$AMZN š Trend: Bullish
š Main reason: Strong Q2 earnings and faster-than-expected AWS cloud growth driven by AI demand pushed Amazon above a $3 trillion market value for the first time. ļæ½
Reuters +1
š¢ Support: Around $270
šÆ Resistance: Around $285ā290
š” Outlook: As long as the stock holds above support, momentum remains positive. Short-term traders will watch whether it can break above the recent highs, while investors will keep an eye on AI spending and future AWS growth. ļæ½#AmazonJumps15%OnAWS37%Growth #CoinbaseBTCPremiumNegative77Days #USIranDealOrNoDeal #KoreaMarginHikeCutsLeveragedETFTrading 