Technical Analysis: Amazon Inc.
Amazon Inc. (AMZN) remains a dominant force in e-commerce and cloud computing, offering robust growth potential despite recent volatility and a pullback following its latest release. Approaching key support levels, AMZN appears poised for a rebound as market sentiment stabilizes and the company’s core fundamentals remain intact. Our technical analysis suggests a renewed bullish trend in the near term, with a price target of $240, driven by strong cloud/AI momentum and investor confidence. This preview is part of our first article testing our new internal reporting and analysis AI and template—please share your feedback to help us refine our approach!
