Amazon's Death Cross Ahead Of Q1 Earnings: Is It Time For A Reversal Or A Reality Check?

1. Amazon's 50-day SMA has crossed below its 200-day SMA, signaling caution. 2. Despite bearish indicators, Amazon's stock remains above some shorter SMAs. 3. Amazon plans a $15 billion investment in new logistics facilities. 4. Current technical signals suggest uncertainty ahead of earnings report on May 1. 5. Year-to-date performance shows a decline of 15.08%, impacting investor sentiment.