AMZN
$SPY breakout incoming? 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
AMAZON Making a bullish break out, potentially long term.Amazon / AMZN had a huge price leap after yesterday's earnings release and already crossed over the top of the Falling Wedge pattern.
This is the main pattern despite the fact that a Channel Down potentially exists as the Wedge's Lower High was priced/ rejected on the 1day MA50.
Equally important is the fact that yesterday the price fall stopped a little over the 1day MA200, which is the first long term Support (1week MA50 being the second).
Buy for the long term and target 145.80 (Resistance B).
Follow us, like the idea and leave a comment below!!
part 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
AMZN | InformstiveNASDAQ:AMZN
Trend & Patterns: The stock appears to be in a downtrend, indicated by the series of lower highs and lower lows.
Support & Resistance:
Bearish Line: This line at approximately $124.97 is possibly acting as an immediate support. A breach below this line could see further declines.
Bullish Line: This line at approximately $125.90 might act as a resistance for the stock. A movement above this line could indicate bullish momentum.
Target Prices: Two target prices are highlighted at around $128.05 and $129.20, which might act as resistance points in case of an upward move.
Extended Support: There's another target price marked at $123.04 which could be a future support level if the stock continues its decline.
Moving Averages: The stock is trading below its moving averages, further indicating a bearish sentiment.
Volume: The volume bars seem to be increasing during down days, which can be a bearish sign. An increased volume on declining days can indicate strong selling interest.
Indicators:
Bollinger Bands: The stock price is near the lower Bollinger Band, which can sometimes indicate that the stock is oversold.
Average True Range (ATR): Without exact values, it's a bit tricky, but a rising ATR often indicates increased volatility.
Recent Price Action: The most recent candlestick appears to be a small bullish one, though it's contained within the range of the previous larger bearish candlestick. This could indicate a potential short-term reversal or consolidation, but it would be essential to watch further price action and other confirming indicators.
Think Before You Short: AMZN EarningsTraders need to check weekly charts when considering selling short stocks at this time. Many times there are strong support levels close to the current sold down price action.
The weekly charts also provide more data for day and swing traders to determine the all important RUN GAIN POTENTIAL. This must be calculated before any trade to determine the Risk versus Profit Potential for that trade, regardless of whether the hold time is a few minutes or several days for swing trading.
For many stocks, the recent selling down is not due to weaker earnings expectations but due to an overall reaction to retail news regarding international conflicts, US government uncertainties and regional wars.
The key element for trading stocks short-term is to understand where support will kick in and halt a sell short trade. Understanding the functionality and the strength or weakness of a support level is crucial to attaining a high-profit trade.
It is also a factor if you are waiting on the Dark Pool Buy Zone levels for getting into the stock for a run up from support levels.
Below is a chart of AMZN, which reports earnings on Thursday this week after the market close.
It shows that support is strong near the current price level. This indicates that the Dark Pool Buy Zone is within that technical price range. Selling short is inherently higher risk as the support level is a long-term trend strong support.
Why is it so strong?
1. There is a several-week price range that held the stock up.
2. Highs are a support mechanism when the stock market is not in a long-term downtrend. ALL
traders should know that this is not a bear market. Indexes are in a Trading Range.
