Why Amazon's Next Earnings Could Trigger a Stock Breakout
Amazon(AMZN) MarketBeat·2025-01-10 15:51
Shares of tech giant Amazon.com Inc NASDAQ: AMZN have long been a favorite of investors, delivering over 50% of gains in 2024 alone and setting multiple all-time highs along the way. While the past month has seen the stock take a breather, trading sideways and consolidating, it's also forming a solid support base to support the next phase of the rally. As the trading range narrows, there are several reasons to think that a breakout might be on the horizon. For those of us looking to spice up our Q1 portfol ...