FPG AMZN Market Report March 28, 2025

AMZN is currently traded around 201.29, showing signs of stabilization after a recent decline. The price has rebounded from the key support level at 194.43 and is now testing the 201.29 zone. Bollinger Bands indicate increased volatility, while the MACD suggests weakening bullish momentum.

Amazon's stock price recently experienced a pullback from its highs around 235.03, forming a correction within the uptrend. The price tested the 194.43 support level and managed to recover, suggesting buyers are stepping in at lower levels.

Bollinger Bands show that AMZN recently touched the lower band, indicating oversold conditions, which led to a bounce. The middle band (red) is acting as a dynamic resistance. The MACD histogram is declining, reflecting weakening momentum, but it is still above the zero line, signaling that the overall bullish structure remains intact.

A break above 201.29 could push the price toward 220, while a rejection could lead to another retest of 194.43.

Market Observation & Strategy Advice:

1. Key Resistance Level: 238.35 – If AMZN gains bullish momentum, this level will be a key target.

2. Current Position: 201.29 – The price is at a key pivot level, with potential for both upside and downside moves.

3. Support Level: 194.43 – A breakdown below this zone may trigger further downside toward 180-185.

4. Momentum Indicator: MACD is showing declining bullish momentum, suggesting caution for long positions.

5. Trading Strategy:

• Bullish scenario: Buy if AMZN breaks above 201.29, targeting 220-225, with a stop-loss below 198.

• Bearish scenario: Short if AMZN faces rejection at 201.29, with a target of 194.43, and a stop-loss above 205.

Market Performance:

Stocks Last Price % Change

TSLA 273.13 +0.39%

NFLX 976.72 +0.63%

AAPL 223.85 +1.05%

Today's Key Economic Calendar:

DE: GFK Consumer Confidence

UK: Retail Sales MoM

FR: Inflation Rate YoY Prel

US: Core PCE Price Index MoM

Risk Disclaimer This report is for informational purposes only and does not constitute financial advice. Investments involve risks, and past performance does not guarantee future results. Consult your financial advisor for personalized investment strategies.