Amazon
AMAZON to crash to $80This analysis I do out of doubt.
The charts show an INverse Cup and Handle.
The moving averages are all down 200 > 21 > 7MA
Target 1 seems to be $80.70.
CONCERNS:
The $100 support level is extremely strong and price doesn't seem to price below.
I would go short but knowing this is a medium to low probability trade.
AMAZON - Make Or Break! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
AMZN is approaching a strong support and round number 100.0 in green.
For the bulls to take over, we need a new major high to form and then a break above it and above the falling trendline in orange.
Meanwhile, we would be bearish and we can still dive inside the green zone 85.0 - 100.0 before reversing.
Unless the bears manage to break below 85.0, in this case, the bears would remain in control and more bearish movement would be expected.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AMZN Potential for Bearish Continuation | 11 October 2022On H4, as the price moving within descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 117.35, which is in line with the overlap resistance to the take profit at 102.18, where the swing lows are. Alternatively, the price may rise to the stop loss at 125.05, which is in line with the 38.2% fibonacci retracement .
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Amazon´s downtrendAmazon was marked with a huge growth during the COVID period which makes us focus on the behaviour of the stock within the rectangle of that period. And we notice here that we have a support at 143 and within the rectangle we can notice the oscillation of the price. This also marks a curve format that leads us to the downtrend starting from April 2022.
So, following the trend line above we expect that the price will first rise following the curve in the rectangle then drops either to 124 or 101 which is the limit of the rectangle.
Wish 22 vs Amazon 2001If history is any guide...
It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them.
I have been wrong 100 times with this one! I just don't want to be 100 + 1!
This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses...
Please do your own research and listen to nobody!!!
AMZN Potential for Bearish Continuation| 3rd Oct 2022On H4, with the price moving below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 112.92, which is in line with the 100% fibonacci projection and 78.6% fibonacci retracement to the take profit at 103.96, where the swing lows and 141.4% fibonacci projection are. Alternatively, the price may rise to the stop loss at 118.11, where the previous swing highs are.
Amazon in potential head and shoulders.Amazon - 30D expiry - We look to Sell at 124.94 (stop at 130.11)
A bearish Head and Shoulders is forming.
Selling continued from the 50% pullback level of 123.92.
Bespoke resistance is located at 125.00.
Resistance could prove difficult to breakdown.
Daily signals are bearish.
128.99 has been pivotal.
Our profit targets will be 113.22 and 109.22
Resistance: 118.00 / 125.00 / 130.00
Support: 112.00 / 107.00 / 102.00
Daily picture
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AMZNAMZN formed a double top starting in July of 21 and confirming in November of 21 with a break in January of 2022. Since then we have confirmed on the weekly chart a down trend under key 30 and 40 period averages on the weekly. Typical of bear market rallies there was a 44% rally in price from the lows of June 2022 to August of 2022 when prices hit the moving average and prior support now resistance and rejected sharply to the downside wiping out pretty much all of these "gainz". Personally I would not want exposure to the market at all. I have been opting for the shortest possible maturity treasuries (i.e. cash) and keep rolling that till opportunities look better. I have had this positioning since November of 21. Only recently have I made any moves and the exposure I have been taking has been on the short side via put contacts taken during rallies, my opinion is prices will continue to decline.
AMZNHELLO GUYS THIS MY IDEA 💡ABOUT AMZN is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Amazon Fractal from 2000 applied to 2020-2025 Bitcoin.Structure of Amazon pre and post Dot Com boom looks similar to BTC
There was no Quantitative Easing back in 2000. No QE now
Amazon was the dot com leader. BTC is the crypto leader.
Price chart suggests latest bottom would be September 2023
Amazon (dot com era) overlaid on BTC 2020-2025 still suggests BTC price pump 2024/2025, with BTC halving in April/May 2024 at catalyst.
I assume by April/May 2024 the Russia/Ukraine war will resolve
inflation will be priced in (or baseline rates will be priced in),
recession will be price in
Russian gas price crisis will be priced in
energy crisis will be priced in
Bullish for 2024/2025
Amazon | Bull Volume & Hitting A Moving AverageAmazon had a nice bearish retest gap today, finishing with a bullish hammer into the 100 MA. Notice as well the massive bull volume (the most since July 29th). Potentially a good swing trade with an entry above, a stop below, and your target at the 200 Moving Average. Thoughts?
AMZN: Bearish setup!!!Amazon, Inc look very interesting to short in weekly timeframe.
So, I love to trade stocks in big timeframe as the big benefit it's the patience and trade in big timeframe we could to earn a lot money in medium to long term and being disciplined.
So, I'm analyzing that Amazon look bearish in weekly timeframe that we could to get benefit trade in bearish trend. Also if you trade in Daily, still bearish. I like to trade stock and crypto in over Day timeframe and also swing trading are the best strategy to do, for me.
So, I'm bearish in Amazon, as the same stock market and cryptocurrencies.
Good luck!!!
Remember,I have another account to trade stock and crypto market, but I have another account just to trade Forex. What we could to get good benefit for our investment.