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Amazonanalysis

AMZN |Now is a good time for go long!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AMZN , I think we are going to see a strong upward movement. If you are going to go long now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NASDAQ:AMZNLong
by MaxProfHacker
Check the status of AmazonDescription : After a strong uptrend, we are in a side market and suffering where both cows and bears are trying, but which one will win ??? From the time of hitting the bottom of the flat channel, an uptrend line is observed. If this trend line is fully maintained and continued, we may see cows winning. For now, we should pay attention to the trend line to see how the situation will continue. It is observed that if it does not prevail, we will have to wait for further reductions.
NASDAQ:AMZN
by Therezavni
1
AMZN Big Short coming out! First $3,270? Down to $2700...Amazon has seen some good upside recently, and that doesn't mean that cannot continue for the longer term. However, for the short term, we could see the stall of the most recent pop from 2,900 and the 100-day moving average and a retrace back down under that level along with the rest of the equity market into this Presidential election. Amazon does have long term potential and medium-term potential from the potential closures due to COVID-19 again and also the holiday season coming up. People's number one option is jumping on Amazon and buying whatever they need. Not to mention the potential for a stock split on Amazon which could drive more money into the stock medium term. However, with the current economic condition, we can see some volatility and a head and shoulders pattern form to completion when Amazon fails under the 3220 area and pushes through the support zone at 2900 which is the neckline. That would bring AMZN down to the 2670 area. This idea is for educational purposes only and should not be taken as trading or investment advice.
NASDAQ:AMZNShort
by TRADEPROAcademy
AMZN LONG SET UP TO FILL GAP AT $3,500Long term swing TP points TITLE/(DATE)- BUY AMAZON scalpel trade ASSET- AMZN PLATFORM- MT4 ORDER TYPE- BUY limit Time Frame- 1D ENTRY PRICE 1- 3086.00 ENTRY PRICE 2-3068.00 STOP LOSS- 3056.00 (300 PIPS) TAKE PROFIT 1- 3116.00 (300 PIPS) TAKE PROFIT 2- 3186.00 (1000) PIPs) TAKE PROFIT 3- 3286.00 (2000 PIPs) TRAIL STOP LOSS FROM TP.2 to TP.3 when price reaches TP.4 TAKE PROFIT 4- 3,368 (2800 PIPs) Take PROFIT 5- 3,486 (4,000 PIPs) STATUS: ACTIVE TITLE/(DATE)- BUY AMAZON scalpel trade ASSET- AMZN PLATFORM- MT4 ORDER TYPE- BUY limit Time Frame- 1D ENTRY PRICE 1- 3086.00 ENTRY PRICE 2-3068.00 STOP LOSS- 3056.00 (300 PIPS) TAKE PROFIT 1- 3116.00 (300 PIPS) TAKE PROFIT 2- 3146.00 600) PIPs) TAKE PROFIT 3- 3176.00 (900 PIPs) STATUS: PENDING
NASDAQ:AMZNLong
by MavRich_Trading
3