$Amazon.com(AMZN)$ is showing

$Amazon.com(AMZN)$ is showing bullish resilience off the $200 level, supported by a long lower wick and improving macro sentiment. Cooling inflation and tariff de-escalation boost consumer confidence, while Amazon’s internal cost-cutting (via targeted layoffs) signals a focus on operational efficiency.

With ad-supported Prime Video gaining traction and $200 holding as strong support, the technical setup favors a retest of $206–210. A close above $210.79 could trigger a breakout toward new 2025 highs.

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YueShan
05-16
YueShan
Good ⭐⭐⭐

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