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Amazonlong

Flag and Pennant at $AMZNWe can see a sharp 15% rise in the of AMZN from the 8 to the 21 of march Then we can see a little consolidation with a support at around 1747$ AMZN today just broke the upper trendline and I am now looking to long it around 1815$ Stop Loss is just slightly below the support line of the pennant at around 1740$ Profit Take would be the height of the flag + the lower trendline (support) of the pennant. This would result in a profit take at around 1980$ resulting in a 2.2 risk/reward ratio.
NASDAQ:AMZNLong
by AlgoTrade3107
BLOX CALLS TOPS [AMAZON] Technical Analysis & Forecast Daily chart of AMZN . As we can see here the chart is still in bearish territory as we sit below (45) on the RSI with last weeks hidden bearish divergence seemingly playing out. We have our bearish continuation pattern of the October double top @ 2000 being respected and now confirmation of new resistance at the 1800 mark. We have clear rejection of the golden ratio (.618) on our Fib @ 1799 and per Elliott Wave Theory , we are on leg (C) of the corrective wave which shall fall until we rest nicely around 1000-1100 level --- to revisit our present 200MA. We have entered a short this morning @ the open of 1638 and have a tight stop loss @ 1700. Short term target at 1485. Enjoy your weekend everybody. As always, BLOX CALLS TOPS!
NASDAQ:AMZNShort
by BLOXTOPS
Amazon: Best time to buy for $3300.Amazon completed last month a decline of more than -30% unsettling investors. But is such a % loss in price that uncommon? A more careful look into AMZN's price action (log scale) since 2009 and after the markets stabilized from the 2008 crisis, shows that the stock had pull backs of around -30% on another 4 occasions. Each time the stock grew by a minimum of +134.50% in the monthly candles that followed until the new -30% decline occurred. The quickest of the growth periods that followed was conducted in 14 months. If we apply those parameters on today's price action we can assume that November's 1,420.00 was the bottom and by January 2020 (14 months) Amazon will complete a +134% rise near 3,330. Technically the 1M technical indicators are in favor of a sustainable uptrend from now on as an RSI of 67.035 and Highs/Lows of 85.6885 are characteristics of an uptrend channel while the neutral RSI = 52.949 and Highs/Lows = 0.0000 on top of a bullish MACD = 0.950 on 1W, characteristics of a support. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:AMZNLong
by InvestingScope
9
AMAZON I BUY THE FEAR (DIP OBVIOUSLY) Amazon has been in a bearish pullback for a month now, starting at the beginning of October and now showing signs of bullish continuation - We don't need to explain why it's a great idea to buy into this stock, Amazon are great innovators and are backed by an even greater economy (Don't listen to the constant bears, they have been saying a crash will come every year since 2009...idiots) - Technical to accompany, the RSI is showing divergence and the recent earnings report have brought in the buyers. Advised entry is at trend-line break and close, with stops at the 1472.68 level and take profit till your hearts desire.
NASDAQ:AMZNLong
by WinterFieldFX
AMZN - Have we reached the top?Labeled some key levels of significance and used a fib retracement chart to estimate landing zones. Prior mini-tops retraced to about the .5 fib level. The larger cycle correction could also obey this level but may drag lower to the .618 range, which is why I gave a range for where the price could land. ~1600 is a key level of significance, if it breaks we will be going much lower. The real question is, can amazon reach ATH? Watch the volume carefully when we have the bounce back up. Should be good indicator for remaining bull strength.
NASDAQ:AMZNShort
by unaveragejoe
Amazon Elliott Wave View: Further Upside ExpectedHello Traders, Amazon near-term ended the cycle from 07/31/18 low (1739.56) at the peak of 08/15/18 (1926.26) in black wave ((i)). The internal structure of black wave ((i)) unfolded as a 5 waves structure with an extended blue wave (iii). It ended blue wave (i) at 01/08/18 peak (1800), blue wave (ii) pullback at 02/08/18 at (1818.61) , blue wave (iii) at 08/13/18 peak (1925.72) and blue (iv) pullback at 08/13/18 (1893.80) and finally it ended blue wave (v) of black ((i)) at 08/15/18 peak (1926). Below from there, it ended black wave ((ii)) pullback at 08/17/18 low (1855.58). Up from there, it is currently in the progress of another 5 waves structure higher. It ended red wave i at 08/21/18 peak (1898.46), red wave ii pullback at 08/21/18 low (1870), red wave iii at 08/23/18 peak (1920) and red wave iv pullback at 08/23/18 low (1900). Up from that low, it can end soon red wave v of the blue wave (i) before a pullback in the sequences of 3-7 or 11 swings in blue wave (ii) can be seen. As long as the pullback stays above 1855.58 invalidation level we expect it to extend higher due to the right-side tag. The right side remains to the upside. We don’t like the selling.
