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AMZN

Amazon channel is turning bearish to $134.51 watch outAmazon has had an incredible run. It's moved from $118 to $188 since November 2023. But now it looks like the momentum is starting to slow down. We haven't got a confirmed signal but we see a slow down in buying and the market is at the bottom of the channel. There is still a gap to close and for the this reason, I'm anticipating a fall in Amazon in the next few weeks. THe first target will be at $134.51 and will be a medium term analysis.
NASDAQ:AMZNShort
by Timonrosso
Stock Market Analysis - Bullish & Bearish Sectors Heavy selling observed across the S&P500: Financials & Real Estate hit hard. S&P500 hitting the 50 day MA...technical daily support. Some breakout sectors are seeing there first pullback in a bullish trend. The sectors that have had breakouts will likely see dip buyers. Health Care & Utilities are into some interesting support levels. This is where bulls step in. Megacap Tech still saw some flight to safety money! Lets see if this holds.
TVC:US10Y
by Trading-Capital
🌟📈 AMZN: Amazon on Olympus's Peak!Traders, brace yourselves for an epic showdown with Amazon! 🌟📈 🔍 Critical Juncture: We're witnessing a pivotal moment as Amazon stands at the summit of Olympus. The level at $188.11 has proven its mettle twice before. Will lightning strike thrice? The stakes have never been higher! 💡 Adventure in the Jungle: Embark on a thrilling journey through the Amazonian jungle of trading! With a potential 27% journey to the first buy zone, are you ready for the wild ride ahead? 🔥 Join the Expedition: Venture forth and share your thoughts on this daring expedition! Are you prepared to navigate the treacherous terrain of the market? The jungle drums are beating, and the adventure awaits! 💬 Your Quest Awaits: What's your strategy for tackling this Amazonian challenge? Share your insights and embark on this exhilarating quest with fellow traders! The path to glory awaits those bold enough to seize it! 🎁 Discover the Treasure: Remember, the most insightful comment could unlock a treasure trove of prizes! So don't hesitate—join the expedition and stake your claim to riches in the jungle of trading! 🏆💰
NASDAQ:AMZN
by RICHI_CRYPTO_SIGNAL
2
Amazon Grows To Over 750,000 RobotsAmazon ( NASDAQ:AMZN ), the e-commerce giant, is undergoing a profound transformation as it embraces automation at an unprecedented scale. With over 750,000 robots now working alongside its human employees, the company is reshaping the future of work in its fulfillment centers. This surge in automation comes as Amazon ( NASDAQ:AMZN ) seeks to optimize efficiency, safety, and delivery speed for its customers. New robot models like Sequoia and Digit are revolutionizing inventory management and order processing, freeing up human workers from repetitive tasks. However, this shift toward automation raises important questions about the future of employment. While Amazon insists that robots are meant to complement human labor, concerns about job displacement and the implications for the workforce are inevitable. Critics argue that the rapid deployment of robots could lead to job losses, particularly in tasks that are easily automated. Research suggests that industrial robots have a significant negative impact on workers, affecting jobs and wages in the areas where they are deployed. Yet, Amazon ( NASDAQ:AMZN ) contends that automation has led to the creation of new skilled job categories within the company. This evolution reflects a broader trend where human employees are transitioning to more complex, nonrepetitive tasks that require higher levels of skill and creativity. Nevertheless, the integration of robotics and artificial intelligence (AI) is reshaping industries and the labor market, presenting both opportunities and challenges. As Amazon ( NASDAQ:AMZN ) navigates these changes, the broader challenge for society will be to ensure that the benefits of automation are shared equitably and that workers are prepared for the jobs of the future. Amazon's ( NASDAQ:AMZN ) journey into automation serves as a microcosm for broader trends in the economy. As technology continues to advance, the key will be to harness its potential to improve productivity and enhance human lives while addressing the societal impacts of automation on employment and income inequality. Technical Outlook Amazon ( NASDAQ:AMZN ) stock is riding on the bullish train with a Relative Strength Index (RSI) of 71.99 indicating room for more growth in the near term. The stock is trading above the 200-day Moving Average.
