Amazonshort
AMZN - We need to talk about Amazon!Let's talk about one of the most beloved and famous companies in the world (?), with a great future perspective and any possible major problems ahead (??).
(?) When you look at the Amazon from the USA markets, the popularity of the company, on which regards to consumer satisfaction there is a significant decline in the last two years, that puts the score at the lowest quote of the last two decades. Nothing that at first glance looks like so harmful since the projections of the growth of market share in the USA seems steady despite this decline. But the point is what this means from the business perspective. Satisfaction of the customers are the bedrock of the Amazon since if the customers don't have a great user experience, they change for a better one, and it is simple as that. Even a loyal consumer follows this pattern he tends to try more than a casual one, but when comes to online shoppers the effort to try new experiences is almost none, and there is plenty of them popping in the customers face all the time. So yes, the projections show that the market share looks ready to grow (in the USA at least), but in our opinion, if the Amazon stay on this downtrend of customer satisfaction, this could change drastically overnight.
(??) We look at the external perspective of the company problem, but if we take a closer look, its where things get ugly.
- Workplace conditions: The magical recipe for the Amazon fast delivery and efficiency has a secret ingredient that it's quite unpopular these days "Crush your employees near to a mental and physical breakdown." That's it the common sense from the majority of the employees that spoke out (of course there is some of them that could say differently, depends if the review was paid or not for the company). That's nothing new of course if you search about this topic, the headlines will appear since 2015 until nowadays. But the Kevlar of keeping a culture like that it delivers strong numbers, pretending to befriend of society and hopes that the politicians will turn a blind eye on the matter. But it looks like these days are close to being over, politicians like Bernie Sanders, Alexandria Ocasio-Cortez and Elizabeth Warren already put Amazon as a target in their political agenda.
- Political matters: Bernie Sanders has been putting continuous pressure into the Amazon by questioning the work environment condition of the company and the actual benefit for the society of an entity that operates like that, only when the Amazon raised the minimum wage to $15/hour, that the politician has praised the attitude. But nothing changed in the long term, the senator still pushing the famous "Stop Bezos" bill, and has raised the tone against the company. Alexandria Ocasio-Cortez was the protagonist of the New York Deal, where the Amazon tried to build the second headquarters, but even with 70% of population approval and $3 Billion in incentives offered by the state. The company faced a significant clash against lawmakers and activists, that pointed out the issues of the company and how spoiled and immature it was acting. Since the company hasn't negotiated viable term to work with the community, basically showing the real face of the company, to avoid more exposure in the matter and try to create some pressure in the government, Bezos walked away from the business.
Elizabeth Warren candidate for the Democratic presidential nomination has made breaking up large tech companies a hot topic, aiming to slow down the monopolization of the market share of these companies, she could be a significant threat for Amazon Business in 2020.
- Competition: The Asian players of e-commerce has shown strong numbers and fantastic growth. They could become sooner than expected a significant threat to Amazon since they don't have to pretend to care about work and political standards of the West.
We must keep in mind that all that glitters is not gold if still believing that Jeff Bezos is an American oligarch that must be appraised for his accomplishments and his bigs charity donations, or you don't have a morality problem with the Amazon method. Put some thought into the long term viability of the scale of this sort of questions, and judges if it's feasible to believe in some significant growth from this point, in this conjecture.
Thanks for reading, and have nice trades.
AMZN has more room to move We must look at this level for sellers to step in and push this market lower if the price start get weaker consider this level to go short .
Amazon must finalize consolidation before attaining a new ATH.While I find it imperative to convey Amazons imminent decent to the rest of the Trading View community, I hope all of you can understand my apprehension with informing everyone of the indicators that I use. While I have never witnessed any individuals use any of the MA's I have displayed in this chart, most likely, some of the elites are privy to elements of my secret sauce. Due to my realization that the majority are not, I would like to keep them a secret until I have achieved enough wealth to combat and expose those narcissistic egotistical sociopaths while financially assisting the rest of humanity. I will say that my relentless deep diving research into the fundamentals and principles required for the manifestation of mater and nature has allowed me the ability to recognize the future movement of stocks and cryptos. In addition, I will state that intertwining Gann theories together with Dan Winter's discoveries has much to do with the uncanny precision and accuracy of my predictions. I assure all of you, my moving averages have absolutely nothing to do with conjuring up random mathematical equations and numbers and everything to do with compiling a specific pattern that can be applied across a multitude of platforms. One day, I will be more inclined to allow everyone to know every detail.
