Amazon
AMAZON (AMZN) TA SCENARIO IDEASo I did a technical analysis on NASDAQ:AMZN and here is my idea/point:
Bearish:
(not perfect) hammer candle followed by a bearish confirmation
Stock in a clear downtrend
Ema not showing any trend reversal sign or upwards correction ( no crossing movement)
AMZN broke a strong support level
Bullish:
RSI showing a very Strong Support, so Price may bounce off ( MAY ), we need confirmation in the following Week/Days, I'll update the idea
For me, the stock is showing a lack of bullish signs and is therefore bullish, BUT wee still need confirmation on the RSI support Bounce-off/breaktrough.
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AMAZON Breakout Confirmed! Sell!
Hello,Traders!
AMAZON broke the key support level
Which turned into a restiance
And the breakout is confirmed
So now I am bearish on the stock
And I think that there is high probability
That it will go further down
Sell!
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Amazon and my shopping basketDisney, T Mobile, Amazon, Charter Communications, Netflix.
What do all of these companies have in common?
1) They are all >$100B market cap.
2) They all have >10B Gross Profits.
3) They are all at 52 Week Lows.
4) They're all on my shopping list.
Amazon just had it's worst week since 2018 after underperforming the S+P in 2021, but this behemoth isn't going anywhere. I don't need to tell you about the value of it's core ecommerce business that we all use, or the AWS that runs a huge chunk of the internet, the 2nd largest hosting provider with their cloud hosting servicing 42% of the top 10k websites by traffic (Source: BuiltWith), or the success of Prime through logistical brilliance, a successful streaming platform and acquisition of Wholefoods to make the most convenient home shopping platform in the world.
I don't have to tell you about the 31 acquisitions Amazon has made since 2017, 15 of those since 2019.
I don't have to tell you that Amazon is an incredible company that still has a long runway of success and innovation ahead in a growing number of sectors (drones? Yes please!)
That's why Amazon is one of my top choices for investment in 2022.
The business circumstances for each company deserve separate posts in their own right, but to put it simply these companies are the cream of the crop in their industries and we currently have a fire sale.
When the market dips, it's the perfect time to go shopping, and each of these companies deserve serious consideration in your portfolio. Do your own research and make your decisions, but when it comes time to go bargain hunting why not start with the best in class?
A few more stocks I'm looking at meet that >$100B market cap, >$10B gross profits, industry leaders but that are at 6 Month Lows include:
Estee Lauder
Target
Oracle
Blackrock
Salesforce
Alphabet (GOOG)
We can see where the market takes us this week, but I can say with certainty I'll be a buyer on a number of these names this week.
$AMZN Can Fall to This Zone At 2800 #AMAZONAmazon has been in consolidation, has created equal highs (double top) and now with a little push it can fall down to FCP zone while coming out of the consolidation zone. This may not even stop there but a bounce up can come from there.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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TechaverseThe probability of a tech recovery is increasing. The sky isn't falling yet and inflation is going to be assumed to be peaking. Plus the end of the pandemic is in sight. Sentiment might start to shift soon. There are risks, as there always are, but they can be delayed much longer than expected and aren't much different than usual. Here are some names I am interested in at these levels
Adobe
Amazon
Shopify
Google
Metabook
KEY Levels Reached: Four Tech Stocks To Watch!
Hello,Traders!
We can see from the charts above that
AMAZON, NVIDIA, NETFLIX and FACEBOOK
All fell sharply and have reached strong key support levels
Or even the support clusters as in the case with NFLX and NVDA
So I will be watching these ones closely next week
Becasue IF these levels get broken, then these stocks
Will fall even further down and drag the main indecies with them
However, IF we see pullbacks and reversal patterns
We might be looking to enter into the long positions
From good levels with good discounts!
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Amazon Analysis 21.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
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Thank you for watching and I will see you tomorrow!
