Amazon: Almost there!Amazon should continue to decline with the magenta-colored wave (4) into our same-colored Target Zone between $176.91 and $161.83. As soon as it has established the corrective low there, a rise above the resistance at $201.31 is on the agenda. However, we will already see the price in the magenta-colored wave alt. (5) should the resistance be broken early.
AMZN
AMAZON Local Long! Buy!
Hello,Traders!
AMAZON is trading in an
Uptrend but the stock is
Going down in a correction
But will soon hit a horizontal
Support of 190$ from where
We will be expecting a
Local bullish rebound
Buy!
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Aamazon Short for weekly trade idea.Amzn stock is continuously trading in bullish trend and also not able to break the resistance at 200-204 . the diverse pattern is clearly visible between price and indicators data . for weekly trade we have short recommendation in amazon stock.
write in comment section for more information.
Amazon (AMZN) AnalysisE-commerce Leadership and Cloud Dominance:
Amazon NASDAQ:AMZN , a global e-commerce leader, also dominates the cloud computing market with Amazon Web Services (AWS). AWS, crucial for future AI growth, offers high margins and robust recurring revenue through its rental model after initial infrastructure investment. AWS contributed 62% of Amazon's $15.3 billion operating profit in Q1, despite only accounting for 18% of sales.
Strategic Investment and Future Growth:
CEO guidance suggests increased capital expenditures to expand data centers for rising AI demand, promising strong future free cash flow and improved margins.
Investment Outlook:
Bullish Outlook: We are bullish on AMZN above the $168.00-$170.00 range.
Upside Potential: With an upside target set at $220.00-$230.00, investors should consider Amazon's strategic investments and dominant market positions in both e-commerce and cloud computing as key drivers for potential stock appreciation.
📊🛒 Monitor Amazon for promising investment opportunities! #AMZN #CloudComputing 📈🔍
Amazon at $2 Trillion: What’s Driving the Stock to Record Highs?Tripled profits, a bet on AI, and a strategy to take on rising rivals from the East have propelled the ecommerce and cloud computing giant to the lofty price tag.
Innovation on Amazon’s Mind
Amazon (ticker: AMZN ) hit $2 trillion in market value just before the year clocked out for the first half. In the final week of June, the Jeff Bezos-founded online retailer soared past the formidable milestone, becoming the fifth company to ever breathe the rarefied air beyond $2 trillion.
What’s been driving Amazon stock to line up right after Alphabet (ticker: GOOGL ), Nvidia (ticker: NVDA ), Apple (ticker: AAPL ) and Microsoft (ticker: MSFT )? It’s a mix of fortunate and timely events, and all can be summed up with one word: innovation.
Amazon raked in sky-high profits of $15 billion for the most recent quarter. The figure was up three times from the same quarter last year. More importantly, the company, now under the stewardship of Andy Jassy as chief exec, is pivoting more resources to meet the growing demand for artificial intelligence.
Shifting Focus to Artificial Intelligence
Amazon Web Services (AWS) is the firm’s cloud computing business and also the world’s biggest one. It’s largely the cash cow at Amazon with profit margins as wide as 38%. Now, it’s getting a boost from businesses looking to inject AI into their products and services. The fast-growing AI-focused unit is growing at a “$100 billion annual revenue run rate,” according to Jassy.
For the quarter ended March 31, AWS sales rose 17% to $25 billion, beating forecasts for $24.5 billion and also coming ahead of the previous quarter’s 13% growth pace. It seems that the AI hype is sweeping across the Amazon halls and conference rooms.
Generative AI got praised by Amazon’s chief financial officer Brian Olsavsky as “a multibillion-dollar revenue run rate business for us.” Looking for a meaningful edge doesn’t stop with artificial intelligence.
Pitted Against Temu and Shein
Rising ecommerce competition from the East is forcing the $2 trillion giant to embrace a new line of business — ultra-low-cost goods shipped directly from China. A new discount section is in the works for Amazon.com after smaller rivals Temu and Shein have threatened to slurp up a significant market share.
The new section, according to reports, will be added to the homepage of the retailer’s app. It will be targeting American customers willing to wait nine to 11 days for goods shipped from China warehouses, as opposed to the regular one or two-day delivery time for goods delivered from within the US. Also, each item will get a price tag of no more than 20 bucks.
