Amazon Web Services (AWS) is booming, AI spending is soaring, and the chart still needs to prove itself.
👑 AMZN is growing, but is the stock ready?
AWS growth is impressive, but Amazon's massive AI spending, negative free cash flow, and Morningstar's 3-star rating give us plenty to think about.
I'm watching whether AMZN can reclaim and hold its 20-day SMA, which stood at $253.82 on Tuesday.
What about you? Are you buying AMZN at these levels, waiting for a better entry, or staying on the sidelines? 👇📈
👑 AMZN is growing, but is the stock ready?
AWS growth is impressive, but Amazon's massive AI spending, negative free cash flow, and Morningstar's 3-star rating give us plenty to think about.
I'm watching whether AMZN can reclaim and hold its 20-day SMA, which stood at $253.82 on Tuesday.
What about you? Are you buying AMZN at these levels, waiting for a better entry, or staying on the sidelines? 👇📈