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AMZN

SasanSeifi 💁‍♂️🔵AMZN 👉12H 118 / 121 / 123▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours, as you can see, the price has grown by about 12% after breaking the dynamic resistance and due to the completion of pullback from the range of 101, and after a slight fluctuation, it again faced a positive fluctuation. Currently, it is trading in the range of 114 midline of the ascending channel.📊 ‎📈The scenario we can consider is that if the support range of $110 and $108 is maintained, the price will continue to grow up to the range of $118 and the gap area of 121/123. ❗️ 🔸We have to see how the price will react to the resistance ranges. If it stabilizes above the range of 123, the possibility of more growth can be considered.‼️⚠️ ⚠️Keep in mind that it is important to maintain the 110/108 support range for the continuation of the positive trend. ▫️The current price : 114.07💲 ▫️TF : 12-H ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
NASDAQ:AMZNLong
by SasanSeifi
Part 3 | All 7 Big Tech | QQQ Sp500 Price level Trend Guide- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN fifth rejection from its 131 chop zone still above support though - GOOGL still the weakest only tech in a daily downtrend - MSFT went form daily downtrend to uptrend today - META same as AMZN in a chop zone rejection 5th time from its resistance.
NASDAQ:AMZNShort
by ArcadiaTrading
Part 2 | All 7 Big Tech | QQQ Sp500 Price level Trend Guide- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN fifth rejection from its 131 chop zone still above support though - GOOGL still the weakest only tech in a daily downtrend - MSFT went form daily downtrend to uptrend today - META same as AMZN in a chop zone rejection 5th time from its resistance.
NASDAQ:QQQShort
by ArcadiaTrading
Part 1 | All 7 Big Tech | QQQ Sp500 Price level Trend Guide- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN fifth rejection from its 131 chop zone still above support though - GOOGL still the weakest only tech in a daily downtrend - MSFT went form daily downtrend to uptrend today - META same as AMZN in a chop zone rejection 5th time from its resistance.
NASDAQ:QQQShort
by ArcadiaTrading
1
TCOM Naturally I jumped in early so you dont have too!TCOM setting up to launch... Made DEEP support and about to pop the last string on my ribbon. The ESVO is a col and price oscillator that marries the two together... the lines are where all time frames interest is centered. So major support and resistance is created when they merge together. meaning all the time frames are in agreement on where the price is.... when support is made after passing it... It starts its profit run. 90% on stocks that have popped the ribbon and dropped back below.... reaccumulated and popped it again to find support. Natrually I jumped in last week..... And now its about to be ready. by iCantw84it 06.30.23
NASDAQ:TCOMLong
by iCantw84it
6 Big Tech Stocks | $QQQ Weekly consolidation Price Trend Guide- QQQ & Sp500 weekly time frame consolidation, low of consolidation likely not set yet, need hourly trend changes back to the bulls first - TSLA stock confirmed bear break H&S pattern - NVDA stock broke 420 support and flushed 400 psychological support break than its 394 - AAPL EMA 12 daily and 2D still full bull control - AMZN bull break to 52 week high lack follow through - GOOGL continuation of daily downtrend - MSFT joined team bear with GOOGL confirming its first daily downtrend.
NASDAQ:MSFTShort
by ArcadiaTrading
Price Level Trend Guide TSLA NVDA AAPL AMZN GOOGL MSFT|Sp500 QQQ- TSLA stock forming daily H&S pattern - NVDA stock 420 support needs to hold for bulls, bear would likely break this level if we even get a slight red day on QQQ - AAPL 2D EMA 12 still full bull control although its starting to feel slowly at this ATH range - AMZN nice bull break Thursday looking like its consolidating sideways - GOOGL back into its chop zone after breaking both sides with no follow through - QQQ daily EMA 12 support inside bar today forming EQ that will break monday - SPY 4h H&S confirmed bear break.
NASDAQ:TSLAShort
by ArcadiaTrading
TSLA NVDA AAPL AMZN GOOGL MSFT | QQQ SPY Weekly Analysis- TSLA stock forming daily H&S pattern - NVDA stock 420 support needs to hold for bulls, bear would likely break this level if we even get a slight red day on QQQ - AAPL 2D EMA 12 still full bull control although its starting to feel slowly at this ATH range - AMZN nice bull break Thursday looking like its consolidating sideways - GOOGL back into its chop zone after breaking both sides with no follow through - QQQ daily EMA 12 support inside bar today forming EQ that will break monday - SPY 4h H&S confirmed bear break.
