AMZN

STOCK

June 04, 2025

↑ BUY

Price Outcome

$212.54
Price at signal
$222.41
Price 4 weeks later
+4.64%
✓ Correct call

AI Analysis

Analysis

Based on the provided data, the short-term trend for AMZN appears to be bullish, although the overall picture remains somewhat mixed. The 1-minute data shows recent upward price movement, with the last few candles closing near the high of their range. The 5-minute data displays a consolidation period with a slight bullish bias in the last hour. This indicates potential buying pressure, especially with the volume increasing during the last 3 hours. The 5-minute data suggests that the price is consolidating and potentially preparing for a breakout. However, the initial part of the 24-hour data showed a sharp decline, which is to be considered. Considering the overall short-term strength and recent price action, a 'BUY' signal is appropriate.

Stop Loss
$Potential stop loss level: 207.00 (This is a close support level. A break below this would negate the short-term bullish view).
Take Profit
$Potential take profit level: 207.80 (Based on the resistance level. Further gains are possible if the breakout occurs)