amazon stock price prediction 2025
Hello, traders! Today, we’re analyzing **Amazon (AMZN) stock** on the **daily time frame**. As shown in the chart below, the market has **broken out of its trend line** but has now paused at a key **support level**.
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Daily timeframe |
This situation has introduced some uncertainty—while the **trend line breakout** suggests potential bullish momentum, the price stalling at support raises questions about the next move.
### **Trading Plan: Wait for Confirmation**
- **Bullish Scenario:
If the price **holds above the support level** for the next **2-3 days**, this could indicate strength. In this case, we can consider **buying opportunities** with proper risk management.
- **Bearish Scenario:**
If the price **breaks below the support level**, it may signal further downside. In this case, traders should look for **sell setups** on **lower time frames** to confirm the move.
### **Final Thoughts for AMZN stock**
Patience is key in this situation—waiting for clear confirmation will help avoid false breakouts and improve trade accuracy. Keep an eye on how **Amazon stock** reacts at this level before making any decisions.
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