3. The length of the candles is significant and relevant to the strength of the support.
NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast00:00 Economic Data, AAII Sentiment Data, Earnings, Fear & Greed Index
02:59 QQQ Stock Price Forecast
07:08 Sp500 ETF Price Forecast
08:59 Tesla Stock TSLA Forecast Technical Analysis
11:09 Nvidia Stock NVDA Forecast Technical Analysis
12:35 Apple Stock AAPL Forecast Technical Analysis
14:52 Amazon Stock AMZN Forecast Technical Analysis
16:40 Google Stock GOOGL Forecast Technical Analysis
17:43 Microsoft Stock MSFT Forecast Technical Analysis
18:36 Meta Forecast Technical Analysis
7 Mega Cap Tech Stocks Forecast part 2 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
04:39 AMEX:UNG Stock Forecast
05:16 USO Oil Stock Forecast
06:27 Gold XAUUSD Stock Forecast
07:21 Silver XAGUSD forecast
06:37 US dollar DXY Stock Forecast
10:37 QQQ Stock Price Forecast
13:36 Sp500 ETF Price Forecast
15:00 Tesla Stock TSLA Forecast Technical Analysis
17:14 Nvidia Stock NVDA Forecast Technical Analysis
18:10 Apple Stock AAPL Forecast Technical Analysis
19:00 Amazon Stock AMZN Forecast Technical Analysis
19:59 Google Stock GOOGL Forecast Technical Analysis
21:43 Microsoft Stock MSFT Forecast Technical Analysis
24:09 Meta Forecast Technical Analysis
Natural Gas Price Forecast & 7 Mega Cap Tech Stocks Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
02:34 AMEX:UNG Stock Forecast
04:04 USO Oil Stock Forecast
05:34 Gold XAUUSD Stock Forecast
06:37 US dollar DXY Stock Forecast
07:47 Silver XAGUSD forecast
09:22 QQQ Stock Price Forecast
11:28 Sp500 ETF Price Forecast
13:25 Tesla Stock TSLA Forecast Technical Analysis
14:50 Nvidia Stock NVDA Forecast Technical Analysis
17:14 Apple Stock AAPL Forecast Technical Analysis
18:00 Amazon Stock AMZN Forecast Technical Analysis
18:57 Google Stock GOOGL Forecast Technical Analysis
19:46 Microsoft Stock MSFT Forecast Technical Analysis
21:29 Meta Forecast Technical Analysis
Natural Gas Price Forecast & 7 Mega Cap Tech Stocks Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide
02:48 AMEX:UNG Stock Forecast
03:55 USO Oil Stock Forecast
04:52 Gold XAUUSD Stock Forecast
05:58 US dollar DXY Stock Forecast
07:44 QQQ Stock Price Forecast
11:04 Sp500 ETF Price Forecast
12:18 Tesla Stock TSLA Forecast Technical Analysis
13:28 Nvidia Stock NVDA Forecast Technical Analysis
15:21 Apple Stock AAPL Forecast Technical Analysis
16:34 Amazon Stock AMZN Forecast Technical Analysis
17:23 Google Stock GOOGL Forecast Technical Analysis
18:05 Microsoft Stock MSFT Forecast Technical Analysis
18:52 Meta Forecast Technical Analysis
Natural Gas Price Forecast & 7 Mega Cap Tech Stocks ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias
- Natural Gas Natgas Stock in a daily uptrend
- natural gas ideally bounce at 3.18
#naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil
00:00 Seasonality Data
01:05 QQQ Stock Price Forecast
04:04 Sp500 ETF Price Forecast
05:33 Tesla Stock TSLA Forecast Technical Analysis
07:13 Nvidia Stock NVDA Forecast Technical Analysis
08:51 Apple Stock AAPL Forecast Technical Analysis
09:59 Amazon Stock AMZN Forecast Technical Analysis
10:45 Google Stock GOOGL Forecast Technical Analysis
11:27 Microsoft Stock MSFT Forecast Technical Analysis
13:04 Meta Forecast Technical Analysis
14:16 Natural Gas stock Bulls NatGas Support & Resistance Guide
16:18 AMEX:UNG Stock Forecast
17:08 USO Oil Stock Forecast
18:06 Gold XAUUSD Stock Forecast
19:00 US dollar DXY Stock Forecast
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastWelcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
00:00 Rate Hike Data, Earnings Report, Economic Data
02:44 QQQ Stock Price Forecast
05:23 Sp500 ETF Price Forecast
06:42 Tesla Stock TSLA Forecast Technical Analysis
09:40 Nvidia Stock NVDA Forecast Technical Analysis
11:41 Apple Stock AAPL Forecast Technical Analysis
12:46 Amazon Stock AMZN Forecast Technical Analysis
14:03 Google Stock GOOGL Forecast Technical Analysis
14:51 Microsoft Stock MSFT Forecast Technical Analysis
16:15 Meta Forecast Technical Analysis
AMZN AMAZON next moveAmazon.com Inc's. next large thing may be prowling in the costly production network contraption that is changed its online business into a juggernaut.
