Amazon.com Inc

AMZN is in a Stage 2 advancing corrective reset within an uptrend, supported by rising EMAs and confirmed by bullish pivot and lockout rally patterns. Price is currently pulling back into the dynamic EMA support zone, offering a favorable entry opportunity. Medium-term bias remains bullish off structural repair, short-term timing favors buying on pullbacks, and the long-term uptrend is intact.

• ↑Q1 revenue $181.5B (+17% YoY); AWS segment $37.6B (+28% YoY).
• ↑AWS backlog $364B, excluding $100B Anthropic commitment.
• ↓Q1 free cash flow plunged to $1.2B from $25.9B YoY.