Amazon | Fundamental Analysis In 2020, online commerce businesses thrived due to the pandemic and corresponding government lockdown orders. That was the momentum with which Amazon, one of the biggest players in the industry, began 2021. Nevertheless, the tech giant lagged the market last year, and some aspects probably contributed to Amazon's poor performance in 2021.
Foremost, investors largely abandoned so-called "pandemic companies," and as a result, many of these companies had a terrible year. Second, Amazon's legendary founder Jeff Bezos stepped down as CEO in Q3, leaving his deputy Andy Jassy at the helm. Will these factors continue to affect Amazon's stock performance, or will the company be able to return to its market gains?
Amazon stock is currently trading at $3222. Let's see if the stock can rise about 23% this year and reach the $4,000 mark.
While the pandemic has led to increased adoption of e-commerce, from which Amazon has only profited, the outbreak has also brought some problems for the company's consumer business. According to the company's latest quarterly report, the tech giant now faces "labor shortages, increased payroll costs, global supply chain challenges, and increased freight and shipping costs."
The company has also doubled the size of its fulfillment network since the pandemic began to cope with capacity issues. Amazon has largely insulated its customers from these higher costs, which indicates it is taking them on. The company said it would incur "several billion additional costs" because of the problems it faces, which could hurt the bottom line, at least in the short term.
Amazon has always been focused on meeting the needs of its customers, and it is now demonstrating that commitment again. The money Amazon spends on existing problems will help keep the retail business efficient. Prompt delivery to customers is what's important in the long run. But don't forget the company's cloud computing division, Amazon Web Services (AWS).
AWS continues to contribute significantly to Amazon's overall business performance. In the third quarter, the company posted net sales of $110.8 billion, up 15 percent from a year ago. However, the company's operating income and net income declined. Amazon's operating profit fell 21.7% to $4.9 billion, and net income fell to $3.2 billion, down 50.2% from a year ago.
How did AWS perform? Net sales in this segment grew 38.9% to $16.1 billion, well above the growth rate of Amazon's entire business. In addition, AWS's operating profit rose 38.1% to $4.9 billion, while Amazon's international segment posted an operating loss. The North American division's operating profit was only $880 million.
According to Statista, Amazon had 32% of the cloud computing market in Q3; its closest peer was 21%. And while increased competition in this area is a potential hurdle to keep in mind, Amazon generates a lot of cash, and we can anticipate the business to continue to invest heavily in this business. Amazon ended the third quarter with $30.2 billion in cash and cash equivalents, which remained more or less unchanged from a year ago.
By some estimates, the cloud computing market will grow at a compound annual growth rate of 17.9 percent through 2028. That's good news for Amazon - and its shareholders. The tech giant is expected to continue to benefit from this favorable factor.
Despite near-term challenges, Amazon is still perfectly set for long-term growth. This is what matters most: After all, the market must be forward-looking. That is why, after being a laggard last year, the company should be expected to outperform the broader market in 2022. Analysts believe that Amazon will increase its revenue by 17.7% this year.
In addition, the consensus price forecast for the company is $4104.88, which is 26% higher than the current price. Amazon is likely to exceed that price target over the next 12 months. But even if it doesn't, investors should remain focused on the company's excellent long-term prospects.
MONDAY LIVE: SPX500, NASDAQ, EURGBP, USDCAD, USA STOCKHi Traders,
This is my view for this week on:
- SPX500
- NASDAQ
- EURGBP
- USDCAD
- AMAZON
- MICROSOFT
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pit from Trading Kitchen
✅AMAZON INC RISKY LONG🚀
✅AMAZON has formed a bear flag pattern
However, before we see a breakout
The pair is more likely than not
To rebound from the support confluence
Which it is retesting right now
So I think that this is a good long
If you use low risk. I would prefer to play it
With the call options to avoid a high risk of
Gap down on the stock!
LONG🚀
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Amazon looking to drop. AMZNIndeed. Another flat looking to be in formation or completion. It appears to be a part of a complex correction, but that's besides the point.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!