Amazon.com, Inc. (AMZN) has confirmed a bullish trend reversal by breaking out of a double bottom pattern, reaching a five-week high of $262.80. This breakout suggests the recent bearish correction may have ended, supported by reclaiming key moving averages on daily and weekly charts. The next resistance levels to watch are $267.56 and the record high of $287.20, with potential upside targets near $320 if the bullish momentum continues. Maintaining support above $250.18 will be crucial for sustaining this upward trend.
Amazon.com shares are trading at USD 262.49 on Pluang, showing a 3.32% increase in the last day. The stock's market cap stands at $2.74 trillion, with a 52-week high of $284.02. This data is current as of Oct 10, 2026 03:41 WIB.
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