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AMZN

AMZN breaks bear trendAmazon stock has gapped higher along with several other tech firms as investors rushed back into riskier assets following reports that Trump's upcoming tariffs will be more targeted than initially thought. AMZN broke its bearish trend line after finding good support lats week at $190 key support level. If the gap now gets filled, then dip buyers might emerge near Friday's closing levels of around $195-$196. This area is now going to be significant. Anyway, the short-term bias has flipped back to being bullish in light of today's breakout. As long as the stock now remains above the trend line, any short-term dips could be bought. By Fawad Razaqzada, market analyst with FOREX.com
NASDAQ:AMZNLong
by FOREXcom
AMAZON at Key Support Level – Rebound Towards $230?NASDAQ:AMZN is currently in a corrective phase after rejecting from the upper boundary of the ascending channel. The price has now reached a key support level within the channel, which aligns with a significant demand zone. The confluence of the support level and the channel's lower boundary increases the probability of a bullish reaction at this point. If buyers step in, the price could rebound and target the $230.00 resistance level, which represents a logical area within the current market structure. However, if this support zone fails to hold, a deeper retracement toward lower levels within the channel could occur, invalidating the bullish bias. This setup reflects the potential for a recovery after the recent decline, supported by historical price action and the channel's structure. If you have additional insights or thoughts, feel free to share them!
NASDAQ:AMZNLong
by DanieIM
98
AMZN butterfly & $192.The stock trend of Amazon (AMZN) in 2024 showed significant upward movement, with the price reaching a peak of $230 and a low of $145 during the year, driven by strong market performance and investor confidence. However, In 2025 based on technical analysis, the formation of a Butterfly harmonic pattern suggests a highly probable correction toward the $190 level . This pattern, often appearing after an extended bullish trend, indicates a potential reversal. Given the current market dynamics, the likelihood of such a drop is considerable. Investors should closely monitor key support levels and prepare for possible downside risks while making informed decisions. SEYED.
NASDAQ:AMZNShort
by SEYED98
AMAZON Is it worth buying now?Amazon (AMZN) broke below its 1W MA50 (blue trend-line) last week for the first time since the week of August 05 2024 and opened this week below it. As you can see, the stock has been trading within a 2-year Channel Up and today's candle is as close to a technical Higher Low (bottom) as it can get. The previous Higher Low was in fact that Aug 05 2024 candle, which despite breaking below the 1W MA50, managed to post a strong intra-week recovery and close above the it. Technically that was the 'Max pain' situation on every 1W bottom candle in those 2 years. Every Bullish Leg that followed was around +65.24%, so that gives us an end-of-year technical Target of $300. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMZNLong
by TradingShot
Amazon - Catch The Parabolic Rally Now!Amazon ( NASDAQ:AMZN ) will start the parabolic rally: Click chart above to see the detailed analysis👆🏻 Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first. Levels to watch: $180, $400 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMZNLong
by basictradingtv
17
AMAZON: Oversold on 1D. Massive buy opportunity.Amazon is oversold on its 1D technical outlook (RSI = 27.320, MACD = -7.090, ADX = 63.698) and this is best displayed on the 1W timeframe where the price hit this week its 1W MA50 for the first time in 7 months. The decline since the January top is technically the bearish wave of Amazon's 2 year Channel Up. The previous HL was priced on the 0.5 Fibonacci level and the one before on the 0.382. We are now just over the 0.5 Fib again, while the 1W RSI is about to hit its LL trendline. All those form massive support levels for the stock, which translate into the best buy opportunity since the early August 2024 bottom. We are expecting a similar +59.62 bullish wave to begin. The trade is long, TP = 300. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMZNLong
by InvestingScope
Amazon Stock Trapped in a Bearish ChannelOver the past two weeks, Amazon's stock has declined by more than 13% , forming a new bearish channel. Selling pressure has intensified as concerns about potential tariffs begin to affect investor confidence in Amazon's multinational operations. The possible onset of a new trade war could seriously impact some of Amazon’s business model, which relies on importing products from other countries into the United States. This could eventually reduce demand and continue to reinforce the bearish bias in stock movements. Bearish Channel Since late February, shortly after the earnings report, Amazon's stock has entered a clear short-term bearish channel, reaching a low of $197 per share. Currently, a minor bullish correction is emerging, approaching the upper boundary of the bearish channel. However, as long as bullish momentum fails to break this upper level, it is likely that the channel will remain the dominant formation, maintaining downward pressure on the stock. ADX Indicator The ADX line continues to rise above the neutral level of 20, reaching levels not seen since December 2024. This reflects the momentum of current price movements and the increase in volatility affecting the stock. If the ADX line remains elevated, volatility could either support or challenge the current trend, depending on market dynamics. MACD Indicator Lower lows in price movements and higher lows in the MACD histogram have formed a divergence between the indicator and price movements. This imbalance of forces could signal the continuation of short-term bullish corrections. Key Levels: $230: Major resistance. This level corresponds to the highest price zone recorded in December 2024. If the stock returns to this level, it could reactivate a previously forgotten uptrend. $216: Current key resistance. This level aligns with the upper boundary of the bearish channel and the 100-period simple moving average. Sustained buying pressure above this level could put the bearish channel at risk. $197: Near-term support. This level corresponds to November 2024 lows. If the stock breaks below this support, it could lead to new lows on the chart, reinforcing the ongoing downtrend. By Julian Pineda, CFA – Market Analyst
NASDAQ:AMZN
by FOREXcom
AMZN to snap back Hi I am very encouraged by my PLTR trade idea to test 116, 121 in my previous post. They certainly do respect the Fib Extension levels. This time, I am applying Fib Retracement to AMZN, which I think will bounce back to 0.28 (222) , 0.38 (226) and even 0.5 (229) , from it current levels of 216. Secondly if you observe the daily charts, everytime RSI dips below 30, it's a buying opportunity. (Do note: there are a couple of times when RSI double dipped to present a buying opportunity.) All the best!!!!
NASDAQ:AMZNLong
by wayno110
AMAZON Excellent buy opportunity for a new ATH.Last time we looked at Amazon Inc. (AMZN) was three months ago (November 13 2024, see chart below), giving a pull-back buy signal: The price action couldn't have followed this more accurately as after a short-term pull-back, the stock hit our $240.00 Target at the end of January. Since then the price started to pull-back again to a point where this week it broke below its 1D MA50 (blue trend-line) for the first time since September 11 2024. With the 1D RSI on the 40.00 mark, this pull-back resembles the April 25 2024 Low, made near the 0.5 Fibonacci retracement level. We expect a similar medium-term rebound to start towards the 1.236 Fibonacci extension. Our Target is marginally below it at $252.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMZNLong
by TradingShot
1