that allow us to follow his investments? - Do any of these stocks present strong breakout opportunities or key reversal points? I reviewed the charts and found several interesting setups. Here are my findings. 1. Occidental Petroleum (OXY) Sector: Energy – Oil & Gas Exploration and Production Berkshire Hathaway’s Holding: 264.2 million shares (~27.2% ownership) Portfolio Weight: Approximately $12.8 billion (4.7%) Occidental Petroleum is a leading oil and gas producer, primarily operating in the U.S., Middle East, and Latin America. It also has a chemical division (OxyChem) and is investing in carbon capture technologies for sustainable energy. From a technical perspective, I have been watching this stock for a long time, waiting for the right setup. I avoided recommending it in 2023–2024 due to a strong downtrend line that has consistently acted as resistance. This trendline has been a game changer in previous price movements, leading to repeated selling pressure. Looking at the bigger picture, the liquidity grab in 2020 and the rally that followed signaled a potential shift in a trend. While breakouts from major downtrends take time, I focus on timing my entries as close to perfect as possible. We saw strong momentum in 2021 and 2022, followed by a current controlled pullback. My key area remains between $40 and $50 - a historically significant level that aligns with the current price structure. Now that OXY is inside this zone, the technical conditions suggest a solid opportunity to follow one of Buffett’s latest moves. 2. Diageo plc (DEO) Sector: Consumer Non-Durables – Alcoholic Beverages Berkshire Hathaway’s Holding: 227,750 shares (~0.03% ownership) Portfolio Weight: Approximately $24.5 million (~0.01% of the portfolio) Diageo plc, a British multinational company, is a global leader in alcoholic beverages, boasting a diverse portfolio that includes renowned brands such as Johnnie Walker, Smirnoff, Baileys, and Guinness. From a technical analysis standpoint, DEO has experienced a gradual decline of over 50% from its all-time high, positioning the stock inside my marked support zone between $90 and $110. Key technical factors: - Historical Support: around $90, which previously acted as a strong resistance and later served as minor support after the breakout. - Liquidity Considerations: The area just below $100 can acted as a liquidity zone, potentially serving as a strong support level. - Fibonacci Retracement: Applying the Fibonacci retracement from all-time lows to highs indicates that the 62% retracement level aligns within this zone, adding credence to its significance. I don’t use it as much as before since drawing from midpoints doesn’t provide a strong edge. However, when aligned with all-time lows or highs and matching my marked area, it becomes a solid factor in my criteria. Given these technical indicators, the $90 to $110 range emerges as a potential reversal zone. Within this, the $90 to $100 segment appears particularly robust. Investors should monitor this area closely for signs of a trend reversal or consolidation, which could present a strategic entry point. ------- These are just two of the 10 stocks I found interesting in Berkshire Hathaway’s portfolio. If you want to see the full breakdown and my take on the rest, head over to my Substack (ENG) channel. You’ll find the link in my bio under the Website icon, or you can copy/paste it directly. See you there! Cheers, Vaido
NASDAQ:AMZNLong
by VaidoVeek
Amazon (AMZN) Stock Analysis & ForecastAmazon (AMZN) Stock Analysis & Forecast The U.S. stock market has experienced a notable downturn recently, and Amazon (NASDAQ: AMZN) is no exception. Currently trading at $228, I am closely monitoring the stock for a potential pullback to $220, where I plan to enter. Entry Strategy My entry point of $220 is based on a confluence of key technical levels: An ascending trendline indicating ongoing bullish momentum. A horizontal support level, reinforcing this area as a strong demand zone. Target & Exit Strategy If fundamental catalysts align in my favor, my price target (TP) will be the all-time high (ATH) zone around $240, with the potential to extend beyond. As always, risk management remains a priority—trade cautiously and adapt to market conditions.
