Nancy Pelosi bought Amazon Calls! 📈 Bullish Opportunity: Amazon (AMZN)
1️⃣ Bullish Flag Pattern with Premarket Breakout:
Amazon has formed a classic bullish flag pattern, which is a reliable continuation signal in an uptrend. The price has already broken out of the flag channel in the premarket session, signaling strong bullish momentum and potential for significant upside.
2️⃣ Amazon’s Cloud Leadership is Poised to Strengthen:
AWS (Amazon Web Services) continues to lead the cloud infrastructure market, controlling 33% of the market—more than Azure and Google Cloud combined, according to Canalys.
CEO Andy Jassy noted four consecutive quarters of reaccelerating AWS growth, with an annualized revenue run rate of $110 billion.
3️⃣ AI Advancements Reasserting Dominance:
While Microsoft is seen as the leader in the AI revolution, Amazon is catching up fast. Over the past 18 months, AWS released nearly twice as many machine learning and generative AI features as competitors combined.
These advancements are expected to make Amazon a leader in AI throughout 2025, further enhancing its cloud and technology business.
4️⃣ E-commerce Profitability Soaring:
CEO Andy Jassy’s focus on cost-cutting and logistics efficiency is delivering results:
Operating income in Amazon’s North American e-commerce segment grew by 87% in the first nine months of 2024.
Automation advancements, like robotics in fulfillment centers, have reduced processing times and improved cost efficiency by 25% during peak times.
These measures are driving higher profitability in its flagship e-commerce business, helping Amazon increase margins and drive long-term growth.
5️⃣ Undervalued and Strong Growth Potential:
Simply Wall Street estimates Amazon is trading at 40.5% below fair value, offering an attractive entry point for investors.
6️⃣ Smart Money Confidence:
Nancy Pelosi recently purchased Amazon calls 3 days ago!
7️⃣ Analyst Ratings:
Consensus: Strong Buy from top analysts.
Average Price Target: $245 (near-term expectations).
High Price Target: $280 (bullish scenario).
🎯 Strategy:
Enter now : $225.94 - $228.50
First Target : $240 (First resistance after breakout).
Second Target : $260 (Measured move from the flagpole).
Third Target : $280 (High-end analyst expectations).
Stop Loss: Based on the risk management.