The charts show Amazon's stock can break through record highs: Cramer

Singapore News News

The charts show Amazon's stock can break through record highs: Cramer
Singapore Latest News,Singapore Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

After the stock's recent pullback, investors could be getting a rare buying opportunity in Amazon, Jim Cramer explains.

last week, the equity has shed nearly 4.5%, but it has a chance to catapult past its record high, says Boroden, who heads FibonnacciQueen.com

Boroden, a Cramer colleague at RealMoney.com, predicts the stock could be gearing up to rally to about $2,073, a more than 8% upside from Monday's close. In order for that to happen, the stock must hold above a group of support levels in the $1,880 and $1,890 ranges, Cramer explained.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer: 'Better-than-feared' Apple earnings may be enough to pop the stock and overall marketCramer: 'Better-than-feared' Apple earnings may be enough to pop the stock and overall market'People really feared this earnings period,' CNBC's Jim Cramer says. 'It turns out that that fear was not justified.'
Read more »

Cramer: Chipotle, which has nearly doubled this year, still has a 'big runway'Cramer: Chipotle, which has nearly doubled this year, still has a 'big runway'Chipotle, up 85% this year, was initiated as a buy with a $1000 price target.
Read more »

Brazil’s Deforestation Of Amazon Increased By 39% In Past YearBrazil’s Deforestation Of Amazon Increased By 39% In Past YearBrazil’s part of the Amazon has lost more than 1,330 square miles of forest cover since Jair Bolsonaro, a populist who cut environmental policies, took office, constituting a 39% increase over the same period last year. What do you think?
Read more »

Your employer has more confidential data on you than Amazon, Apple or FacebookYour employer has more confidential data on you than Amazon, Apple or FacebookSignsYouNeedaNewJob ... When you find out your employer has more confidential data on you than Amazon, Apple or Facebook?
Read more »

Amazon Cancels 'Forever' After One SeasonAmazon Cancels 'Forever' After One SeasonAccording to Vulture, Amazon has canceled Forever, a wonderfully surrealist show about imperfect soulmates reconnecting in death, after just one season. I really enjoyed Forever (and wrote about it here), specifically for its secular meditations on what happens when we die and the seemingly unending sensation of grief, plus hedonistic ghosts and other ghoulish supernaturalism. Fred Armisen (Oscar) and Maya Rudolph (June) were wonderful as the show’s central couple. I’ll miss those characters, but I’m totally cool with Forever kicking the bucket after eight glorious episodes.
Read more »



Render Time: 2025-04-07 10:11:34