NASDAQ:AMZN
by ForexClinik
New highs area +$1,000/share unlocked for NasdaqSeems like 2 months of sideways downtrending (since mid December) is over for Nasdaq. Unless any surprise political shock news come out (we all know that can be a challenge with Trump) we could see Nasdaq reach $23,000 per share area in drawn upcoming green period. This would also reflect directly on upward momentum for several bluechip stocks: Apple Inc. NASDAQ:AAPL Microsoft Corporation NASDAQ:MSFT Amazon.com Inc. NASDAQ:AMZN Alphabet Inc. NASDAQ:GOOGL Meta Platforms Inc. NASDAQ:META NVIDIA Corporation NASDAQ:NVDA Tesla Inc. NASDAQ:TSLA Intel Corporation NASDAQ:INTC
IG:NASDAQ
by ProfitTradeRoom
Amazon’s Short-Term Outlook: Navigating Key Support LevelsAmazon remains a market powerhouse, yet its stock is no stranger to short-term fluctuations. Support levels are indicated on chart. A move below these levels could trigger deeper short-term weakness, whereas a bounce off these supports would underscore Amazon’s robust fundamentals. As always, such volatility is typical in dynamic, high-growth stocks, and traders should watch these key levels closely when planning their next move.
NASDAQ:AMZNShort
by datavanza
1
STOCKS | AI | Amazon, Meta & MSFTPeople who are saying that AI is just a bubble are missing the big picture. Huge tech companies are pouring serious money into it, which shows they believe AI is here to stay. We're talking massive investments – like over $320 billion in AI infrastructure by 2025, according to the Financial Times. Amazon is planning over $100 billion in capital expenditures in 2025, mainly focused on AI infrastructure. This could be huge not only for NASDAQ:AMZN as a whole but also for the AI industry. Alphabet is also throwing in around $75 billion this year to boost its AI capabilities. These kinds of investments from the top players make it clear: they know you have to spend big to win in the AI game and clearly there is a race going on, especially after the release of DeepSeekAI. American companies don't want to be left behind, and it's likely that they will pour money into integrating AI to improve their business operation - with the ultimate aim to improve profit - which is great for stock prices. How they make money from AI might change over time, but the overall direction is obvious – AI is changing everything and driving innovation. According to Statista, the global AI market is predicted to reach around $826 billion by 2030. That kind of growth tells you AI is going to be a major force in just about every industry. And therefore I believe that all the companies making major investment in AI will also see exponential growth over the next 5 years - meaning it may be a longer term game play. _______________ NASDAQ:MSFT NASDAQ:META
NASDAQ:MSFTLong
by CryptoCheck-
2
Amazon (AMZN) Shares Retreat from All-Time HighAmazon (AMZN) Shares Retreat from All-Time High After Earnings Report As shown in the Amazon (AMZN) stock chart, the price reached an all-time high of around $242 per share on 4 February. However, following the earnings report on 6 December, AMZN shares declined despite the company exceeding analysts' expectations: → Earnings per share: Actual = $1.86, Forecast = $1.48 → Revenue: Actual = $187.8bn, Forecast = $187.3bn Investor disappointment may have stemmed from: → Signs of slowing cloud business growth. Amazon, a pioneer in public cloud services with Amazon Web Services (AWS), now reports annual cloud revenue growth of around 20%, down from over 50% five years ago. → Soaring capital expenditure on AI data centres with uncertain profitability prospects. Amazon has projected approximately $105bn in capital spending for 2025, up 27% from 2024 and 57% from 2023. Technical Analysis of Amazon (AMZN) Stock AMZN remains within an upward trend, indicated by the blue channel on the chart. However, bullish momentum appears vulnerable as: → The price struggles to reach the upper boundary of the channel. → A bearish "head and shoulders" (SHS) pattern is visible on the chart. → A bearish gap (marked with an arrow) has formed post-earnings, suggesting a potential resistance area ahead. This points to a possible pullback. If it occurs, AMZN stock could correct, potentially towards the parallel orange line, drawn based on the blue channel’s width. A test of the $217 support level is also possible. Should You Buy AMZN Shares Now? Following the earnings report, AMZN has underperformed the S&P 500 (US SPX 500 mini on FXOpen). However, analysts remain optimistic. According to TipRanks: → 45 out of 46 analysts recommend buying AMZN stock. → The average 12-month price target for AMZN is $267. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AMZN
by FXOpen
2
