As of now we can see Amzn moving between 277.9 and 226.2. That's the overall range. I would expect price to potentially tap back into 226 but we currently have price moving in between 259.8 and 224.8. Amzn is also in talks to buy an AI startup decart for around 7 billion. This could potentially push price back up to 277.9 and not back down to 226.2 so I will personally be looking for some type of long play here if price holds above 259.8. The AI could be a huge boost for the company with the Oasis model that can generate simulated environments to train and test robotics and driving systems. We all know about Amazon and their robot warehouses lol this could definitely cause a long play on the stock. We'll see.
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