NASDAQ:AMZNLong
by DEXWireNews
AMAZON: Bullish continuation to 210.Amazon is bullish on its 1D timeframe (RSI = 67.557, MACD = 2.990, ADX = 31.700) as it is unfolding a very stable uptrend supported by the 1D MA50. This is the second bullish wave of the Channel Up, that is the dominant long term pattern. The 1D MACD suggests that we are entering the final phase of this wave that is aiming for a HH at +78.73% from the HL. We are bullish (TP = 210.00). See how our prior idea has worked out: ## 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's Billion-Dollar: Anthropic Investment Fuels AI Arms RaceAmazon's foray into the realm of artificial intelligence has reached unprecedented heights with its monumental investment in Anthropic, a San Francisco-based startup pioneering generative AI technology. With a staggering $2.75 billion injection, Amazon ( NASDAQ:AMZN ) solidifies its commitment to staying ahead in the AI arms race, marking its largest venture investment to date. This strategic move underscores the escalating competition among tech giants to harness the transformative power of AI and secure their positions in the rapidly evolving technological landscape. Amazon's Strategic Maneuver: By doubling down on its investment in Anthropic, Amazon ( NASDAQ:AMZN ) demonstrates its strategic foresight in identifying and capitalizing on emerging technologies with disruptive potential. Anthropic's cutting-edge AI capabilities, including its foundation model and chatbot Claude, position it as a formidable contender in the AI landscape, challenging established players like OpenAI and ChatGPT. Amazon's substantial backing not only enhances Anthropic's resources for research and development but also strengthens its competitive edge in driving advancements in generative AI. Implications for AI Innovation: The infusion of billions of dollars into Anthropic reflects the growing significance of AI as a transformative force across industries. With Anthropic's groundbreaking AI models outperforming industry benchmarks and setting new standards for performance and capability, the potential for innovation in areas such as language processing, reasoning, and multimedia analysis is immense. Amazon's strategic collaboration with Anthropic is poised to accelerate the pace of AI innovation and unlock new possibilities for enhancing customer experiences and driving business outcomes. Tech Giants' Spending Blitz: Amazon's blockbuster investment in Anthropic is part of a broader trend of heightened investment activity among cloud providers and tech giants in the AI space. As competition intensifies, companies like Microsoft, Google, and Salesforce are also making significant investments in AI startups to bolster their AI capabilities and expand their market reach. This spending blitz underscores the pivotal role of AI in shaping the future of technology and underscores the strategic imperative for companies to stay at the forefront of AI innovation. Regulatory Scrutiny and Ethical Considerations: While the surge in AI investments signals a growing appetite for innovation, it also raises important questions regarding regulatory oversight and ethical considerations. Concerns about antitrust issues, revenue reporting practices, and the potential for misleading investors have prompted regulatory scrutiny, including inquiries by the U.S. Federal Trade Commission. As AI continues to reshape industries and societies, stakeholders must navigate complex ethical and regulatory landscapes to ensure responsible and equitable AI development and deployment.
NASDAQ:AMZNLong
by DEXWireNews
Amazon Rally or Crash: Decision Point Approaching!For Amazon, we're currently at a critical juncture with two potential scenarios: Scenario 1 - Uptrend: This scenario suggests that Amazon has completed a five-wave cycle, finishing Wave I in September 2020, and concluded the corrective phase (Wave II) by December 2022. If this is the case, we're now in Wave III, indicated by a five-wave impulse upwards, comprising a higher Wave (1) followed by a corrective Wave (2). This scenario implies that after hitting a low at $81.43, the stock is in an uptrend. The maximum extension for this uptrend, or red Wave 5, leading to a higher Wave (1), is targeted at $181. Scenario 2 - Ongoing Correction: Alternatively, it's posited that the overarching Wave II hasn't finished yet, and only a Wave (A) of the correction has been completed so far. Here, we anticipate the formation of Wave (B) shortly, to be followed by a Wave (C). The exact target of Wave (C) would depend on where Wave (B) concludes. For this scenario, the benchmarks for a potential Expanded Flat correction range between $177 (100% extension) and $214 (138% extension). Surpassing these values would negate the scenario of an incomplete Wave II, confirming that we are in Wave III. The current chart patterns lean more towards the first scenario, indicating an uptrend and the end of Wave II at $81.43. The critical levels are thus set at $181 for confirming the uptrend, and between $177 to $214 for the alternate scenario. Breaking through these levels would clarify which phase Amazon is currently in.
NASDAQ:AMZN
by stromm
1
AMZN's Cup and Handle forecasts bullish continuation LONGMZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and November 2021 in the range of 187 ). On the reliability of a cup and handle pattern and that of a daily chart compared with a lower time frame I will take long positions in AMZN in both AMZU EFT shares and long dated call options for AMZN more or less ITM at $ 175.
