AMZN - Amazon.com, Inc. (NASDAQ)

[daytradeprofit]

In the past 52 weeks, Amazon.com share prices have been bracketed by a low of $299.33 and a high of $696.44
now from the technical side we can see the picture:
break down 537 $ will send Amazon share to 420+_$
while the breakup 623$ will send the prices higher
my guess from the charts that we are going to see 420+_ $ area
Now we need to focus on the 530-560 area, bounce there could give us better entering point to short amazon again, break above 587 will open the door to high levels

 

[Student of Gann]

Amazon Curve including Minor swings. 15th August on the 315° Time Angle which should indicate Low Monday .

 

[moXJO]

Given Amazon has all the books in the world and converted a lot to pdf. I'm surprised it hasn't utilised this more with its AI (maybe it has?

It is lagging behind at the moment but surely there is potential here.

 

[investor13]

Given Amazon has all the books in the world and converted a lot to pdf. I'm surprised it hasn't utilised this more with its AI (maybe it has?

It is lagging behind at the moment but surely there is potential here.

maybe they have been busy playing chinease whispers on the technology of AI with Albo before wanting to make announcements

The Albanese Government will invest at least $2 billion over the next decade to bolster Australia’s cyber capabilities with the announcement of a strategic partnership between the Australian Signals Directorate (ASD) and Amazon Web Services (AWS) in Australia to deliver a Top Secret (TS) Cloud for the Australian Government.

https://www.minister.defence.gov.au/media-releases/2024-07-04/australian-government-partners-amazon-web-services-bolster-national-defence-and-security