Amazon.com, Inc. (AMZN) is a global leader in e-commerce and cloud computing, best known for its massive online marketplace and its AWS cloud platform. The company also operates in digital streaming, logistics, and AI-powered technology solutions. Amazon’s growth is fueled by the continued shift to online shopping, the rapid expansion of AWS, and investments in logistics, automation, and emerging technologies that keep it at the forefront of global innovation.
On the chart, a confirmation bar with rising volume shows bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. Traders can set a trailing stop just below this Fibonacci line using the Fibonacci snap tool, helping protect gains while leaving room for more upside potential.
On the chart, a confirmation bar with rising volume shows bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. Traders can set a trailing stop just below this Fibonacci line using the Fibonacci snap tool, helping protect gains while leaving room for more upside potential.
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