Amazon.com Inc

AMZN is in a Stage 2 advancing corrective reset within an uptrend, supported by the active Lockout Rally pattern. Short-term EMAs are rising and providing dynamic support, and the Lockout Rally override signals continued upside extension, justifying immediate participation. Medium-term structural bias remains bullish, and 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.