Temu, owned by PDD Holdings, and China-founded Shein have flooded the internet with cheap stuff and massive discounts thanks to splurging billions of dollars in advertising campaigns.
Amazon, a mainstay in the FAANG stocks list , is among the few companies to be of gargantuan size yet nimble enough to stay relevant in the changing landscape of its industry. Will the pivot to cheap goods succeed in stamping out the aggressive competition from China? Or will the corporate giant be outperformed by the brilliant maneuvering of low-caliber foreign retailers?
Share your thoughts in the comments!
AMAZON Bullish Breakout! Buy!
Hello,Traders!
AMAZON is trading in an
Uptrend and the stock
Broke the key horizontal
Level of 190.00$ and the
Breakout is confirmed so
We are bullish biased
And we will be expecting
A bullish continuation
Buy!
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Amazon (AMZN): Preparing for a CorrectionWe need to zoom out significantly to get a clearer picture of Amazon. The stock has been in a maximal zone between $177 and $214. For the past three months, it has been ranging between $177 and $188, at the top of Wave B.
Current Situation:
Elliott Wave Analysis: We believe a substantial drop is necessary to complete the overarching Wave (2). The parallel trend channel that was broken with the completion of Wave 5 should be revisited to finalize Wave (2). This would be a textbook Elliott Wave behavior - breakout of a trend channel to complete the wave 5 as a fakeout and a deeper correction to flush some participants out of the market and into slight panic mode.
Target Range: We are targeting a range between $131 and $103 as a likely zone for this correction to end.
Ranging Behavior: Amazon has been ranging for three months, indicating consolidation before a potential move.
Strategy:
Observation Mode: We are currently observing the stock for signs of weakness.
Limit Order: A limit order will be considered if the stock begins to show significant downside momentum. If and when we decide to place a limit order, we will issue a detailed market report.
Amazon's current range suggests consolidation, but we expect a deeper correction to complete Wave (2) rather than a breakout to the upside. We are monitoring for signs of weakness and will place a limit order if conditions are met. For now, there is no immediate need to place an order. Further updates will be provided as the situation evolves.
Bitcoin 2016-2024+ = Amazon 1997-2007+ ? Similarities OverlayedThe chart performance of Bitcoin from 2016 onwards is similar to Amazon's from 1997 onwards when overlaying the two charts. When looking at fundamentals both are innovative technologies that have network effects. Both are misunderstood at times and overbought at other times. The overlayed chart reminds about the risk of a short-term decrease in Bitcoin's price, but also reminds of the importance of keeping a long-term view if Bitcoin continues to perform similarly to how the stock price of Amazon did. This is not financial advice, your capital is at risk in all investments, don't invest unless you're prepared to lose all the money you invest. Bitcoin has a very high risk associated to it, do your own research, do not take any actions based on this idea.
Big Tech is nearly at All time High's. Just 3% away!It has doubled since the peak Recession fears of 2021
#BTC has also more than doubled
#SOL has 4 or 5 X'd
This chart is combined price chart of
#Googl
#Appl
#MSFT
#Amzn
#NVDA
#NFLX
#META
U can see the two head and shoulder tops in 2021
and also the inverse head and shoulders in 2022
The clean break and run.
And also the Bull Pennant which has already bullishly triggered 3 weeks ago.
From these levels if that Bull pennant target is to be met (log scale)
It seems this basket has another 30% move left in it.
Why Amazon's Stock Surge is Just the BeginningAmazon has delivered an impressive performance this year, with its stock appreciating over 20%. Many analysts believe this is just the beginning of a much larger upward trend.
Amazon's business model is undergoing a significant transformation, presenting a unique opportunity for investors. Here are three key insights that make a compelling case for buying Amazon stock now.
Resurgence in Amazon Web Services' Growth
Amazon Web Services (AWS), the company's cloud computing division, is experiencing a strong resurgence. AWS allows clients to rent computing space and run workloads over the cloud, a popular strategy that enables customers to scale computing power as needed. This is particularly relevant as many companies are developing AI models to enhance their operations.
