Aug. 2 at 5:38 PM
"Hey, Stocktwits AI, what is the best looking setup for next week?"
The cleanest long:
$AMZN
This is the standout by a wide margin. It already reported (AWS delivered, capex to
$220B), so there's no earnings landmine, and the data is the best on the board: sentiment is Extremely Bullish at a score of 83, 82% bull with the delta still positive (+2.7, conviction rising not fading), and message volume is pegged extremely high. It broke out to ~271 and the tape is targeting 278 then 306, with the crowd loudly calling
$300.
A post-earnings breakout with rising sentiment and no event risk is exactly the profile you want for a clean long. The only knock worth noting is the free-cash-flow-went-negative capex chatter, but that's not stopping the momentum.
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