AMAZON Local Short! Sell!
Hello,Traders!
AMAZON made a retest
Of the horizontal resistance
Around 219$ and the stock
Is already making a local
Bearish pullback so a further
Bearish correction
Is to be expected
Sell!
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Disclosure: I am part
Key facts today
Oppenheimer has raised its price target for Amazon (AMZN) shares from $215.00 to $250.00, reflecting an updated valuation based on recent market analysis.
Amazon is under investigation by the UK's GCA for possible payment delays to suppliers, potentially breaching the Groceries Supply Code. The probe will assess practices from March 2022 to June 2025.
Oppenheimer noted Amazon's profits are set to increase from better trade costs and improving margins, as its e-commerce sector outperforms retail sales and gains market share.
0.040 USD
52.62 B USD
566.64 B USD
About Amazon.com
Sector
Industry
CEO
Andrew R. Jassy
Website
Headquarters
Seattle
Founded
1994
ISIN
ARBCOM460176
Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment offers retail sale of consumer products, including from sellers, advertising, and subscriptions services through North America-focused online and physical stores. The International segment focuses on retail sale of consumer products, including from sellers, advertising, and subscription services through internationally-focused online stores. The AWS segment is composed of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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