Despite sluggish demand for AWS in 2023 compared to competitors like Google Cloud and Microsoft Azure, the outlook is improving. Amazon's significant investment in Anthropic, a generative AI startup, has equipped AWS with advanced AI tools. CEO Andy Jassy highlighted this in Amazon's Q1 conference call, stating, "We see considerable momentum on the AI front where we've accumulated a multibillion-dollar revenue run rate already."
This positive development is reflected in the financial results. In Q1, AWS saw a 17% year-over-year increase in net sales and an 84% rise in operating income. Another growth catalyst is the end of the optimization trend. Last year, companies focused on cost-cutting, including optimizing cloud computing spending. With this trend now complete, AWS is benefiting from new workloads, rather than declining revenue from reduced workloads.
AWS remains Amazon's most profitable segment, which is crucial for its success. However, other areas of the business are also starting to contribute significantly.
Amazon's Accelerating Cash Generation
While AWS has long been profitable, Amazon's commerce divisions haven't always shared that success. The company had to recover from significant investments in its supply network in 2021 and 2022, which affected its North American division. Additionally, Amazon's international operations have historically been unprofitable, but this is starting to change. In Q1, the international segment posted its first profitable quarter since 2021.
This turnaround has significantly bolstered Amazon's cash generation, which is now gaining momentum.
In the past 12 months, Amazon has generated $50.1 billion in free cash flow (FCF), a stark contrast to the $3.3 billion FCF outflow in Q1 of the previous year. The trends associated with this FCF are equally encouraging.
Historically, the first quarter is weak for Amazon due to high spending in Q4. This pattern results in a relative peak at the start of each new year, followed by a significant decline. This occurred again in 2024, but notably, this was the first year in recent memory that the drawdown did not result in a negative FCF. Additionally, the Q4 peak was the highest it has ever been.
This indicates that Amazon's cash flows are improving and sustainable, which is a positive sign for investors. As Amazon's cash flows increase, the company could initiate a dividend or start repurchasing stock, benefiting long-term investors.
Amazon is Still Below Its Average Valuation
Despite Amazon's significant cash flow growth and improvements across its business, the stock is still undervalued based on its price-to-sales (P/S) ratio. Traditional valuation metrics centered around earnings aren't as useful for Amazon yet, but the P/S ratio indicates that Amazon is valued at levels seen during the post-COVID demand drawdown and before that in 2018.
This suggests that the stock isn't overvalued and could be a reasonable purchase today.
Considering Amazon's growth prospects and increasing FCF, Amazon is an excellent buy right now. There are still many aspects of Amazon's business poised for transformation, and investors will benefit from buying and holding it for the long term.
Previous Idea
Amazon - Two trading setups!Hello Traders and Investors, today I will take a look at Amazon.
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Explanation of my video analysis:
In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite decisive inflection point. Either we will see a breakout or another rejection after which we could then see the overall continuation towards the upside.
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Keep your long term vision,
Philip (BasicTrading)
AMZN Under Pressure to Offer a DividendInventory adjustments are underway for $NASDAQ:AMZN. These adjustments are minor as Dark Pools are holding AMZN long-term, but there are other opportunities to boost ROI in younger companies.
AMZN needs to provide a dividend now that it is a Dow 30 stock. The mild rotation is a gentle reminder to the Board of Directors from their most critical and important investors, the Giant Buy Side Institutions. AMZN is the only fortune 500 company on the S&P500 that doesn't provide a dividend YET. The company's CEO is seasoned and aware that the Board must soon offer dividends, as it is no longer merely a "growth" company.
The pressure is increasing to force a dividend by the Giant investors. This should happen this year. There are no buybacks going on right now either. So the lowering of inventory is a warning to get this done. The Buy Side has the clout to influence the Board's decisions. This would benefit all investors big and small.
The support is at the lows of the red box on the chart, as indicated by the gap down white candle that quickly ended the previous selling by smaller funds.
WHEN, not if, AMZN announces a dividend, there is likely to be some brief momentum activity to the upside.
