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$AMZN QUICK SETUP
Current area: $258.51
Breakout entry: above $261
TP1: $268
TP2: $275
SL: $254
The chart trigger sits above the latest session high. The business case comes from two engines: Q2 net sales increased 20% to $200.6B, while AWS sales grew 37% to $42.2B.
One caution: reported net income included a large non-operating gain tied mainly to Amazon’s Anthropic investment. Core operating progress matters more than that one-off boost.
No breakout, no entry. Educational only.
#AMZN #Amazon #AWS