Technical analysis by CrowdWisdomTrading about Symbol AMZNX: Buy recommendation (9/1/2025)

Current Price: $229.0 Direction: LONG Targets: - T1 = $242.0 - T2 = $252.0 Stop Levels: - S1 = $222.0 - S2 = $217.0 **Wisdom of Professional Traders:** This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in AMZN. **Key Insights:** Amazon's stock is benefiting from renewed optimism in technology growth sectors, including cloud computing and e-commerce. Traders are observing increasing bullish momentum as institutional investors rotate back into high-growth stocks following macroeconomic uncertainty earlier this year. Technical indicators highlight AMZN's key breakout above strong resistance levels around $225, spurred by favorable earnings guidance and improved consumer spending trends. Moreover, Amazon's robust logistics network, and innovations in AI and machine learning integration, continue to solidify its competitive positioning against peers. Analysts also note that the cost efficiency measures implemented earlier this year are driving margin improvements, which raise profit expectations and sustain investor enthusiasm. **Recent Performance:** Amazon's share price has demonstrated solid recovery, climbing over 15% in the past 3 months. The stock recently rebounded from its mid-year lows and sustained momentum above the $225 resistance, a critical inflection zone. The strong bullish candle formed last week aligns with surging trading volumes, further validating the positive sentiment among market participants. **Expert Analysis:** Technical experts highlight key moving averages converging to support the stock's upward trajectory. AMZN's relative strength index (RSI) suggests a trend breakout but remains below overbought territory, providing room for further upside. Fibonacci retracements place the next critical resistance zone near $242, while the MACD shows strong bullish crossover signaling sustained momentum. Off the charts, analysts also emphasize Amazon's diversification strategies including its expanding advertising business as tailwinds for longer-term growth. **News Impact:** Recent news around Amazon's key partnership expansions, particularly in cloud infrastructure, aligns with its growth-focused outlook. A positive Q4 revenue forecast from management has attracted renewed institutional inflows. Additionally, easing inflation metrics and stabilizing global supply chains may indirectly benefit consumer-driven stocks like AMZN. Public sentiment among retail investors has grown optimistic following operational updates, further pushing up price potential. **Trading Recommendation:** With a clear technical breakout above resistance and improving fundamental metrics, AMZN presents a compelling long opportunity. Traders should target $242 in the near term with extended upside potential toward $252. Given the recent bullish sentiment and favorable developments in the technology sector, the stop-loss levels of $217-$222 are well-calculated to limit downside risks while leaving room for volatility. This setup aligns with broader market optimism, making AMZN a strong focal point for growth-oriented portfolios. Do you want to save hours every week? register for the free weekly update in your language!