$AMZN (Amazon) Latest Stock Analysis 📊
Amazon is showing positive momentum, trading around $245.63, up 2.20% in the latest completed session.
AWS growth remains a major bullish factor, with cloud revenue increasing 39% year over year. However, heavy AI spending and negative free cash flow remain important risks.
My View: AMZN looks promising for the long term. Watch the $242 support area and $253 resistance zone. A breakout above resistance could strengthen bullish momentum.
Are you bullish or bearish on $AMZN 🚀
Amazon is showing positive momentum, trading around $245.63, up 2.20% in the latest completed session.
AWS growth remains a major bullish factor, with cloud revenue increasing 39% year over year. However, heavy AI spending and negative free cash flow remain important risks.
My View: AMZN looks promising for the long term. Watch the $242 support area and $253 resistance zone. A breakout above resistance could strengthen bullish momentum.
Are you bullish or bearish on $AMZN 🚀