Amazon Inc. (Nasdaq: amzn) under pressure after Q4 and FY 2024 Profit report,, Which was released on February 6, although it is presented double on the profits per share (EPS) and revenue.
While the results appeared at the beginning, investor morale was strained after the company released the weakest Q1 2025 directions than expected.
The company’s first -quarter revenue expectations fell from 151 billion dollars to $ 155.5 billion in estimating the consensus of Wall Street of $ 158.5 billion.
At the same time, Amazon Web Services (AWS) recorded 19 % growth in revenue during a quarter, compared to the growth rate of the previous year for the previous year. However, AWS continued to be delayed competitors, with AZURE increasing by 31 % and the expansion of Cloud Google by 30 %, raising concerns about Amazon’s competitive position in the cloud sector.
These disappointment sent these Amzn shares to a declining direction, as the losses extend to 216 dollars as of February 21, which represents a 2.5 % decrease in the last trading session.
Despite the withdrawal, analysts remain optimistic, as they see it as an opportunity to buy rather than a basic weakness. While the weakest guidelines initially rocked investors, it did not do much to shake the confidence of Wall Street in the long -term growth path of Amazon.
Technical analysis determines the great purchase of Amazon
In addition to optimism, analyst, famous technical analyst Tradingshot He has It was identified Amazon budget, with medium -term recovery about $ 252.50.
According to the analysis, Amazon PRICEACTION followed a well -specific upward channel over the past year, as every messenger was working as Launchpad to the next station.
The last decrease in Amzn Break has seen less than 50 days moving average for the first time since September 2024, with RSI for one day near 40, which reflects April 25, 2024, low.
During that period, the arrow found support near the level of Fibonacci 0.5, which eventually fed a large gathering. A similar setting is now revealed – a possible opportunity to purchase investors looking to enter before the next top of the station.
The analyst expects a recovery about 1.236 Fibonacci, which will be translated into a mid -range price goal of $ 252.50.
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