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AMZN

AMZN: ON THE DIVING BOARD.AMZN is currently sitting on a major historical support between 2020 and 2080. I believe it has never been so oversold. It does't mean it cannot go lower. So, will it dive? One thing is for sure, tech and growth are not in favour. You have 3 options here: 1. You think the support holds. Go long. The coming stock split could boost the price. 2. You believe the market keeps on selling. Short it if it breaks the support. 3. Wait for lower levels (1683, 1593, 1346) to go long. Pick your winner. Trade safe!
NASDAQ:AMZN
by Elpidaldo
AMZN - The Jungle Ugly in the extreme. EPS missed the mark and the punishment is extraordinary after the Q4 Short Squeeze - we're seeing price well below 3400... used to SELL SELL SELL. Ouch, effing ouch. Depression, yes, Rexcession entry? crazy talk by design. It's a Depression and has been for some time. Consumption, Savings Real Incomes... yeah screwed beyond. Retracement? Hmmm... Good Luck. Only the FED can save this overpriced Paper. ___________________________________________________ #x Sub Sales Multi, good luck, 20% growth is gone for a LONG LONG time. EL/LA Tiempo reveals Rivian's gains are captured 2021 Q4. $8 Billion write down... some gains. Ouch. Expense Side - Ouch. Net Sales North America - Ouch. The decline in Internation Sales... Only $# Billion from a marginally profitable Business at best. Ouch again. Losing Money, AWS still the story, it's ain't expanding. For now, they have a Plenty O' Cash... for now. CASH FLOW Neggy ... again Ouch.
NASDAQ:AMZN
by HK_L61
2
Amazon 75 Day Target - $2380Amazon is looking poised to trend towards the $2380 level. We could see a jump back to the ceiling of this down-channel, implying around an 8% rise over 75 days. Amazon's ATR has been at an all-time high since 2020, and the stock needs some time to consolidate; however, an 8% move from pre-COVID support levels over 50 days is not entirely unrealistic. Expecting a slow climb to this level and then to test from there. Following upside, levels seem to be $2700 based on volume profile.
NASDAQ:AMZNLong
by hph4045
BTC 34-35k Rally, Crash AfterIm speculating that Bitcoin will make a short rally into the 34-35k zone. Once it hits this zone I believe we will see the bears takeover, this wedge setup that is being created backs up my idea. Along with BTC rising to 34-35k, we will see a short increase in SPY, QQQ, AMZN, TSLA, and other major companies. After this short increase I honestly think the market will crash... stocks and crypto. I will be heavily shorting SPY, BTC, and US30 once the market rises towards the zones I have set. BTC: $34k, SPY: $415, QQQ: $315, AMZN: $2700, TSLA: $820. US30: $34k. With inflation increasing and home prices rising, I see a market crash coming... who doesn't lol.
COINBASE:BTCUSD
by BigCEO2022
$AMZN might have stroke Gold!NASDAQ:AMZN $AMZN has been in the news a lot this days. Bezo's going at it with President Biden... First Union and court case awarded to ex-employee. Misuse of customer data... the list goes on. Are you considering buying into the $AMZN stock split? Are you concerned about the impact of all these news on the stock? I'll say one thing and one thing only; Technology. Technology; bots, AI, robots, and many more are all the things Amazon going for it. It has been able to reduce the cost of its workforce dramatically while growing into other industries. Yes, Inflation will cost a temporarily reduction in customer purchases as seen in the recent earnings; this will be a temporary impact. The supply chain issues, although ongoing, will be resolved as manufacturers realign their suppliers. Technical analysis: Daily Chart EMA (Exponential Moving Average): The EMAs are inverterd 200/100/50/20 EMA which usually means bad news but wait a minute! What happened on Friday? May 13th? Price action is finally above the 200EMA. Is this a dead cat bounce? Are we seeing a reversal of trends? TTM Squeeze: Squeezing upwards. Momentum to the upside! Fib Levels: Parabolic movement to the downside; Wish I shorted the position April 20th during the "Death Cross". Given the very volatile markets, leverage trading is not advised but the current position is too tempting not to go long. More importantly; the price action aimed at the blue all hell goes down support line and crossing back up. Have we seen the bottom and stroke gold? RSI: Went as low as 18.54 on May 12th (Thursday) and popping back up aggressively. Looks like we are oversold and it's time to make some short-term recovery. Candle Stick: Summary of last 5 candles equate to a bullish pattern. Dragonfly Doji right above the 200 EMA... Pattern: Rising wedge pattern (This is a reversal trend pattern) News: With the upcoming split, this might just be a good time to own $AMZN if you don't already have one. (Not financial advice).
