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Amazon

Bullish perspective on AMZN | My current setup. Today we will speak about AMZN, the bullish view, and my current setup. If I have to define my trading style, I will describe it as a swing breakout trader. A basic explanation on the way I trade would be described like this "Impulses tend to come from consolidations, so if I'm able to identify formed consolidations on an advance stage, I can start thinking in setups around the breakout on those early signs that a new impulse may be starting. Like any trading strategy, sometimes I'm right, others I'm wrong (i would describe this as 50% of the time), and the standard deviation on the wrong side can be around seven consecutive stop losses. And the last detail you need to understand in this style is the average risk to reward ratio (2) With all that said, let's take a look at AMZN: The price has been moving sideways for 469 days, On a compressive triangle pattern. We have observed 2 breakouts attempts without observing the real impulse yet. Based on previous situations where we can see the price moving similarly, the sequence I have observed is breakout followed by a correction followed by the new impulse coming. Currently, we are observing clear similarities with the previous correction in terms of formation size and time. That's why based on statistics; I'm beating on the repetition of this situation; in the next picture, you can see my current setup that was executed on the breakout of the retest (big structure) I'm currently risking 3% of my trading capital on the stop-loss. The idea is clear IF the price goes below 3160, I'm out of the trade; if that doesn't happen, I will keep holding my setup until I see the price on 4822 / Final risk to reward ratio: 3 Thanks for reading! Feel free to share your review in the comments.
NASDAQ:AMZNLong
by ThinkingAntsOk
1
Amazon Analysis 13.12.2021Hello 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! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NASDAQ:AMZN
by basictradingtv
6
Bitcoin is Amazon before 2008.Bitcoin is Amazon before 2008. The only function of economic forecasting is to make astrology look respectable. A preacher went into his church and he was praying to God. While he was praying, he asked God, “How long is 10 million years to you?” He replied, “1 second.” The next day the preacher asked God, “God, how much is 10 million dollars to you?” And God replied, “A penny.” Then finally the next day the preacher asked God, “God, can I have one of your pennies?” And God replied, “Just wait a sec.”
BNC:BLX
by polmej
1
Daily Market Update - Stocks - FAANG - Twitter Look Out Below!In this video: * Overall, I remain neutral to slightly Bullish Crypto, however... * There are definitely more and more caution flags appearing! * Today we look at the influence that the Stock Market might be playing on crypto * We start with the FAANG stocks: Facebook, Apple, Amazon, Netflix, and Google * We look at Twitter * We look at the S&P, Nasdaq, and Dow Jones Industrial Average * And we finish by looking at our market leaders in the crypto space * Be careful out there traders! The market is on edge.
COINBASE:SOLUSD
by stewdamus
$AMZN Possible 36% Gain?Will $AMZN repeat its last pump? Lets take a look.... What we know from the last pump... Clear Bullish RSI Divergence Clear longer term upwards squeezing 19 Month Consolidation How are we currently looking? Right now we have great upward squeeze happening. $AMZN has been consolidating for the past 17 months. Along with this a very common Bullish pattern has formed known as a Double Bottom. We also have strong Bullish RSI Divergence along with volume thinning out on the MACD. Having volume thin out like this over an extended period of time means a big move is coming.... A great buy signal would be once prices break ATH's and either wait for a retest of the previous trends resistance creating new support or seeing very high buying volume. I have marked out my personal TP's using the Fib Retracement tool. Trade at your own risk as this is not financial advice but educational advice. Trade safe, Trade smart, Trade patiently Feel free to let me know what you think in the comments !
NASDAQ:AMZNLong
by JamminToast
1
Fundamental and technical analysis of ''American nightmare''...Fundamental analysis 1. Valuation: The company is expensive based on almost all valuation metrics such as PE or PS, however the guru focus model estimates that the company is ‘’fairly valued’’, while the 2 stage free cash flow model estimates that the fair value of AMZN share price should be around $5,500. 2. Growth: $AMZN remains a solid growth story. Analytics at wall street forecast both earnings and revenue to grow at a double digit pace in the upcoming years. 3. Profitability: The profitability metrics of the company are good. In addition $AMZN is extremely cash rich and the CAPEX/Sales ratio (12.43%) is well above sector median (2.42%). 4.Financial position: Excellent. Debt and interest payments are well covered. 5. ESG rating: BBB or average. There is definitely some room for improvement in this space. 6. Dividend & Buyback: $AMZN is not paying dividends to its’ shareholders and doesn’t repurchases its’ common stock at the moment. Technical analysis: The stock remains in the uptrend and finally the share price broke above 2900-3500 consolidation zone. Bulls will be very supportive at around 3350-3500 price in my opinion.
NASDAQ:AMZNLong
by GIgor_021