AMZN - Weekly - Holiday Season EarningsAmazon.com, Inc.BATS:AMZNRoninAITraderFrom a technical perspective, Amazon remains structurally bullish, continuing a robust upward trend that began in January 2023; however, the recent price action suggests a period of consolidation as the stock seeks a definitive catalyst for its next major breakout. While consistent year-over-year revenue growth and the steady migration of consumers toward online shopping provide a high floor for earnings—likely leading to another quarterly beat—the underlying market indicators show volume growth holding steady and accumulation sitting flat. To ignite a significant rally and overcome this current lack of direction, Amazon will likely need to demonstrate that its massive AI infrastructure investments are translating into "inventive" new revenue streams or superior efficiency, rather than just sustaining its existing dominance in cloud and retail. Not financial advice, always do your due diligence Leave a like👍 and/or comment💬. We appreciate and value everyone's feedback! - RoninAITrader