$Amazon.com(AMZN)$ $DIREXION DAILY AMZN BULL 2X SHARES(AMZU)$
💡🚀 Amazon’s AI Revolution & Barcode’s AMZN Call – Smarter, Faster, Profitable! 🚀💡
Kia ora Tiger traders!
I’m 🅱️ullish going into Monday’s trading! 📈📈With Project Amelia sending shockwaves through e-commerce, Amazon (AMZN) is primed to capitalise on this AI-driven growth. This is the play that could push Amazon’s stock even higher, and I’m all in! 📈🔥
🚀 Amazon’s Game-Changing AI:
Project Amelia
Amelia, Amazon’s brand-new generative AI assistant, built on Amazon Bedrock, is no ordinary bot. Sellers can now access deep insights for pricing, inventory management, and strategy optimisation at the click of a button. This is e-commerce on autopilot! 🧠 Sellers can ask Amelia, “How’s my business doing?” and get detailed answers from curated data. Imagine the edge this will give Amazon in the fiercely competitive e-commerce space! 💡💰
💼 Capital Inflow:
There is already a rising tide of investment flowing into Amazon, driven by confidence in Amelia and the broader generative AI strategy. Investors are seeing how these tools could supercharge Amazon’s growth and they’re buying in. 💵💥
🔍 Top Analysts Weigh In:
• Esther Ajao, News Writer: “Project Amelia leverages broad AI knowledge and will soon handle complex seller issues, making it an indispensable tool.”
• Rowan Curran, Forrester Research: “To succeed, it’s not enough to have a powerful model; it’s about delivering engaging insights. Amelia’s knowledge base gives Amazon an edge.”
• Liz Miller, Constellation Research: “Amazon’s biggest challenge? Convincing sellers to trust Amelia. Once they do, profits could skyrocket!”
🔥 Now, let’s talk about my AMZN Call Options (190.0 strike):
• First buy at 2.56, already up 0.42%! 📈💪
• Second fill at 3.06, now rocking 1.65%! 💸🚀
Current Price: $191.60
• Support: $190.00
• Resistance: $192.00
📊 Chart Analysis:
Based on data from TradingView, AMZN is consolidating at the top of its ascending channel, just below the $192.00 resistance. The RSI is showing strong bullish momentum, with a positive MACD crossover confirming the upward trend. 🚀🔥
📈 Yahoo Finance reports growing institutional investment, with heavy buying volume at these levels. The Bollinger Bands are tightening, suggesting a breakout move is imminent. Combine that with increasing volume and bullish technical signals, this is shaping up to be a powerful play!
📊 Key Trading Indicators Across Platforms:
• MACD: Positive crossover, signalling bullish momentum.
• RSI: Trending towards overbought, but no sign of reversal yet.
• Volume: Increasing, reflecting strong capital inflow.
• Bollinger Bands: Tightening, indicating an upcoming breakout.
• Moving Averages: AMZN is trading above both the 50-day and 200-day moving averages, confirming a strong bullish trend. 📈✅
💡 With Project Amelia and Amazon’s broader AI strategy reshaping e-commerce, I’m confident we’re looking at major upside potential. Amelia is already boosting efficiency and, once fully adopted, will be a game changer. 🧠💼
🚨 Capital flow data continues to show heavy inflows, indicating investor confidence in Amazon’s AI-driven future. Combine that with the bullish technical indicators and AMZN looks primed for gains!
Hey Tiger Traders, will Project Amelia help Amazon cement its e-commerce dominance, or do we still need to see more adoption before the big breakout?
@TigerGPT What impact do you see AI tools like Amelia having on Amazon’s market cap over the next year?
Happy trading ahead. Cheers, BC 🍀
@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion @TigerPM
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Analysis of Amazon.com (AMZN):
Business and Industry: Amazon.com is a multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. With its vast product selection and efficient delivery services, Amazon has established itself as a dominant player in the e-commerce industry. The company continues to innovate and expand into new areas, such as AI-driven solutions like Project Amelia, which is expected to further enhance its competitive advantage.
Earnings and Forecast: According to the latest earnings report, Amazon's EPS for the second quarter of 2024 was $1.29, with a net profit margin of 9.11%. The company's financial indicators, such as gross profit margin, return on investment, and current ratio, indicate a healthy financial performance. Looking ahead, analysts forecast an EPS of $4.73 for the full year 2024 and expect continued revenue growth in the coming years.
Trend Analysis:
Support Price: As of September 19, 2024, the support price for Amazon.com was $162.61.
Resistance Price: The resistance price was $194.21 as of September 19, 2024.
Average Cost: The average cost of Amazon.com stock was $176.86 as of September 19, 2024.
Profiteer Ratio: The profiteer ratio, which indicates the potential profit from holding the stock, was 0.8754 as of September 19, 2024.
Stock Price: The current stock price of Amazon.com is $191.6 as of September 21, 2024.
Capital Flow Analysis: Over the past five days, there has been a net capital outflow from Amazon.com. However, on a single-day basis, there was a net inflow of $31.89 billion on September 21, 2024. These capital flow figures suggest mixed sentiment among investors.
Analyst Viewpoints: In terms of the target price, 58 analysts forecast an average target price of $218.60379 for Amazon.com. The low and high target estimates are $180.0 and $265.0, respectively. Additionally, 17 analysts recommend buying the stock, while 46 recommend it as a strong buy.
Please note that the above analysis provides an overview of Amazon.com and its current market conditions. It is important to consider the inherent risks in the stock market and to conduct further research before making investment decisions.
Analysis of DIREXION DAILY AMZN BULL 2X SHARES (AMZU):
Trend Analysis:
Support Price: As of September 19, 2024, the support price for DIREXION DAILY AMZN BULL 2X SHARES was $24.82.
Resistance Price: The resistance price was $34.82 as of September 19, 2024.
Average Cost: The average cost of AMZU stock was $31.12 as of September 19, 2024.
Profiteer Ratio: The profiteer ratio, which indicates the potential profit from holding the stock, was 0.7065 as of September 19, 2024.
Stock Price: The current stock price of AMZU is not provided.
Capital Flow Analysis: Over the past five days, there has been a mixed net capital flow in and out of DIREXION DAILY AMZN BULL 2X SHARES. On a single-day basis, the inflow and outflow figures indicate both positive and negative sentiment among investors.
Please note that the analysis for DIREXION DAILY AMZN BULL 2X SHARES (AMZU) is based on available trend and capital flow data. It is important to conduct thorough research and consider the risks associated with leveraged or inverse ETFs before making investment decisions.
*Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. It is essential to do your own research and consult with a qualified financial advisor before making any investment decisions. The stock market involves inherent risks, and stock prices can fluctuate.
$Amazon.com(AMZN)$ Love this stock! Looking 💪🎉🔥🔥🔥 Congrats on your profits BC! Teach me your ways! ❤️
This looks like a good set up for Monday BC, thanks. Will look at buying.
I might have to look at this for a buy! Thx BC 🐈
Great write up BC 💚
Great article, would you like to share it?
Great article, would you like to share it?