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Amazonlong

#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.
NASDAQ:AMZNLong
by StefanBode
4
Amazon Breakout leaves little to doubt. Low-risk 18% profit!Today's impressive AMZN daily candle signals a breakout of a 4-month long triangle. Measuring the height of the triangle at its basis gives a target of $3886, that's 18% profit. Taking the stop loss a bit below the previous swing low at $3050 gives us a clean trade of 2:5 risk-reward ratio. The day hasn't closed yet but let's hope the green candle stays solid. The rising arrow I drew plateus horizontally at zones that I believe are resistance zones measured through Fibonacci extension from the previous swing.
NASDAQ:AMZNLong
by TechNerdOmar
3
AMZN getting ready for a move upAfter the huge move up during the first months of the pandemic AMZN has been taking a breather for sometime now and consolidating within the pennant, which is a continuation pattern. RSI and MACD (not on the chart) have been pretty flat throughout this time, without big moves up or down, corroborating the consolidation. The Accm/Dist has stayed up throughout the consolidation, which means interest in the stock is not weakening although it is trading on a range. I believe this is a very healthy consolidation that will propel AMZN back to ATH and above in the near future. I have a position in AMZN and am adding at these levels, specially when it moves to the lower half of the pennant. ***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!*** ***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
NASDAQ:AMZNLong
by Safe_Trades
Hit my entry level and opened a long positionI should have waited for the breakout however decided to enter on the new higher high to not to be late for the party, now it looks it bounced back from the upper side of the triangle maybe it is going to be ranging in there for a while, still waiting for the TK cross to happen to give us an other confirmation the kumo twist just occured which is positive for now, placed my stop loss bellow the TK lines and just below the triangle.
NASDAQ:AMZNLong
by SnowWhiteJaguar
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.
NASDAQ:AMZN
by scam2nft
AMZN Amazon Bearish Signals on Bullish Fundamentals In the Q4 institutional buys were 124B compared with 7.69Bil sells. On 10/30/2020 JPMorgan Chase & Co. Boosted Price the Target price from $4,050.00 to $4,100.00 The Pharmacy business will be a long term growth catalyst for Amazon. Their cloud service is growing too. The Holyday sales will most likely surpass the last year`s. The indicators are still bearish, i won`t buy yet, but wait for a breakout. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:AMZN
by TopgOptions
Amazon Prime DayPrime Day Prime day happens every year since 2015. This event allows AMZN prime members to access exclusive discounts for 2 days. This usually happens in July but due to COVID-19 it did not happen this year. Rumors are now circulating that Prime day will be announced soon, the general consensus is that it will be Oct 5-6 and no later than Oct 20. 15 days prior to Prime day for the past 5 years AMZN stock has went up and average of 7.6%. Currently reaching weekly demand zone, this should start to pick up steam as investors await for a date. Once announced AMZN should see a nice pop to the upside. A 7.6% increase at the current price would bring AMZN to about 3300 from where it stands now. Naked options on this would be risky but a vertical spread would be less risk/more reward.
NASDAQ:AMZNLong
by Conner123
4