Amazon Stock: Trade Deals Dismiss Weak Q2 Outlook, Fuel Rebound Above $200

Technical and fundamental signals are in line for a long-term uptrend continuation as AMZN shares rebound significantly from their April...

Amazon employees are not too happy

Quick overview

  • AMZN shares have sharply recovered from April lows, rebounding nearly 20% after a steep correction of over 35% from February to early April.
  • The stock's recent bullish breakout above key moving averages indicates a potential long-term uptrend continuation.
  • Despite strong Q1 earnings, cautious guidance for Q2 has tempered investor enthusiasm, impacting stock performance.
  • Renewed optimism surrounding U.S.–China trade negotiations has improved market sentiment, contributing to AMZN's price recovery.

Technical and fundamental signals are in line for a long-term uptrend continuation as AMZN shares rebound significantly from their April lows.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

HFM

Doo Prime

XM

Best Forex Brokers