NASDAQ:QQQShort
by ArcadiaTrading
NVDA TSLA AAPL AMZN GOOGL MSFT | QQQ SPY Price Level Analysis- QQQ healthy pull back last 3 days and bounced hourly uptrend will be the guide - SPY same with QQQ hourly uptrend is the guide - NVDA relative weaker compare to QQQ - TSLA potential 4h head and shoulder - AAPL ATH closed still the strongest tech , 2D EMA 12 full bull control - AMZN bull break out of its consolidation - GOOGL bounce back into its side ways range - MSFT potential bear flag still need to bounce more
NASDAQ:QQQShort
by ArcadiaTrading
2
Daily Market Analysis - THURSDAY JUNE 22, 2023Fed Chair Powell's Testimony Dampens US Stock Market, BoE Set to Raise Rates Amid Bleak Outlook Key events: Switzerland - SNB Interest Rate Decision (Q2) Switzerland - SNB Press Conference UK - BoE Interest Rate Decision (Jun) UK - BOE Inflation Letter USA - Initial Jobless Claims USA - Existing Home Sales (May) USA - Fed Chair Powell Testifies USA - Crude Oil Inventories US Stock Market Declines as Powell's Testimony Signals Potential Interest Rate Increases The US stock market faced a downturn on Wednesday following Federal Reserve Chairman Jerome Powell's testimony before Congress. Powell emphasized the central bank's commitment to addressing inflation and hinted at the possibility of additional interest rate hikes. This led to the third consecutive day of losses across all three major US stock indices, with tech giants and related companies exerting significant downward pressure. During his testimony to the US House Financial Services Committee, Powell reaffirmed the central bank's determination to bring inflation back to its targeted goal of 2%. He indicated that if the current economic trajectory continues, it would be reasonable to expect future interest rate increases. Market indicators, such as CME's FedWatch tool, currently suggest a 74.4% probability of a 25 basis point rate hike at the conclusion of the upcoming monetary policy meeting in July. Powell's Testimony Continues, Energy Stocks Lead S&P 500 Gainers Federal Reserve Chairman Jerome Powell is set to provide additional testimony before the Senate Banking Committee on Thursday. In the S&P 500, energy stocks emerged as the top gainers among the 11 major sectors, recovering from a notable decline witnessed the previous day. On the other hand, the technology and communication services sectors experienced the largest percentage drops. AMZN stock daily chart Amazon.com (NASDAQ: AMZN) Faces Lawsuit by FTC Over Alleged Deceptive Practices Amazon.com (NASDAQ: AMZN) encountered legal challenges as the Federal Trade Commission (FTC) filed a lawsuit against the e-commerce giant. The lawsuit accuses Amazon of deceiving customers by allegedly obtaining their subscription to Prime services without obtaining proper consent. TSLA stock daily chart Tesla Inc (NASDAQ: TSLA) Slumps Following Downgrade by Barclays Tesla Inc (NASDAQ: TSLA) witnessed a significant decline of over 5% following a downgrade by Barclays. The stock was downgraded from Buy to Hold, raising concerns about potential price cuts by the electric vehicle manufacturer. These price cuts have raised worries about the impact on Tesla's margin and earnings. US Dollar Currency Index daily chart US Dollar Reverses Gains, Gold Struggles to Maintain Position The US Dollar faced significant selling pressure during American trading hours, leading to the end of its three-day winning streak and the elimination of its weekly gains. As of early Thursday, the US Dollar Index (DXY) remained relatively stable, hovering just above the 102.00 level. Meanwhile, the price of gold experienced a drop to its lowest level in three months on Wednesday, dipping below $1,920. However, it managed to recover slightly later in the American session as US Treasury bond yields retreated. Nevertheless, early Thursday sees XAU/USD struggling to maintain its position, trading in negative territory slightly below $1,930. XAU/USD daily chart Central Banks' Monetary Policy Decisions Awaited Amid Concerns Thursday will be marked by the closely watched monetary policy decisions of two major central banks: the Swiss National Bank (SNB) and the Bank of England (BoE). The Bank of England (BoE) is set to convene following another worrisome inflation report, with expectations pointing towards an additional 25 basis point interest rate increase. Despite being the first major central bank to initiate rate hikes as a measure to combat inflation, the BoE's efforts have been relatively less effective compared to other banks. British inflation currently stands as one of the highest among developed economies, nearing 9%. Consequently, the BoE is expected to be the last central bank to conclude its rate-hiking cycle. Projections suggest that the bank will implement six more 25 basis point rate hikes, eventually reaching a peak rate of over 6% by the end of this year or the beginning of the next. Given the challenging macroeconomic conditions, it remains uncertain how the UK will manage to avoid a recession. GBP/USD daily chart UK Inflation Report Fails to Boost British Pound The release of the UK inflation report did not generate a significant influx of buyers for the British pound. Despite initially testing resistance at 1.28, the GBP/USD currency pair retraced to pre-data levels and even reached its lowest point in five sessions. In contrast, the EUR/GBP currency pair witnessed a notable reversal from its nearly oversold state and surged above 0.86. EUR/GBP daily chart BoE Hawkish Surprise and Key US Data Awaited There is a possibility of a hawkish surprise from the Bank of England (BoE), potentially including a 50 basis point rate hike, either in the current meeting or in one of the upcoming meetings. This anticipation is expected to maintain the GBP/USD currency pair on a trajectory for further gains, especially considering the prevailing environment of a weakening US dollar. Market participants will also closely monitor the release of the weekly Initial Jobless Claims data from the United States, which has the potential to inject new momentum into the market. The US economic calendar will further feature the publication of Crude Oil Inventories and Existing Home Sales data for May. Additionally, FOMC Chairman Jerome Powell will continue his semi-annual congressional testimony, providing valuable insights into the policy outlook.
