AMZN Long-term LONG/BULLISH - Amazing support for next rise!AMZN Long-term BULLISH/LONG - We had a bounce from the 0.618 and a beautiful support from the 0.5 of the Fibonacci Retracement, next targets are the 0.618 of the Fibonacci Extension ($3543.28) and the 1 ($33800.37) GOOD LUCK AND HAPPY TRADING!
Amazonbuy
Amazon Is replacing The Amazon *LongAmazon prints a fresh ATH and making HL , Trading within a Nice channel that has been respected since July 2020.....3 time we have rejected a breakout opportunity which was anticipated .
I see Amazon breaking ATH over the course of the coming months when earnings are announced 29 April ...approximately 77 days time .... Amazon has smashed the past 3 estimates obviously due to the Virus and Lockdowns etc and i anticipate that Amazon does it again in the coming few months ....for entry i have Highlighted the orange box which should act as a strong support and a nice entry .
#Amazon - Bullish - But I sell all positionsFrom a purely technical chart perspective, I continue to see Amazon bullish.
A breakout means rapidly rising prices.
I wanted to hold the shares longer but out of my inner conviction that was no longer possible. There are enough alternatives for investments.
Therefore, I sold all Amazon shares from the depots last week, because I consider freedom of opinion and diversity of opinion to be the highest good. In the course of time, censorship has always led to further radicalization and even to war/civil war. This is what history teaches us.
The measures that Twitter, Google, Facebook and Amazon have therefore taken in recent weeks to suppress opinions, I consider as dangerous as the silence of the alleged "democratic" forces in the world. That many media/gazettes celebrate this, shows actually only whose spiritual child dwells in their owners mind.
With their market-dominating position, these companies must be broken up as quickly as possible. Not only from a monopolistic and competition law point of view, but above all because they can and already do massively restrict freedom of opinion and diversity of opinion.
Best regards from Hanover, Lower Saxony
Stefan Bode
Please also still like the publication of the similar idea attached below.
Amazon , bullishHello friends,
I want to give my opinion on Amazon.
This analysis is done in the long term, it does not guarantee or know what may happen in the very short term.
It is in a clear upward trend, since July 2020, a pattern known as a symmetrical triangle began to form.
What does this pattern consist of?
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines.
In the graph itself, I indicate where the buying / selling zones would be.
Also as I think it will respect the pattern and break upwards, I also indicate where it would be an ideal point to take part of the profits.
AMZN RETRACE AFTER PRIMEDAYAMZN is retracing after Prime Day.
There is usually a sell off right after prime day.
I closed a position yesterday, a day earlier, at 10% profit and intend to buy the dip all the way down.
Watch the MACD to see how long the retracement will last.
Happy trading and hit like,
EV.
🚨 Amazon Is On HIGH ALERT!!! 🚨 (AMZN)🤔 The big daddy of e-commerce looks like it could be at a tipping point!
MASSIVE ascending wedge! We are now getting the compression at the tip of the iceberg.
This pattern can show signs of extreme exhaustion.
What you will want to do is play the breakout of the wedge, almost like how I showed on spx500 before the dump.
2515 is current support that MUST HOLD! Good opportunity to short if it breaks that level.
2683 is an opportunity for long if it broke the top of the pattern, would need to be parabolic movement to breach.
Best of luck to you! 🎲🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
AMZN continue its equilibriumHello everybody, the AMAZON stock price seems entering in an equilibrium range since 14 April, after passing a good uptrend since 16 March.
In the actual conditions, the AMZN stock price will continue in its equilibrium, but could at any time break it :
- above which mean another increasing trend
- or below the rectangle which means a decreasing trend.