Amazon Stock Plummets After Earnings ReportDuring the last trading session, Amazon's stock dropped by more than 3.5% , bringing its price below $230 per share. This sharp decline followed the company's quarterly earnings release yesterday, where it reported earnings of $1.86 per share , surpassing the expected $1.49 , and revenue of $187.79 billion , slightly above the $187.30 billion projected. However, investors were disappointed by the company’s sales growth forecast of only 5% for the first quarter of this year, along with a warning about a negative foreign exchange impact exceeding $2 billion. This has led to a decline in confidence, reinforcing a persistent bearish bias in Amazon’s stock price. Bearish Trend Strengthens Currently, a significant downward trendline has been in place since the last months of 2024. But the recent sell-off has raised doubts about the buying strength seen in previous sessions. If bearish pressure continues to increase, it could pose a considerable risk to the current market structure in the short term. Neutrality Begins to Take Over Both the RSI and CCI indicators have quickly dropped to their respective neutral levels— 50 for RSI and 0 for CCI. This suggests that recent price movements have turned neutral, making it unclear which force is currently dominating the market. If these indicators continue to hold within neutral territory, a potential sideways consolidation could emerge on the daily chart. Key Levels to Watch: $240 – The most important resistance level, representing the latest highs recorded by the stock. A breakout above this zone could reignite the long-term uptrend from last year and trigger sustained buying pressure. $228 – A critical support zone that aligns with previous lows, as well as the uptrend line. If sellers push the price below this level, the bearish bias could strengthen, leading to a deeper downside correction in the short term. $216 – Final support level, corresponding to the January lows and the Ichimoku cloud barrier in the short term. If selling pressure drags the price to this level, it could invalidate the current bullish structure on the chart. By Julian Pineda, CFA – Market Analyst
NASDAQ:AMZN
by FOREXcom
1
Your Most Requested Stocks Are Here - 15 Stocks, 15 Analyses!Hello readers, Just a few days ago, I ran a "poll" - huge thanks to everyone who participated in the comments! The response was amazing: 130 mentions, 80 different stocks, and 15 tickers that stood out with multiple mentions. Stay tuned as I break down the most requested ones! I initially planned to let this run longer, but interest has cooled off a bit, so I’ve decided to wrap it up and start summarizing the results so you can analyze them through the weekend. Now, let’s get to it: ✅ A technical breakdown of 15 stocks. ✅ Key price levels and volatility zones to watch. ✅ Possible scenarios and setups based on the charts. Some charts tell a clear story, while others… well, let’s just say not all price action is tradable and I’ll explain why. Which stocks made the list? Scroll down and let’s dive in! 15. Microsoft (MSFT) Looking at Microsoft's price movements, I wouldn’t rush into a position just yet. The stock has been stuck in this price zone for more than a year. While buying at the current levels could work out, there is also a risk that it remains in this range for another year. Instead, I see two scenarios that offer a better approach: 1. This scenario relies on waiting for a pullback. A better price = better future returns. If the price drops to $290–$355/360, I would be ready to buy. Lower price levels often offer new liquidity, providing stronger momentum in the years ahead. 2. Wait for confirmation instead of guessing. Let the market show that investors are willing to push MSFT to higher levels before entering. Over the past year, the price action has established a resistance zone at $450–$460. A monthly close above this level would provide confirmation. However, patience is still key because the round number $500 could act as an obstacle. After a breakout, you have another two options: Buy immediately after the breakout is confirmed - monthly close needed - or wait for a rejection from $500 before entering. This could provide an opportunity to buy at a similar price but with more confirmation and a stronger support level. This approach increases the chances that investment starts working more efficiently and from a better technical position. 14. Robinhood Markets (HOOD) There isn’t much to say, the stock is flying. However, to add an educational perspective, these small pauses in the movement can create liquidity zones after a pullback. If the stock pulls back and you find yourself wondering “Where is the right spot to enter?”, these pause areas provide potential opportunities. While this isn’t necessarily a setup, using these pullbacks effectively can help scale up your position in the stock or initiate a new one. Many traders hesitate, thinking, "It's too expensive, it's too expensive," suddenly the price pulls back to a pause area. When that happens, you already know what to do - set your alerts. 