by FOREXN1
9
The Art of PatienceAmong the dozens of qualities and attributes, experts say traders need, patience is one of the most important qualities a trader can possess. It is a virtue often overlooked in the fast-paced world of trading, where new traders are lured into the trap of the get-rich-quick ideology. The ability to wait for the right trades can be the difference between success and failure, but how can we grow our patience? In this article, we will dive into the art of patience. We will discuss why patience is important and methods to cultivate patience. Why Patience is Important in Trading In this day and age, patience is a difficult thing to master. As a society, we almost want things before we know we want them. That makes waiting for nearly anything a monumental burden for most. We are so impatient that we are willing to pay money to remove things that require patience. Ads on video or music streaming apps or expedited package delivery are great examples. However, this does not mean we cannot learn and become disciplined in the art of patience. Patience allows traders to take a long-term view of the market. That market can be a volatile and unpredictable environment, and the temptation to blindly leap into a trade can be immense if we cannot maintain discipline and patience. Emotional or impulsive trades often lead to losses. Patience allows traders to wait for ideal opportunities that are thoroughly analyzed, utilizing a robust yet simple trading system. If we as traders take the time to be patient and genuinely analyze potential opportunities we can often avoid trades that are likely to be unprofitable. How to Cultivate Patience Patience is not a natural trait for everyone, but it can be cultivated through practice. Here are some tips for building your patience: Set realistic goals: Patience really requires a long-term perspective. Traders should set realistic goals for their trading strategy and focus on achieving them over time, rather than trying to get rich quick. The old adage of “Rome wasn’t built in a day” couldn’t be more pertinent. Great things take time to develop, but they are often worthwhile. If you miss, you miss: Something that is difficult for any trader is missing an opportunity. Maybe you were pulled away or just generally distracted, and an opportunity passed by you. It is unwise to hop on the FOMO train in the hope that there is still room up or down for a trade to be profitable. It is far better to take a step back and analyze the market and find new entries or opportunities that can be verified by your system. Missed opportunities are also a great learning experience to build yourself up rather than tear yourself down. Avoid distractions: Ohhhh look a squirrel! Anyways, the markets can be overwhelming, and it can be easy to get distracted. Examples of distractions would include nonconsequential/irrelevant news, misleading social media posts or groups, and personal environmental factors. Avoid distractions and focus on your trading plan; your future self will be thankful. Practice mindfulness: Many mistakenly think mindfulness is to make your mind a blank canvas, devoid of thought, and disregarding everything external. Mindfulness is the practice of being present in the current moment, recognizing when your mind wanders, and letting it go as you bring your focus back. View your mind as a muscle that needs to be trained, not entirely dissimilar to an athlete training their body. Mindfulness can help you stay focused and avoid impulsive decisions as you bring yourself to the present moment. Conclusion The funny thing about patience is that it takes time to develop. Patience is a foundational pillar for a trader's market psychology, but it is one of the hardest to build up. It allows traders to wait for the right opportunities, avoid emotional decision-making, and take a long-term view of the markets. By cultivating patience and applying it to your trading strategy, you can increase your chances of success.
NASDAQ:AMZNEducation
by LeafAlgo
4