Amazon Layoff 172 Employees at The Facility Near SeattleAmazon ( NASDAQ:AMZN ) is closing a warehouse in Tukwila, Washington, just south of Seattle, following a layoff of 172 employees at the facility, known as UWA5. Amazon ( NASDAQ:AMZN ) spokesperson Sam Stephenson said employees will be offered opportunities to transfer to other nearby facilities or support if they choose not to stay with Amazon. The company is always evaluating its network to ensure it fits its business needs and improves the experience for employees, customers, partners, and drivers.
Amazon ( NASDAQ:AMZN ) employs 75,000 people in the Seattle region, many of them corporate and tech workers, as part of its workforce of 1.52 million people worldwide. Global headcount rose 4% year-over-year, as of March 31. Amazon's warehouse-related operations have driven the year-over-year growth in headcount. Last month, Amazon ( NASDAQ:AMZN ) announced new records for Prime delivery speeds in the first three months of this year, citing a shift to regional fulfilment centers. Amazon has plans to double the number of its smaller Same-Day Delivery facilities in the coming years. Last year, Amazon laid off 27,000 corporate workers, but warehouse jobs were not affected.
Amazon boosts investment in Singapore's cloud infrastructureAmazon Web Services (AWS) has announced a robust investment plan, committing 12bn SGD (approximately 8.88bn USD) over the next four years to bolster the cloud infrastructure in Singapore. This initiative marks a significant move by Amazon to solidify its presence in Southeast Asia, a region renowned for its rapidly expanding economies and tech-savvy population of 670 million. This investment underscores the strategic importance of Southeast Asia as a pivotal battleground for tech giants vying for market dominance.
The region's allure for tech corporations extends beyond its large population. It features dynamic economic growth and a business-friendly climate. Analysts anticipate fierce competition among providers of artificial intelligence services, with success likely to hinge on innovation, pricing strategies, and adherence to local regulations.
Analysing the investment implications, let's review the technical analysis for Amazon.com Inc. (NASDAQ: AMZN):
In the Daily (D1) timeframe, the stock has identified resistance at 189.95 USD and support at 176.55 USD. Following a recent correction, the stock has resumed its upward trajectory, indicating potential for reaching new historical highs. Should this trend reverse, the stock could retreat to a lower target of 165.00 USD.
For traders, a continuation of the uptrend with a breakthrough above the resistance level at 189.95 USD offers a potential buying opportunity, with a short-term price target of 200.00 USD. From a medium-term perspective, the price could ascend to 215.00 USD if the upward momentum is sustained.
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Amazon Set to Launch Dedicated Online Store in Ireland in 2025Amazon ( NASDAQ:AMZN ) has announced its intention to launch a dedicated online store in Ireland in 2025. This move, according to the company, will provide Irish customers with a wide selection of great value products with fast delivery, while also offering opportunities for small- and medium-sized Irish businesses to reach a bigger audience at home and abroad. Amazon.ie will offer more products from Irish businesses, low, local prices, and no additional customs charges.
The new store will provide an enhanced experience for both new and existing customers by delivering a localized shopping experience to those who already shop on Amazon stores in other countries. Furthermore, the company stated that more than 1,000 Irish businesses already sell on Amazon and generated over 150 million euros (about $162 million) in export sales in 2022.
Amazon ( NASDAQ:AMZN ) currently employs 6,500 people in Ireland, including data engineers, operations management, finance, and other roles. The company has also invested more than 17 billion euros (about $18 billion) in the country since 2020 and launched its first fulfillment center in 2022. Additionally, Amazon signed a five-year agreement with An Post in 2023 that will make deliveries and returns faster and easier.
In a related announcement, Amazon ( NASDAQ:AMZN ) stated that it is heading into its 25th year of offering Amazon Marketplace, its online experience that offers goods from independent sellers, many of which are small- to medium-sized businesses (SMBs). Launched in 2000, Amazon Marketplace has enabled independent sellers to employ more than 1.8 million people in the United States and has contributed to these sellers now accounting for more than 60% of sales in Amazon's stores.
Technical Outlook
Amazon Inc. ( NASDAQ:AMZN ) stock is up 1.09% trading on its 5th wave on the Bullish Divergence pattern. Since December 2023 Amazon ( NASDAQ:AMZN ) stock has started a Bullish divergence pattern going through 6 months now. Hence, traders ought to be cautious of a Bearish Reversal looming ahead.