NASDAQ:AMZNLong
by AwesomeAvani
Amazon's Zoox Robotaxis Accelerate Towards Autonomous FutureIn the race towards autonomous driving supremacy, Amazon's self-driving car unit, Zoox, is making significant strides to enhance its capabilities and expand its testing footprint. With plans to drive faster, farther, and even at night in Las Vegas, Zoox is positioning itself to compete with rivals like Waymo and General Motors' Cruise. These developments underscore the relentless pursuit of innovation in the realm of self-driving technology and the quest to redefine transportation as we know it. Zoox's Ambitious Expansion: Announced recently, Zoox's expansion plans in California and Nevada signal a bold step forward in its quest for autonomy. The company aims to increase the testing parameters for its fleet of uniquely designed vehicles, allowing them to operate at higher speeds of up to 45 miles per hour. Additionally, Zoox is extending its testing territory in Las Vegas to five miles, exposing its robotaxis to more diverse and challenging driving conditions than ever before. Embracing Nighttime Driving and Adverse Weather: In a bid to gather comprehensive data and enhance the robustness of its autonomous systems, Zoox is venturing into nighttime driving and light rain conditions. This strategic move underscores the company's commitment to addressing real-world challenges and fine-tuning its technology to operate seamlessly in various environmental scenarios. The Pursuit of Full Autonomy: Like its competitors, Zoox aspires to achieve full autonomy, envisioning a future where human drivers are replaced by self-driving vehicles. While the timeline for this transition remains uncertain, the advancements made by Zoox in expanding testing capabilities and refining its technology bring this vision closer to reality. Navigating Regulatory Challenges: While the promise of autonomous driving is tantalizing, regulatory hurdles remain a significant barrier to widespread adoption. The halting of testing by General Motors' Cruise following regulatory scrutiny serves as a stark reminder of the challenges inherent in navigating the regulatory landscape. Nevertheless, companies like Zoox are undeterred, pressing forward with their innovation agenda while ensuring compliance with regulatory requirements. Amazon's Strategic Acquisition: Amazon's acquisition of Zoox in 2020 for over $1 billion sparked speculation about the tech giant's intentions, including the possibility of using the autonomous vehicles for delivery purposes. While Zoox has yet to unveil its long-term plans beyond robotaxis, the acquisition underscores Amazon's strategic vision and its commitment to revolutionizing the future of transportation. Conclusion: As Zoox accelerates towards a future of autonomy, the trajectory of self-driving technology continues to evolve rapidly. With each milestone achieved and every challenge overcome, companies like Zoox are edging closer to realizing the transformative potential of autonomous driving. As the world eagerly anticipates the dawn of a new era in transportation, one thing is clear: the journey towards autonomy is fraught with challenges and opportunities, but the destination promises a future of safer, more efficient, and truly revolutionary transportation.
NASDAQ:AMZNLong
by DEXWireNews
Amazon - Break And RetestHello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that Amazon just rallied 100%, I am now just waiting for a retest of the structure mentioned in the analysis. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMZN
by basictradingtv
9
W Short Trade Symmetrical Triangle Breakdown Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper VWAP as the chart shows. The analysis of a short trade is also supported by the AI algo of Luxalgo using Gaussian Regression line analysis to forecast the downtrend. Targets are 47.25 which is the intersection of the forecasted trend down and the support trendline of the triangle as well as 38.65 which is the intersection of that same trendline and the pivot low of October 2023. The stop loss is 63.9 at the immediate pivot high. The trade is projected to be a 25% trade is equal partial profits are taken at both targets or 28% if the first target is a 1/3 partial closure.
NYSE:WLong
by AwesomeAvani
NVIDIA NASDAQ Topping Out Multi Year Correction IncomingNVIDIA and the whole stock market is topping out. I see a crash coming perhaps within the next month or two. NVIDIA has weekly bearish divergence on the RSI so a drop is imminent and a possible multi year downtrend as the chart shows. The valuation is over 2 trillion, thats a little ridiculous as are most valuations on these companies. This blowoff in the stock market is now the whales who bought at the bottom unloading their bags onto the new investors. I can see it in the comments. As soon as I read on a live stream that NVIDIA is going to save the world and go to 20k by some randinos, that indicates to me that its the top. THIS BELOW IS A NEAT LITTLE READ, NOT MY OWN THIS IS BY Justin Gabriel | Feb 17, 2023 In 1929, at the height of an economic boom in America, Joseph Kennedy Sr. (father of JFK) was working as a stockbroker on Wall Street. As the story goes, Joseph was walking around when he decided to sit down for a shoeshine. While polishing his shoes, the young worker gave Joseph some of his favorite stock picks. When Joseph heard the shoeshine boy giving out stock tips, he figured the party was about to end, and it was time to get out of the market. Joseph proceeded to exit his positions in the market and bought short positions that bet on the market going down. Shortly after that, the stock market entered a free fall. On Monday, October 28, 1929, the market dropped about 13%. The next day it fell another 12%. These became better known as Black Monday and Black Tuesday, and ushered the United States into The Great Depression.
NASDAQ:NVDAShort
by Bitgolder
64