NASDAQ:AMZNLong
by Elliottwave-Forecast
1
AMAZONWaiting for a retest of the highs made in June which would also bring about another bounce on the drawn trendline. If market is able to fall to these highs, my next set of buy orders will be triggered (green box). I will begin closing down on my positions in Amazon however as we enter 2019 and move into 2020, or rather as the SPX approaches the 3000 region which I see as a major barrier for the stock market. More analysis will be posted as we approach the 3000 region on the SPX.
NASDAQ:AMZNLong
by billionare_mo
Elliott Wave Analysis: Amazon May Start Another Extension HigherHello Traders, Let's have a look at the Amazon 1 hour chart. Short-term Elliott wave analysis suggests that pullback to $1646.48 low ended blue wave (2). Above from there, the stock is rallying higher in blue wave (3). The internals of that extension higher is unfolding as Elliott wave impulse structure with sub-division of 5 waves. Above from $1646.48 low, the rally to $1858.88 high ended red wave 1. The internals of that rally higher took place in another 5 waves impulse sequence in lesser degree cycles. The first leg of a rally to $1725 high ended black wave ((i)) as Leading diagonal structure. Then the pullback to $1682.15 low ended black wave ((ii)) pullback as a Zigzag correction. Up from there, the rally higher to $1841.95 ended black wave ((iii)) in 5 waves. black wave ((iv)) pullback ended at $1791 low, and black wave ((v)) of red wave 1 ended at $1858.88 high. Below from there, the stock did a 3 wave pullback in red wave 2, which is proposed to have completed the correction against $1646.48 cycle low. After reaching the blue box 100%-123.6% Fibonacci extension area at $1787.19-$1775.77. However, a break above $1858.88 high remains to be seen to validate this view & until then, a double correction lower in red wave 2 can’t be completely ruled out. Near-term, while dips remain above $1769.99 low and more importantly above $1646.48 low the stock is expected to resume the upside. We don’t like selling it and the right side remains to the upside.
NASDAQ:AMZNLong
by Elliottwave-Forecast
2
Elliott Wave Analysis: Amazon Showing Impulse RallyHello Traders, In this Elliott Wave Analysis, we will have a look at Amazon. Short-term it is suggesting that the cycle from 6/25/2018 low ($1646.31) is rallying higher in an impulse structure. This suggests that the internal sub-division of each leg higher is unfolding as 5 waves structure of lesser degree i.e black wave ((i)), ((iii)) & ((v)), whereas wave ((ii)) & ((iv)) has subdivision of 3 corrective waves. Up from $1646.31 low, a rally higher to $1725 high completed black wave ((i)) in 5 waves leading diagonal structure. Down from there, the 3 waves pullback to $1684.30 low ended black wave ((ii)) as zigzag structure. Above from there, the stock made another 5 waves advance which ended black wave ((iii)) at $1841.95 peak. Below from there, the pullback to $1791 low ended black wave ((iv)) in lesser degree 3 swings. Up from there black wave ((v)) remains in progress which is expected to unfold in another 5 waves structure. Target for black wave ((v)) comes at $1868.58-$1887.15 ( black wave ((v))=((i)) ) area for the completion of cycle from 6/25/2018 low in red wave 1 or wave A. Afterwards, the stock is expected to do a pullback in red wave 2 or wave B in 3, 7 or 11 swings before further upside is seen provided the pivot from $1646.27 low stays intact. We don’t like selling it.
NASDAQ:AMZNLong
by Elliottwave-Forecast