My Conclusion;
Amazon must consolidate down to $1080 before ascending to a new ATH is achievable. Invalidation of my assessment occurs if the Amazon price supasses $1900, but this is incredibly unlikely and comparable to the possibility of Elvis still being alive. As you can determine by reviewing my chart, I anticipated the repetitious bouncing of the price between my moving averages and eventually finding an insurmountable impediment just beyond the $1800 mark. I wouldnt hold anything against you for being skeptical about heeding advice from a self taught stranger who admittingly will not inform you of the specific MA tools utilized but do know that I am sincere and have been profoundly successful with the pattern formulations I have implemented and I will be informing all those closest to me of the data and suggesting to them to exit Amazon until $1,100. As the price descends it will continue to find support and resistance from the MA's I have displayed so there will be ample opportunities to get out of the way before finding yourself 40%+ down.
This is of course not financial advice and is solely a glimpse into my own personal journey. I ask that you accept this as for entertainment purposes only . My wish for all of you is happiness and prosperity.
The answer to the question that every human being raises multiples times throughout their lives, is, love .
May the source of the vacuums force be with you all.
AMAZON - Let's wait B wave to finish, then short!Corrective ABC forming. Let's wait that little C wave to complete that big B wave, and let's short that big C wave.
Little bearish divergence on RSI on 2h.
MACD doesn't looking too bullish, but I think Amazon will test golden pocket (0.618 - 0.65 Fib) level again. I think that horizontal resistance in golden pocket will stop this little bull market. In case that bull market continue I put stop loss just a little above that resistance.
Overall I'am short term bullish, long term bearish.
If you like my trade and analysis, click that like and follow button. Thanks!
$AMZN headed lower before higher$AMZN has been forming lower highs and lower lows (circled in red), recently fell out of its support range with a test upward.
Unsupported, given broad market weakness given by a negative McClellan Oscillator reading, Amazon looks ready to test its lower trendline. Expect lower highs and lower lows until a convincing break and hold of the downtrend line. The upcoming price pressure could push shares down to the $1,500 to $1,550 range, wherein a strong base could form to lift $AMZN out of its downtrend to have a realistic shot at breaking $1720 resistance with a retest of its all time highs in the second half of this year.
RECESSION is clear...The steady decline of Amazon is clear to see if you just open your eyes, but people don't want to do that as they are brainwashed!!
A recession is coming, if you cant see it then you will loose everything!
Simple as that really.. Look at the bigger picture and don't believe all the s#it you are fed by the government and big business owners.. of course they don't want you to really know what's going on so you don't panic and keep spending.
The government only care about themselves, when the recession does hit do you think they are going to help you? or just leave you homeless on the streets? exactly!
Fundamentals and technical analysis all point short.
AMZN (Amazon) D1 SignalAs you can see in the graph above there are some points that indicate that there is a great chance we will see fall again
1.We are currently in bearish channel
2.The RSI is in over buy that indicate fall soon
3. NASDAQ is showing weakness in recent days
Our recommend
Sell AMZN
Entry Price: 1643
Stop Loss: 1764
Take Profit: 1390
Amazon Stock Analysis: The Rise and Rise of the E-commerce GiantConclusion for today's Amazon Stock Analysis: Price could potentially fall to the low $1,000's on a close below $1309.59.
Amazon stock analysis for today is carried out using a 6 hour timeframe (log scale). The long term trendline shown in green helps to track bullish market action in Amazon from February 08, 2016. Trendline drawn in blue also helps to put price action into perspective from October 24, 2017.
October 2, 2018 saw the price of Amazon close below its 15 months old trendline, and then a close below its longer term trendline of over 33 months for the first time on November 20, 2018.
The implication of price action closing below both bullish trend lines is bearish. Price action currently has recovered over the bullish trendline since 2016 and needs to overcome immediate resistance or overhead supply between $1783.79 and $1845.40 in order to safely consider entry into a long (buy) position.
Most conservative entry into a long position involves buying on a breakout above the $2014.04 on August 31, 2018.
