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Is the Amazon bull run over?Amazon just had its worst week since 2018. Technically, the structure is damaged whichever way or form you look at at the chart. Double top, huge sell volume, way below all moving averages and closed under 2020/2021 support which makes me look at it all the way from March 2020 lows to see where this could be heading. A long-term TL support was broken in summer which turned to resistance and a resistance TL was formed in July which funnily 'may' provide relief support depending on where we open on Monday. The levels from 2700 to 2790 are potential accumulation zones and unless the company is fundamentally in trouble, which we shall only know about post earnings, I expect the stock to find its ground soon and rally into the remainder of 2022. The stock is extremely oversold and I personally believe Amazon is buyable even at current levels for long-term investors since it's nearly at its lowest price to earnings ratio in the last 5 years. Don't listen to all the perma-bears who think the stock is bloated and heading to 0, they been saying that for the last 20 years. Amazon PE Ratio as of January 21: 55.81 PE Ratio Range for the past 5 Years: Minimum: 55.56, AUG 19 2021 Maximum: 303.51, NOV 27 2017 Average: 126.34 Median: 92.71
NASDAQ:AMZN
by bbourji
AMZN Amazon.com: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Amazon.com, Inc. (AMZN). The chart is self-explanatory. Death cross on the 1D chart recently occurred. RSI and MFI is below the support line. Keep an eye on the Multi-Year Support Line if price starts to break down. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Death Cross, Simple Moving Average, EMA Ribbons, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have additional charts below on cryptocurrencies, stocks and more to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NASDAQ:AMZN
by MillionaireEconomics
6
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
AMZN DAILY TIMEFRAMESNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
NASDAQ:AMZNLong
by hadimozayan
Amazon is on his way back upHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Amazon stock has dropped since the start of August where we see the price in July was trading near 3604.80 then it dropped to 3329.99 almost an 8% drop and the market created a gap, and since then its been struggling a bit to get back up. At the end of the months, the price started to gain more momentum at August 20 the market started going up and jumped from 3199.00 to 3466.11 in 10 days. It doesn't look like the market is slowing down as more buyers go in and this Bullish trend keeps on going up. Scenario for the market movement : The price already reached the first resistance line at 3459.30 today and its movement doesn't seem to be slowing down. We might see some strong resistance at the second line at 3497.04, But if the Bulls were able to keep control over the market then we will certainly see the price go back to the 3549.08 level no problem and from there a new battle will begin over control and the outcome will determine the movement of the market. Technical indicators show : 1) The market is above the 5 10 20 50 100 200 MA and EMA (Strong Bullish sign) 2) The RSI is at 61.66 showing great strength in the market with no divergences between the market and the indicator. 3) The ADX is at 32.82 showing that the market is trending, with a positive crossover between DI+ (31.25) and DI- (21.06). Daily Support & Resistance points : Support/Resistance 1) 3369.52 1) 3459.30 2) 3317.48 2) 3497.04 3) 3279.74 3) 3549.08 Fundamental point of view : Investors might be concerned with Amazon (AMZN) facing several headwinds in 2H21. Tough comps, re-openings, and supply chain/transportation constraints are all issues to consider as noted by Baird analyst Colin Sebastian. However, following last week’s AWS Summit Online conference, the analyst believes investors should be paying more attention to Amazon’s cloud business. “AWS trends remain positive with accelerating growth, healthy margin contributions, and increasing urgency among enterprises to adopt ‘digital transformation,’” the 5-star analyst said. Amazon is reportedly investing in a live audio feature similar to Clubhouse that will include podcast networks, musicians and celebrities holding live conversations, shows and events. Axios sources say the effort is being led by the Amazon Music team, which will make the features available to its subscribers, and the live programming will eventually be added to Amazon's live video service Twitch. This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !!
