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Amazontradingsetup

AMAZON ($AMZN): Was it Bulls or Did the Bears Just Get Squeezed?✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Amazon is the king of online sellers. Was this the bulls that brought us here on COVID-19 strength, or was this all just the bears getting squeezed? Revenue was up last quarter and they don't report again until the summer. Meanwhile, reports say shipping times are getting back to normal. Amazon might be at all time highs, but that doesn't mean it can't go higher. Resources: www.earningswhispers.com + time.com --- 1. Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour chart. Lets hope that was from buyers really looking for more continuation and not just COVID-19 bears getting squeezed in early April. 2. With this strategy, we we want to enter long on bullish order blocks plotted by Orderblock Mapping (Blue) and bullish S/R levels plotted by Directional Bias (Blue). 3. For the Bullish continuation, a pullback to R1 after its initial move higher would be the most ideal but not necessarily ensured as there will be large amount of momentum when we break out on the upside. 4. For the Sideways indecision, a small scalp from S1 to R1 is ideal since again we are trend traders so buying support in an uptrend is very much the path of most likely success. 5. Finally for the Bearish Correction preplanning an average entry at either of the S2/S3 ranges is looking great. Of course, this is assuming Fractal Trend is still showing an uptrend when we get to those ranges.
NASDAQ:AMZN
by AlphaBotSystem
AMZN technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support 📌Why DepaDigitalTrading: *Analysis based on my program and tactic readings *Fundamental side in analysis *Price action - FIBO - Candl pattern *FX - STOCK - CRYPTO *Day trader - Swing trader - Position trader - "Sniper" *Simple ideas 💡 AMZN technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.7 possible and break of 0.7 FIBO 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
NASDAQ:AMZN
by UnknownUnicorn3983388
AMZN Amazon SPRING + DARK POOL TRADES = HAPPY NEW YEAR: GAP UP!! AMZN technicals pointing to more strength. Expect big GAP UP before opening on Jan 2nd! Dark Pool Trades have been pouring into AMZN - roughly $3B in last 2 weeks. Long term uptrend channel former resistance now offering strong support. Three day downtrend was broken today during consolidation & shows bullish pennant forming. Downtrend/Pullback from $1900 was caused by end of year writeoff selling for tax purposes - expect those positions to reenter and bandwagon buying from other underperforming retail stocks. Amzn had record breaking christmas sales - best sales ever reported. Same day and one day also Quadrupled YoY vs quarter 4 of last year. Short of Entire Market having big time pullback, expect AMZN to continue strong upward move through earnings . Be prepared to sell earnings . It's no secret that earnings on AMZN will be off the chain - sell the news likely generates our next pullback, but stock will probably be 100-200 points higher if it follows other earnings releases (stock runs up sharply prior to earnings ) New Years BUMP (for all stocks) has historically occurred during first week in January. That will push AMZN even HIGHER than it's momentum...expect $1900 in short order. NOTE: Watch the SPRING! For more info on institutional spring which may or may not happen since today is a holiday for many, google the Wyckoff Spring.
NASDAQ:AMZNLong
by DontListenToThisClown
4
Amazon in a long level, up to $1850 then $2000?Amazon drops into a key support level where it rotated a few times right at $1745 now its showing signs of strength and volume is starting to increase. It's been in a strong range for 4 months now and it looks like its about to break above. As long as retail numbers don't disappoint in the next few months we'll hit the first target at $1845-1850 and then into $1900. We need to see price break above the year to date POC and hold it as support. Volume on the move higher is really important as well. Disclaimer: This idea is for educational purposes only, this does not constitute trading or investment advice. TRADEPRO Academy is not responsible for any market activity.
NASDAQ:AMZNLong
by TRADEPROAcademy
Amazon stock back up to $1950-$2000.Amazon stock has been on the rise for the past few days on strong volume through some key resistance points, one being the year to date POC. The upside structure is starting to build up as well, as the low that caused the move higher was higher than the previous drop. The volume on the recent pop shows promise to the upside. There is a resistance point that is coming up which may spell trouble for the stock. The resistance between $1845 and $1865 is based on a previous peak high and the 100% Fib extension on the current move. This level could push price down again into the $1770 support however if it breaks the upside is going to open. Tech has gone up nearly 50% this year alone and Amazon is a lagger, the retail spike during the holiday season will have some effect on the upside of the stock as well. Disclaimer: The following idea is for educational purposes. TRADEPRO Academy is not held liable for any actions taken in the market as a result of this idea. This idea does not constitute investment or trading advice.
NASDAQ:AMZNLong
by TRADEPROAcademy
Will Amazon continue to slide?Amazon is making perfect parallel channel and we are looking if price breaks parallel channel, short position can be opened when daily close is below 1720 for a target of 1410. Another confirmation is to wait for bearish candle on daily right below channel. SL 1850 If price continues going down below 1410 it will complete double top formation. Price breakout below 1350 breaks neckline, and short positon can be opened when daily close is below 1350 for Target’s of 1210, 1010, 751.. Another confirmation is to look for volume surge around breakout of neckline. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!
NASDAQ:AMZNShort
by AnkitSalgia
2