Amazon Short to $800Not financial Advice, but i think Head and Shoulders downward break to target of $700, i will buy at $750- $800.
AMZ thoughts1. Enter a long position under 1550, close out your position 1830-1885. Target will be reached at the end of the year.
2. Enter a short position above 1800, close out your position 1600-1650.
3. Enter a long position under 1680.
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!
AMZN ShortShort based of channels and fibs
My Entry: 1600.00 (any entry above this is fine)
Stop Loss: 1650.00
PT: 1440.00 area
Risk/Reward: 1:3.4
Elliott Wave Analysis: Amazon Rally Should Fail for another low Hello Traders,
Short term Elliott Wave View in Amazon suggests that the bounce to 1784 ended red wave x. And red wave y is currently in progress lower as a double three Elliott Wave structure. Down from 1784, black wave ((W)) ended at 1420 and black wave ((X)) bounce is in progress and is currently trading in the blue box area where a reaction lower is expected. Internal of black wave ((W)) unfolded as a double correction where blue wave (W) ended at 1617.94, blue wave (X) ended at 1676.76, and blue wave (Y) ended at 1420.
Internal of black wave ((X)) is unfolding as a double three Elliott Wave structure where blue wave (W) ended at 1550 and blue wave (X) ended at 1502.10. We expect the stock soon to extend lower again as far as pivot at 1784 high stays intact. We don’t like buying the proposed rally.
AMAZON IS GOING DOWNAMAZON IS GOING DOWN! FIND A GOOD ENTRY POINT AND SHORT IT! Reasons: 1)Head and Shoulders Pattern confirmed by volume 2) Down gap 3) Price at neckline 4) 50 SMA reaches 200SMA! GOOD LUCK!
Short AmazonIt is time to short Amazon1) Head and Shoulders pattern....2)gap down 3)price on the neckline 4) 50SMA reaches 200SMA 5) Volume confirms it ....find a good entry point and SHORT IT!!
Amazon (AMZN) Is still a good shortMain idea on chart. The past AMZN trade is up 12% and my short trade is currently up over 4%. You can find both original ideas in the related section.
We can see this is probably not just a dip but a real trend change? If we do recover from this, keep in mind we are going to see a correction in the next few years.
Thanks for viewing!
AMAZON... Resistance in bearish trend?1346,5
Since September, when Amazon found it's highest peak, is experiencing a bearish trend, and the next big support is at 1346,5. It may bounce back now at the resistance that the trend has provoked.
AMZN Long Term Potential DownsideAmazon went from 5 bucks to 115 nonstop during the dotcom bubble. 2000%+ uninterrupted growth. It collapsed back down to 5 bucks during the crash.
Since recovering, Amazon has gone from 100 bucks to 2000 nonstop the past 8 years. 2000%+ uninterrupted growth.
Losing these weekly levels below would be baaaad. Could stop at any of those levels below but theres downside to like 100 bucks.
2000%+ uninterrupted growth = Sketchy.
AMAZON ( ALWAYS THE SAME TACTIC)Stock molds are always the same only eye familiarity and fondly researchers realize some things. This will not be the first, not the last. angular seen as Turkey's largest white goods company description is priced lower than the point at which the terms of the more glorious by Amazon.
Arçelik 70% of the angle of ascension, but 77% of the Angle of ascension.
Loss is greater if angle is greater..!
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.
Amazon Elliott Wave View: Favoring More Downside $AMZN short-term Elliott wave view suggests that a decline to $1685.99 low ended black wave ((W)). The internals of that decline unfolded as Elliott wave Flat structure. Up from there, a bounce to $1856.92 high ended black wave ((X)) as Elliott wave zigzag correction. Where blue wave (A) ended in lesser degree 5 waves at $1809.88 high. A pullback to $1734.23 low in 3 swings ended blue wave (B). And finally, a push higher towards $1856.92 high ended blue wave (C) of ((X)) in another 5 waves.
Down from there, Amazon has made new lows already confirming the next extension lower in black wave ((Y)), thus favoring more downside. The initial decline to $1653 low ended in red wave W. Above from there we are calling red wave X complete at 1797 and as long as it stays below that level but more importantly below 1856.92 it should see more downside. We dont like buying it as the right side is to the downside.
