Can Amazon Stock Hit $4,000 Before Year-End 2021?

TheStreet2021-11-22

Amazon stock is finally looking like it's breaking out. Can it hit $4,000 by year-end? Amazon shares have been charging higher lately, up 4.3% last week. Many investors have been waiting months — no, ...

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精彩评论

Yappydappy
2021-11-22
Yappydappy
Let’s go!
SamChew
2021-11-22
SamChew
Nice
手可摘棉花
2021-11-22
手可摘棉花
Looking forward to great year end results with thanksgiving and Christmas
meowmeow88
2021-11-22
meowmeow88
anything can happen in the US market
- 手可摘棉花:
  Thats what makes it more interesting
JunT89
2021-11-22
JunT89
2022💪
GeorgeOr
2021-11-22
GeorgeOr
Nice
- MOON88:
  Hodl amazon
- ratata:
  Nice

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Can it hit $4,000 by year-end?\nAmazon shares have been charging higher lately, up 4.3% last week.\nMany investors have been waiting months — no, ...</p>\n\n<a href=\"https://www.thestreet.com/investing/trading-amazon-amzn-stock-breakout-new-all-time-highs\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.thestreet.com/investing/trading-amazon-amzn-stock-breakout-new-all-time-highs","article_id":"1152232143","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152232143","pubTimestamp":1637538393,"sourceInfo":null,"weMediaInfo":null,"summary":"Amazon stock is finally looking like it's breaking out. Can it hit $4,000 by year-end?\nAmazon shares","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"亚马逊的股票能在2021年年底前达到4000美元吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"Amazon stock is finally looking like it's breaking out. Can it hit $4,000 by year-end?\nAmazon shares have been charging higher lately, up 4.3% last week.\nMany investors have been waiting months — no, quarters — for Amazon to breakout.\nIt didn’t matter that it had strong earnings, good news and a surging Nasdaq and S&P 500.\nIronically, its last two quarterly reports weren't that great and the last one was a rare top- and bottom-line miss.\nHowever, shares bottomed in the first post-earnings session and Amazon stock hasn’t looked back.\nDespite the massive IPO from Rivian on Nov. 10, Amazon really struggled with a breakout over the $3,550 level.\nThat's as it has a stake in Rivian, by the way.\nUp over 6.5% so far this week though and bulls are looking for a potential year-end rally in Amazon.\nEarlier this week, analysts at Goldman Sachs named Amazon their top internet stock for 2022.\nNearing new all-time high territory now, let’s look at the charts.\nTrading Amazon Stock\nDaily chart of Amazon stock.\nEarlier this morning I looked at Apple, arguing that this stock and Amazon are both likely to be buy-the-dip candidates going forward.\nIt helps that Wedbush analysts laid down a pretty bullish outlook on the Nasdaq (even though they favored Apple as their top FAANG holding).\nAbove is a daily chart, highlighting how many times Amazon flirted with a breakout over the $3,550 area.\nEarlier in the week I tweeted that one day investors would look up and the “train will have left the station.” Is that happening now?\nBulls hope so, as they fix their attention on the $3,773 high from July. Not only is that the third-quarter high, but it’s also the all-time high.\nA breakout over this level could open the door to the 161.8% extension near $3,975, followed by a possible push over $4,000.\nWeekly chart of Amazon stock.\nAbove $4,000 could put an additional push to the $4,125 to $4,150 area in play if we measure an extension from the more recent third-quarter range. That’s shown on the weekly chart above.\nThere is a risk here, too.\nWhile Amazon stock looks pretty good right now — especially heading into Black Friday and Cyber Monday — there is a risk that we get some type of reversal or failure near the current $3,775 highs.\nAfter all, the stock looked pretty good in July too, before it ultimately rolled back over. Stay on guard for that type of rug pull, which could put the $3,550 to $3,600 area back in play.\nHowever, the weekly chart emphasizes how patience has been rewarded in this stock. Shares tend to go on long consolidation phases before eventually roaring higher.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":872439710,"gmtCreate":1637557254338,"gmtModify":1637557254489,"author":{"id":"3579410204959880","authorId":"3579410204959880","name":"Yappydappy","avatar":"https://static.tigerbbs.com/5b6252f503d56d09093797f9e318ebf9","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Let’s go!","listText":"Let’s go!","text":"Let’s go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872439710","repostId":1152232143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":872499695,"gmtCreate":1637555855936,"gmtModify":1637555856019,"author":{"id":"4095893396659370","authorId":"4095893396659370","name":"SamChew","avatar":"https://static.tigerbbs.com/1e1e7f29ae6e8ed5828a2f1accb475a0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872499695","repostId":1152232143,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":872592833,"gmtCreate":1637544792555,"gmtModify":1637544792912,"author":{"id":"3579342217954724","authorId":"3579342217954724","name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Looking forward to great year end results with thanksgiving and Christmas&nbsp;","listText":"Looking forward to great year end results with thanksgiving and Christmas&nbsp;","text":"Looking forward to great year end results with thanksgiving and Christmas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872592833","repostId":1152232143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":872243289,"gmtCreate":1637541689428,"gmtModify":1637549609883,"author":{"id":"4091674547333280","authorId":"4091674547333280","name":"meowmeow88","avatar":"https://static.tigerbbs.com/b9e0c95f88993b5f06fcd816677a1a2f","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"anything can happen in the US market","listText":"anything can happen in the US market","text":"anything can happen in the US market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872243289","repostId":1152232143,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6672987,"gmtCreate":1637544757978,"gmtModify":1637544758012,"authorId":3579342217954724,"author":{"id":3579342217954724,"authorId":3579342217954724,"name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":872243289,"type":1,"supId":0,"prevId":0,"content":"Thats what makes it more interesting ","text":"Thats what makes it more interesting ","html":"Thats what makes it more interesting 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amazon","text":"Hodl amazon","html":"Hodl amazon"},{"id":6671544,"gmtCreate":1637540337580,"gmtModify":1637540337670,"authorId":3584342407052612,"author":{"id":3584342407052612,"authorId":3584342407052612,"name":"ratata","avatar":"https://static.tigerbbs.com/3d4fbe844296156a107cc29f2ad530d8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":872267649,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":117,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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