Amazon’s stock surged more than 10% last week, approaching all-time highs. The RSI indicator is overbought at 70, signaling potential for further gains. Positive sentiment, steady accumulation, and upcoming earnings support the bullish outlook. Analysts are overwhelmingly bullish with price targets above $300, indicating continued momentum. Expect short-term volatility but overall positive trend.

Read more at Nasdaq: Why Amazon’s ‘Overbought’ Signal Isn’t a Red Flag