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Magic Software's 15min chart triggers bullish signals, including KDJ Golden Cross, Bullish Marubozu.
ByAinvest
Thursday, Sep 4, 2025 3:06 pm ET1min read
The 15-minute chart for Magic Software has recently triggered a Golden Cross in the KDJ indicator, accompanied by a Bullish Marubozu candlestick pattern at 09/04/2025 15:00. This suggests a shift in the momentum of the stock price towards the upside, indicating potential for further growth. The dominance of buyers in the market is a bullish sign, and it is likely that the momentum will continue in a positive direction.
Amazon (AMZN) stock experienced a notable upward movement on September 4, 2025, following the announcement of JetBlue as the first commercial airline partner for its Project Kuiper satellite internet service. The stock gained over 3% in early trading, driven by positive analyst sentiment and projections for AI growth through its partnership with Anthropic.Barclays reiterated its Overweight rating on Amazon stock, maintaining a $275 price target. The investment firm highlighted the potential of Anthropic to contribute significantly to AWS growth. Barclays estimates that Anthropic could add 400 basis points per quarter to AWS growth once Claude 5 and inference revenues are fully operational. Currently, Anthropic adds about 100 basis points to AWS growth in Q2 2025.
Amazon's partnership with JetBlue is a significant milestone for Project Kuiper. The service aims to provide faster and more reliable connectivity at 35,000 feet, enhancing passenger experience. This builds on JetBlue's existing free high-speed Wi-Fi service and aligns with growing passenger demand for streaming and cloud platforms during flights.
While the partnership with JetBlue is a positive development, there are challenges to consider. Reports suggest that Cursor has switched to OpenAI’s GPT-5 API, indicating potential strain in the AWS-Anthropic partnership. Additionally, difficulties accessing Anthropic models through AWS Bedrock could impact the relationship.
Despite these challenges, Wall Street maintains a Strong Buy consensus on Amazon stock. The average AMZN price target stands at $264.13, suggesting a possible 13.11% upside from current levels.
In a separate development, Magic Software experienced a Golden Cross in the KDJ indicator, accompanied by a Bullish Marubozu candlestick pattern on September 4, 2025, at 15:00. This suggests a shift in momentum towards the upside, indicating potential for further growth.
References:
[1] https://parameter.io/amazon-amzn-stock-jetblue-partnership-sends-shares-soaring-over-3/
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