Amazon- Bullish in my opinion

٨ ديسمبر

📊 Technical Analysis:
Amazon's stock continues to show impressive strength, breaking past the $200 and currently trading at $217.94. This surge aligns with the typical year-end "Santa Claus rally," where stocks often benefit from increased retail activity and market optimism. With consumer spending on the rise and seasonal trends providing a tailwind, Amazon could see continued upside as we move deeper into the holidays.

📰 Fundamentals:
🟢 Amazon sees a boost from rising e-commerce demand and growing Prime memberships.
🟢 Despite earlier challenges, AWS remains a key revenue driver in the cloud sector.
🟢 Operational streamlining and profit focus have increased investor confidence.

💡 My personal near-term target is around $240-$250, supported by seasonal trends and potential macroeconomic recovery.

*This is not financial advice.