Jan. 27 at 3:45 AM
$AMZN Price is consolidating above the rising 200-day MA and holding VWAP, suggesting a constructive base after the prior impulse move.
Higher lows are forming while supply caps the
$242–
$245 area, making this a tight coil rather than a breakdown.
A clean reclaim and hold above ~
$243 opens a path toward ~
$260–
$295, while losing ~
$229 risks a deeper pullback toward the low-
$220S.
E-commerce demand is steady and AWS margins remain the core driver of earnings leverage. AI infrastructure spend and easing financial conditions keep AMZN positioned as a relative winner if risk stays bid.