The Seattle-based organization's venture into purported operations administrations — transportation and conveyance — could ultimately be worth more than $100 billion in income, as per Truist Protections expert Youssef Squali.
𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: $QQQ Daily. Keep it simple𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: NASDAQ:QQQ Daily. Keep it simple. Above line-in-sand ("LIS") of 373 a bull flag 🐂 breakout. Below risk lower to consolidate 🐻
$NQ_F TVC:NDQ NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:META NASDAQ:GOOG NASDAQ:TSLA NASDAQ:NVDA NASDAQ:SOX $ES_F AMEX:SPY SP:SPX TVC:DXY NASDAQ:TLT TVC:TNX CBOE:VIX #Stocks
Amazon (AMZN) -> Growing With E-CommerceMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Amazon.
Looking back at January of 2023 you can see that Amazon stock perfectly retested and already rejected the support trendline of the rising channel and also a previous resistance level.
With Amazon currently retesting resistance at the $141 level, I do expect a minor rejection but then I would love to see a break and retest and another push higher to retest the channel top.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Amazon -> Continuation TradeMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Amazon.
After the recent rejection away from the lower support trendline of the rising channel I do now expect a short term correction back to the $105 level. Then we could see an inverted head and shoulders pattern which indicates more upside potential and eventually new all time highs.
- - - - - - - - - - - - - - - - - - - -
When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡
At least one more bullish leg up potential for AMZN in Q4'23 While my long-term macro Elliot wave count* on AMZN is not certain, but if the price manages to hold above 123, I am counting on at least one move up towards 151-160 resistance area in Q4 this year.
In the short-term, 50D MA region will serve as an important resistance zone, and point of interest for big institutional money. We either see the price getting institutional support in this area, or we may be left with substantial selling pressure. That is why definitive move above 50D MA, with volume pick-up, would be an important marker for confirmation of the higher potential, mentioned above. This region also coincides with Sep's gap-down, that was not yet filled with any followed-up upward bounce.
Breaking below 123 area, either in the short-term, or during the next correction higher in the wave structure, would be the turning point for me, to consider something major bearish is potentially in the cards.
Trading thesis: if price breaks out above yesterday's highs with volume support, longs could be initiated with 3 and 5% stop losses.
* One important caveat to EW: I use it solely to have a subjective idea about sentiment and overall context to support, but not guide, my investing decisions. Price and volume is the key, and only price pays, not the fibonacci resistance or any wave count.
AMZN bear flag. Must touch white TL before turning bullish. ~120This is a classic bear flag and trendline rejection on the daily.
There is no floor for AMZN buyers to keep the price up here.
Next floor and support is the white TL.
We also saw NASDAQ:AMZN breakout under a long term trend here. 120 is just a mini target. They'll tell you markets are turning bullish but give it 1-2 weeks until they start pumping out, "Gov Shutdown Looming" headlines again. Manipulation is common and allows the markets to be liquid. Stop falling for it.
In my opinion, today was a bull trap.
Look at the SP:SPX AMEX:SPY CAPITALCOM:US100 chart:
I said yesterday in a minds post that we'll pump to 430 then re-evaluate. I did not expect 430 to hit the next day. This is crucial and is usually a sign of weakness. Could be wrong.
Welcome to follow & trade with us - many callouts this month including NASDAQ:NVDA @ 415 NASDAQ:TSLA @ 234 NASDAQ:AMD @ 95