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AMZN

AMZN: Could it turn BULLISH gain? “Only” if it does THIS!• AMZN lost our key support level, after failing in breaking the 21 ema in the daily chart; • The volume is still low, a sign of weakness, and in theory, AMZN is seeking the next support at $85; • Only a miraculous reaction, making it close above the $90.59 again (making this a false breakout), could frustrate this bearish sentiment; • Either way, this is short-term thinking. If you are looking for a long-term reversal sign, watch the $101 area; • The $101 is a multiple support/resistance area. Clearly, this is an important key point. Only if AMZN breaks it we might see it seeking higher levels again – maybe filling the last gap around $133; • For now, let’s focus on the support at $85 and on the short-term resistance at $90. I’ll keep you posted on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:AMZN
by Nathan_The_Finance_Hydra
2
AMZN Potential for Bullish Rise | 5th December 2022Looking at the H4 chart, my overall bias for AMZN is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. However, I am looking to play the pullback. So I am looking for a potential buy entry at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous swing low is. Take profit will be at 109.58, where the -27.2% Fibonacci expansion line and 38.2% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by Rockqet
5
AMZN: CONGESTION! How to proceed?• AMZN is in a congestion, as seen in the 1h chart, trading between the black lines as shown above, while the 21 ema is completely flat; • As long as AMZN remains inside this congestion, hardly we would see something new, however, any breakout could be interesting; • By losing the support around $90s, AMZN has a target at the gap (red line at $86.82); • On the other hand, by breaking the resistance around $96s, the next resistance is at $103.78 (previous top); • Although AMZN seems erratic, these key points might offer us some clues on how to proceed. I’ll keep you updated on this. Remember to follow me to keep in touch with my analyses!
NASDAQ:AMZN
by Nathan_The_Finance_Hydra
3
AMZN Potential for Bullish Rise | 29th November 2022On the H4 chart, the overall bias for AMZN is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. However, we are looking to play the pullback by placing a buy at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous swing low was. Looking to take profit at 109.58, where the 38.2% Fibonacci line and -27.2% Fibonacci expansion line are located. To add confluence to that take profit area, there is a market gap that looks good to be filled. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by Rockqet
1
AMZN Potential for Bearish Rise | 25th November 2022On the H4 chart, we have an overall bearish bias for AMZN with price underneath the Ichimoku cloud. We are looking to play a pullback long entry. Looking for a buy at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous low is. Take profit will be at 109.58, where the 38.2% Fibonacci line and -27.2% Fibonacci extension line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
NASDAQ:AMZNLong
by Rockqet
4
Amazon: A Vision in WhiteAlthough Amazon is currently moving sideways after following a downwards slope, we expect the course to drop down further below the support line at $87.59 to reach the white target zone between $85.73 and $65.73, where wave (IV) in white should hit its low. Afterwards, the course should turn back up and push above the support at $87.59. As soon as the course exceeds this mark, it should wander further North to climb above the resistance line at $104.87 and carry on with the upwards trend. There’s also a 30% chance that Amazon could make it above $104.87 earlier already, thus skipping the white zone.
NASDAQ:AMZN
by MarketIntel
Amazon to break back above $100?Amazon - 30d expiry - We look to Buy a break of 105.01 (stop at 100.26) 103.78 has been pivotal. We are trading at oversold extremes. Prices have reacted from 85.88. In our opinion this stock is undervalued. Previous support, now becomes resistance at 105. A break of resistance at 105 should lead to a more aggressive move higher towards 115. Our profit targets will be 116.88 and 119.88 Resistance: 95.00 / 101.00 / 105.00 Support: 90.60 / 85.88 / 80.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:AMZNLong
by Saxo
AMZN: We nailed the TOP! What to expect next?• Since our last analysis on AMZN, we nailed the top on it, thanks to our Multi Time Frame Analysis (MTFA) in the 1h and D charts (link to our previous analysis below this post, as usual); • Now, AMZN is in a bear trend in both, 1h and D charts. In theory, it is supposed to fill gap at $86.82; • Only if AMZN does a strong bullish reaction, and breaks the 21 ema (1h) we would see this bearish scenario frustrated; • If AMZN reacts, and breaks the $101 area seen in the daily chart, it would trigger a mid-term reversal structure, a bullish pivot point; • Therefore, this trend will be dictated on how it’ll react in the 1h chart, and if it breaks the $101 in the daily chart. I’ll keep you guys updated on this, but for now, let's kee these key point in mind. Remember to follow me to keep in touch with my analyses!
