Overview
Name: Amazon.com, Inc
Ticker Symbol: AMZN
Exchange: NASDAQ
Founded: 1994
Headquarters: Seattle, Washington, USA
CEO: Andy Jassy (as of 2025)
Sector: Consumer Discretionary / E-commerce & Cloud Computing
About
Amazon is a global e-commerce and cloud services powerhouse. It dominates online retail while also operating AWS (Amazon Web Services), one of the world’s leading cloud computing platforms. Other segments include advertising, logistics, streaming, AI hardware (Alexa), and physical retail.
Fundamentals
Earnings: Amazon has consistently beaten revenue expectations with strong growth in AWS and advertising segments.Revenue: Q1 2025 revenue topped $154.8B, up 13% YoY, with solid margins.Outlook: Management has raised guidance for Q2 citing AI integration in AWS and retail efficiency gains.
Technicals
📌 Support Zones: $202, $199
📈 Resistance / Target Zones: $217 (short-term), $235 (TP), $242 (extension)
💡 My Take
AMZN is showing bullish continuation out of a textbook inverted head and shoulders — typically a strong reversal setup after a downtrend. We’ve seen the neckline break with follow-through, and volume patterns support the move.
While the RSI shows slight overbought conditions, this could lead to a short consolidation before another leg up toward $235–$242. With macro tailwinds from cloud and advertising sectors, AMZN is positioned well for a strong Q3 rally.
Position
Type: AMZN 235 Call
Expiry: July 11, 2025
Quantity: 7
Average Cost Basis: $1.00
Last Price: $0.69
Purchase Date: June 12, 2025
Total % Gain/Loss: –30%
Despite current drawdown, I remain optimistic about AMZN's momentum. The technical setup is strong, and short-term weakness is likely just healthy consolidation. I'm holding through July with my eyes on the $235 target.
Name: Amazon.com, Inc
Ticker Symbol: AMZN
Exchange: NASDAQ
Founded: 1994
Headquarters: Seattle, Washington, USA
CEO: Andy Jassy (as of 2025)
Sector: Consumer Discretionary / E-commerce & Cloud Computing
About
Amazon is a global e-commerce and cloud services powerhouse. It dominates online retail while also operating AWS (Amazon Web Services), one of the world’s leading cloud computing platforms. Other segments include advertising, logistics, streaming, AI hardware (Alexa), and physical retail.
Fundamentals
Earnings: Amazon has consistently beaten revenue expectations with strong growth in AWS and advertising segments.Revenue: Q1 2025 revenue topped $154.8B, up 13% YoY, with solid margins.Outlook: Management has raised guidance for Q2 citing AI integration in AWS and retail efficiency gains.
Technicals
- Inverted Head and Shoulders Pattern confirmed on the daily chart — a strong bullish reversal signal.
- Price has broken above the neckline (~$213–$215) with volume confirmation.
- Golden Cross forming on short-term MAs — bullish signal.
- RSI is around 64, suggesting momentum remains but is nearing overbought.
- MACD is bullish with widening divergence — supports potential continuation.
📌 Support Zones: $202, $199
📈 Resistance / Target Zones: $217 (short-term), $235 (TP), $242 (extension)
💡 My Take
AMZN is showing bullish continuation out of a textbook inverted head and shoulders — typically a strong reversal setup after a downtrend. We’ve seen the neckline break with follow-through, and volume patterns support the move.
While the RSI shows slight overbought conditions, this could lead to a short consolidation before another leg up toward $235–$242. With macro tailwinds from cloud and advertising sectors, AMZN is positioned well for a strong Q3 rally.
Position
Type: AMZN 235 Call
Expiry: July 11, 2025
Quantity: 7
Average Cost Basis: $1.00
Last Price: $0.69
Purchase Date: June 12, 2025
Total % Gain/Loss: –30%
Despite current drawdown, I remain optimistic about AMZN's momentum. The technical setup is strong, and short-term weakness is likely just healthy consolidation. I'm holding through July with my eyes on the $235 target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.