13. Salesforce (CRM) Confirmed Breakout: We have three clean previous yearly highs - we mark them. As investors, not traders, we focus on the strongest zone - we connect them. Within this zone, there is a minor round number at $300, and for me, the strongest retest area is currently at $270–$300. This level could serve as a key support zone for potential future entries. 12. Intel Corporation (INTC) This is quite a difficult chart with poor price action, making it challenging to navigate. Personally, I wouldn’t take any action until one of these two scenarios becomes valid. Deeper pullback for liquidity – The drop has been strong and intense and we could see lower prices as in 1996. A move below the current support level could attract new liquidity and hopefully, make the stock more attractive to investors. Break above the strongest resistance – This scenario is highly time-consuming. Right now, the stock is trading below a major resistance area, and recovering won’t be easy, especially after such a sharp drop from a 2023 positive price trend. A break above $28 would make it more attractive for me. For those already holding INTC, selling could be a strategic move. You could potentially buy back at lower prices, reducing the risk of having your investment stuck for several years. Given the current price action, breaking back above resistance will be a difficult battle - there are much better opportunities. 11. Novo Nordisk (NOVO_B) I mentioned this stock on TradingView a few months ago, as well as at a financial conference in Estonia. The price has moved a bit but here is the initial technical thesis: The key area remains 500–600 DKK, with the following criteria: - A small pause in price movement, similar to what I discussed in the HOOD analysis. - 50% retracement from the all-time high—for large-gap stocks, this level can offer strong volatility, if the fundamentals, in general, remain stable. - The round number at 500 DKK, which could act as a psychological support level. 10. Coinbase (COIN) A year and a half ago, I posted an analysis on TradingView about COIN, currently up almost 300% , highlighting an Inverted Head and Shoulders pattern. That pattern is also present today but on a much larger scale. Hopefully, history repeats itself and the outcome will be the same ;) Currently, we have a massive Inverted Head and Shoulders pattern. This pattern becomes valid only after a breakout from the neckline. Which has already happened! The price has also tested the neckline, but the movement has remained limited due to the strong resistance zone at $260–$290. Despite this, there has been a minor breakout above this level and from a technical standpoint, the price is currently trading within a potential buying zone for those interested. Key criteria: - A bullish Inverted Head and Shoulders pattern is in place. - The neckline breakout has already occurred. - A minor breakout above the strong $260–$290 zone suggests further potential. 9. Meta Platforms (META) "Pause areas" – If someone randomly picks stocks each month, for example, Apple this month, Amazon or Meta next month, then these price levels can be extremely useful for deciding what to buy. For META, the key picking areas are marked on the chart as reference points for potential pickers: 8. NIO (NIO) Mentioned three times, and I feel sorry for those expecting a useful analysis on NIO - I don’t have one. Technically, there is nothing to work with here. The price action is basically dead, moving randomly without any clear structure. Yes, I could draw lines and mark support levels but that would be misleading for both - you and me. Volume has dropped significantly compared to previous movements. When volume declines this much, previous price levels become irrelevant. As I mentioned at the beginning, if there’s something to analyze, I’ll share it. Right now, there isn’t. ------------- Closing Section (For TradingView Post), that wraps up the first eight stocks from the picks! I hope you found this analysis valuable but that's not all! The remaining 7 stocks are now live on my Substack-ENG, including: 🔹 Tesla (TSLA) – Will history repeat itself? 🔹 Amazon (AMZN) – Smart entry levels instead of buying at all-time highs. 🔹 Palantir (PLTR) – The high-risk, high-reward case. …and four more stocks that were highly requested! Substack-ENG link is in my BIO (clicking the website icon), or you can find it by scrolling up - just below the main image. See you there, Vaido Disclaimer: This post is not investment advice, and the ideas presented are not recommendations to buy or sell any securities. It is intended for educational and analytical purposes, reflecting my personal view of the current market situation. Every investor should conduct their own independent analysis and consider the risks before making any decisions.