NASDAQ:AMZN
by Nathan_The_Finance_Hydra
1
Amazon, Inc. Since 2000 (22 Years - Worrisome To Say The Least)I got scared when I saw this chart... Maybe that is why Jeff Bezos is planning on laying off a lot of people... Let me show you. AMZN right now is trading right at strong/long-term support. This critical support is the consolidation box/range from June 2018 through March 2020. This is marked light blue on the chart. Now, we have strong bearish signals developing and as you can see when you move your eyes to the left... We have 22 years to correct. Ok, let's start with the signals: - We have a bearish cross between EMA10 and EMA50. - Qstick and RSI strongly bearish. - 4 Months closing red spells doom. - The other stocks aren't looking good. The 0.5 Fib. retracement level for the 20+ year bullish wave has been lost as support. That is $94.47. This is a once in a lifetime event. The next Fib. support level is the golden ratio at $72.24... That's the main target on the monthly timeframe. If this level breaks, 0.618 Fib., $40 enters the game. CHANGE Amazon (AMZN) needs to break and close above $116 monthly for some bullish air to enter the chart. Any trading below this level and this chart analysis remains valid. Thank you for reading. Remember to always plan ahead; long-term. Namaste.
NASDAQ:AMZNShort
by AlanSantana
2
Add to Amazon longsAmazon looks set to blow right up here and close all the purple lines (gap fills)) on this daily time frame chart . NY times article today about 10,000 lay offs should drive this higher as with META last week. I expect this to go on and take out ATH's within a few years- but still have to be cautious until bear market is negated. Nevertheless Amazon is a great long term buy and hold here. We will likely see a fake break of the 100 and this will take us up to 110 and more. N.B. just keeping all the resistance lines (red) on this chart to show potential take profit points for shorter term traders. Green lines are support.
NASDAQ:AMZNLong
by breakoutfakeout
AMZN Potential for Bullish Rise| 18th November 2022On the H4 chart, the overall bias for AMZN is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. However, we are looking to play the pullback by placing a buy at 92.43, where the 61.8% Fibonacci line is. Stop loss will be at 85.88, where the previous swing low was. Looking to take profit at 109.58, where the 38.2% Fibonacci line and -27.2% Fibonacci expansion line are located. To add confluence to that take profit area, there is a market gap that looks good to be filled. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by Rockqet
5
META Facebook/Meta - Too Much Bear, Not Enough BullPersonally, I have only low opinions of Facebook, for it exists really as a big data collection hub. A lot of tracking cookies just traffic your browsing history and information back to their servers, whether you have an account or not, for AI analysis and surveillance. And then there's the Metaverse, which Mark Zuckerberg and Communist Party Global are so delirious that they think you're going to spend your 40 hour work week with a 10 pound Oculus Rift bolted to your face while you lay on the floor in your pod covered in blankets with your heat restricted by the Communist Party Central Planning Committee to 18C eating the bugs as they scream "climate crisis" and "energy crisis" while showing off in their private jets, feasting on cows. All commentary on the state of affairs of the company and the disastrous direction the Metaverse vaporware has taken it aside, I'm a price action trader, and when it comes to Meta, which is a keystone of the Nasdaq, you just have to have your interest piqued when something has dropped as much as this boat anchor has. Notably, in the last 2 months and 4 days alone, Meta has lost 76% of its value. Just look at this monthly: With stocks, these types of doom gaps rarely seem to present a real buying opportunity to capture a retrace with. This is demonstrated in Meta on the weekly, which shows literally 8 consecutive losing weeks, with pretty much no bounce at all. In the last two weeks alone, from the broken low to the bottom was another 28%. Looking at the daily, we can see that the post-earnings dump just literally went straight down in a straight line. This is the definition of "oversold," really. But as any seasoned trader who has burned their hands will tell you, something being oversold does not make it a buy, for that oversold indicator can snake on the floor for a lot longer than you can stay solvent before finally recovering. Yet, we get to a key juncture that gives us a situation that certainly piqued my interest tremendously. Not only has Meta dumped another $10 in the first trading days of November already, but it made a very weak high on the first and has since traded below a key pivot low from 2016. Additionally, price action on Non-farm payrolls Friday showed Meta crush through a short term double bottom and then reverse. To me, all the stars have aligned and all the conditions precedent for bears to get #rekt are present. Going long here means you have a $7 upside just to the November high. That November 1 high will not be the high of the month for Meta. You can pretty much set your watch to that. At some point, they will rip it past it and clear out the shortsellers and bring in rally chasers, for sure. Better yet, trading back to the post-earnings gap down to rebalance the range produces a $12 upside. If Meta trades back to range equilibrium of the up candle before the earnings dump, your upside is $25. A key point here is the area above $120 is a high resistance range on the weekly. If Meta starts to trade in here, especially if it doesn't reject hard, the upside can be significantly higher. You might think that there's no way it could happen, but there's always some latent "news" driver that has been arranged to power the bear guillotine and bring the FOMO in. The key point with trades like this is to manage your risk. Don't be too greedy. Take profits. Be patient. Give up if it won't pump. But don't bottom short and make yourself a dead bear, either. If Nasdaq does what the Dow just did during election week next week, a lot of people's bottom puts are going to expire worthless while those short on margin are going to get gap up on open liquidated.
NASDAQ:META
by LordWrymouth
9