NASDAQ:AMZNLong
by GabiDahduh
AMAZON:FULL FUNDAMENTAL ANALYSIS|SHORT SETUP SCENARIO 🔔Amazon's stock price fell almost 8% on July 30 after the company released its second-quarter earnings report. The company's revenue growth did not meet analysts' expectations, and the company reported a lower-than-expected earnings outlook for the third quarter. Amazon's fall weighed on other e-commerce and cloud stocks, as the company is considered an indicator of both markets. Many Wall Street analysts have also quickly decreased their price targets on the company's stock, citing difficult upcoming market comparisons in the wake of the pandemic. Let's take a look at the major conversations surrounding Amazon, find out who has the upper hand, the bulls or the bears, and whether the company is still a worthy investment. Amazon's revenues increased 27% year over year in the quarter to $113.1 billion, but they fell short of Wall Street's average forecast by nearly $2 billion. The company anticipates its revenue to rise only 10%-16% year over year in the next quarter, while analysts were expecting 24% growth. Amazon attributes the slowdown to difficult comparisons with the pace of online shopping growth caused by the pandemic a year ago. During a conference call, Amazon Chief Financial Officer Brian Olsavsky said that since last May, revenue growth "jumped to 35% to 45% and stayed at that level until the first quarter of this year, when growth was 41%." But starting in the second quarter, Amazon "began to slow down during a period of strong sales last year, and the rate of revenue growth for the year has declined." Olsavsky foresees the slowdown to continue as "vaccines are becoming more available in many countries and people are getting out of their homes." He also noted that Amazon's average spending per Prime member "is down from the spending seen during the peak of the pandemic." Amazon's accelerated growth during the pandemic and its subsequent slowdown make it difficult to estimate the company's near-term growth. So instead of focusing on hard year-over-year comparisons over the next few quarters, Olsavsky advised investors to look at the two-year annualized growth rate. Olsavsky noted that before the pandemic, Amazon's earnings were up 21% for two years. But after smoothing out the volatility associated with the pandemic, Olsavsky still expects Amazon's two-year annual growth rate to be 25%-30%, indicating that its core businesses are still strong. Amazon's long-term growth seems stable, but the main drivers of growth are changing. In the e-commerce segment, third-party sellers accounted for 56% of total paid units in the second quarter -- up from 53% a year ago -- and they continue to bring significantly higher sales growth than primary sellers. This change is troubling because Amazon has already faced quality control problems in its third-party marketplace and persistent complaints about counterfeit products from overseas sellers. Amazon's second-quarter revenue growth would have been even slower without the help of Amazon Web Services (AWS), the world's largest cloud infrastructure platform, and its advertising business. AWS revenues rose 37% year over year to $14.8 billion, which is 13% of Amazon's total revenues, and its operating income rose 25% to $4.2 billion, which is 54% of Amazon's total operating income. Revenue from the "other" segment - which mostly consists of advertising revenue - rose 87% year over year to $7.9 billion, or 7% of Amazon's total revenue. If you exclude AWS and the "other" segment from both periods, Amazon's second-quarter revenue would have grown only 22% year over year. Going even further and excluding all third-party vendor services, the company's revenue would have grown only 17% year over year. Andy Jassy became new CEO in early July, but he has yet to provide a clear plan for the company's growth. Jassy previously led AWS, so Amazon's main profit driver - which subsidizes the growth of its low-margin retail business - is clearly in good hands. Amazon's retail business, however, still faces serious challenges. Supermarkets like Walmart and Target have gotten better at matching Amazon's pricing and delivery capabilities, reliance on third-party sellers remains a double-edged sword, and the company is under pressure to raise wages and improve warehouse conditions. Shopify remains a major threat as it effects independent sellers to set up their online stores, and niche marketplaces like Etsy are pulling away shoppers who want more unique gifts. Amazon also needs to expand aggressively overseas to drive new growth and reduce its reliance on an oversaturated U.S. market - but it is struggling to draw customers away from entrenched regional leaders such as MercadoLibre in Latin America and Sea Limited's Shopee in Southeast Asia. Jassy may have to address these problems over the next few quarters to assure investors that Amazon is not losing its edge in the burgeoning e-commerce market.
NASDAQ:AMZNShort
by FOREXN1
2
#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 , 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 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