NASDAQ:NVDALong
by VaidoVeek
6
AMAZON -- Results of Buying before the SplitSharing some insights of when I bought Amazon before the split, It was a great decision as it has given my portfolio a great boost. It has been very bullish trending higher, and February started off on a good note so far. Ideally I would love to see it take the Previous months highs and keep pumping. I would not be surprised if it reached MIL:1K per stock again. BUT NOT FINANCIAL ADVICE, and I also have no real data to support this theory yet. It is just my biased beliefs. Stocks, Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
NASDAQ:AMZNLong
by BDripTradess
Amazon (NASDAQ:$AMZN) Slides 4% Amidst Cloud Growth SlowdownAmazon (NASDAQ: AMZN) shares slid nearly 4% in pre-market trading on Friday, as investors reacted to a slowdown in the company's cloud growth and a subdued sales forecast for the current quarter. The dip comes despite strong performance in Amazon's retail segment and a broader technical breakout that suggests the stock may be poised for a significant upward move in the coming months. Let’s dive into the technical and fundamental factors driving Amazon’s current market dynamics and why this dip could be a buying opportunity for long-term investors. Cloud Growth Slowdown Weighs on Sentiment Amazon Web Services (AWS), the company’s cloud computing division and a key profit driver, reported a 19% year-over-year revenue increase to $28.79 billion for the quarter. While this growth is impressive, it fell slightly short of analyst expectations of $28.87 billion, according to LSEG data. This miss has raised concerns about the competitive pressures AWS faces from rivals like Microsoft Azure and Google Cloud, as well as emerging low-cost competitors such as China’s DeepSeek. Technical Outlook From a technical perspective, Amazon’s stock chart tells an intriguing story. As of Friday’s pre-market trading, AMZN was down 2.78%, but the stock recently broke out of a falling trend channel, signaling a potential reversal of its previous downtrend. While the stock has yet to capitalize on this breakout, the current dip could be interpreted as a "shakeout" before a significant upward move. Key technical indicators support this bullish thesis: - Relative Strength Index (RSI): The RSI remains strong at 60, indicating that the stock is neither overbought nor oversold and has room to climb. - Moving Averages: AMZN is trading well above its 50-day, 100-day, and 200-day moving averages, a sign of strong underlying momentum and bullish sentiment. This technical setup suggests that the pre-market dip may be a temporary pullback rather than the start of a sustained downtrend. For traders and investors, this could present an attractive entry point. Strong Revenue and Earnings Growth Amazon’s financial performance in 2024 has been impressive, with revenue reaching $637.96 billion, a 10.99% increase compared to the previous year’s $574.79 billion. Earnings surged by 94.73% to $59.25 billion, reflecting the company’s ability to scale profitability even as it invests heavily in growth areas like AI and cloud infrastructure. The company’s 12-month forward price-to-earnings (P/E) ratio of 37.3 is higher than peers like Alphabet (22.7) and Microsoft (30.1), but this premium is justified given Amazon’s diversified business model, dominant market position, and long-term growth potential. Analyst Sentiment: Strong Buy Rating Wall Street remains overwhelmingly bullish on Amazon. According to 43 analysts, the average rating for AMZN stock is a "Strong Buy," with a 12-month price target of $254.3, representing a 6.48% upside from the latest price. At least seven brokerages raised their price targets following the earnings report, bringing the median target to $260. Analysts are optimistic about Amazon’s ability to navigate near-term challenges and capitalize on long-term growth opportunities in AI, cloud computing, and e-commerce. The company’s heavy investments in AI infrastructure, while weighing on margins in the short term, are expected to pay off handsomely in the coming years.
NASDAQ:AMZNLong
by DEXWireNews