NASDAQ:AMZNLong
by STAKKNATION
Amazon - Time to Buy or to Expect Deeper Correction? A trillion dollar giant Amazon has been upsetting investors with poor earning reports since July 2021 and its market price has already dropped by nearly 40%. But is the price fair now to buy the dip or should we expect deeper and longer correction? Fundamental indicators: Revenue and Profits - consistent growth for the past 10 years, however, it is slowing down since 2021 Profit margin - just 7%, considerably lower than the rest of FANGMAN P/E - still overwhelmingly overpriced with 54x ratio Liabilities - no problems with debt Technical Analysis (Elliott Waves): Since IPO and the first deep correction in 2001 the share price has been accelerating and developing in a series of first waves The first considerable correction of wave 4 can be observed between September 2018 and March 2020 in the shape of a Running Flat And since the historic high $37773 culminating in wave 3 there has been next corrective wave 4 developing Using the Fibonacci retracement levels from the high, the potential price zone where the correction may find support is between $1880 - $2240, representing 0.786 and 0.618 levels respectively Considering that the previous wave 4 has lasted for 560 days, the one we are observing now is most likely to last even longer, at least until August 2023 And given that the correction is quite deep it is also likely that correction will be in the shape of triangle, of course other corrective wave patterns are also possible Given all the above points the price range $1880-$2240 might be good for some purchases. However, considering the risks of recession and lengthy correction in the market - is it worth investing in Amazon ? What do you think about the prospects for Amazon ? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NASDAQ:AMZN
by vitalalyt
10
Amazon - Time to Buy or to Expect Deeper Correction (Update)?A trillion dollar giant Amazon has been upsetting investors with poor earning reports since July 2021 and its market price has already dropped by nearly 40%. But is the price fair now to buy the dip or should we expect deeper and longer correction? Fundamental indicators: : Revenue and Profits - consistent growth for the past 10 years, however, it is slowing down since 2021 Profit margin - just 7%, considerably lower than the rest of FANGMAN P/E - still overwhelmingly overpriced with 54x ratio Liabilities - no problems with debt Technical Analysis (Elliott Waves): Since IPO and the first deep correction in 2001 the share price has been accelerating and developing in a series of first waves The first considerable correction of wave 4 can be observed between September 2018 and March 2020 in the shape of a Running Flat And since the historic high $3773 culminating in wave 3 there has been next corrective wave 4 developing Using the Fibonacci retracement levels from the high, the potential price zone where the correction may find support is between $1880 - $1660, representing 0.786x of Wave 3 and 1.618x of wave A Considering that the previous wave 4 has lasted for 560 days, the one we are observing now is most likely to last even longer, at least until August 2023 And given that the correction is quite deep it is also likely that correction may take shape of Triple Three pattern Given all the above points the price range $1880-$1660 might be good for some purchases. However, considering the risks of recession and lengthy correction in the market - is it worth investing in Amazon now? What do you think about the prospects for Amazon ? Please share your thoughts in the comments and like this idea if you agree wit it. Also let me know if you would like to see other stocks, indices or Forex pairs analysed using Elliott Waves. Thanks This is an update to the previous idea following the latest development in Amazon
NASDAQ:AMZNLong
by vitalalyt
5
M2 Adjusted FAAMNG Tutorial/AnalysisThe current FAANG symbol does not have a very long history. Depending on the symbol, you get a chart that either starts from mid-2019 or 2016. We get couple more years of data in this chart, back to early 2014. I weighted each stock equally according to its 60 month average, and adjusted for M2 expansion, which gives us a very consistent support line. There's also a horizontal resistance line that extends from 2018 onward that is currently being tested as support, which raises the questions: Is historical support now resistance? Is the resistance line now support? Or will we drop below the resistance line once again? It wouldn't surprise me if we got a bounce here to once again test that the Support line is *actually* now resistance and the drop in price wasn't a fluke. Which, maybe it was. But on the other hand, smaller caps have gotten completely crushed, look at the M2 Adjusted Russell 2000 for example: We're getting close to the "value" zone, but we're still at the bottom range of wholesale prices. I wouldn't be surprised if there's even more stop-loss style liquidations at these prices. There are many many unprofitable companies, roughly 50%?!, that are feeling the pain in the Russell. It's not crazy to think that once the smaller caps fall, the rest of the larger dominoes fall. First, there were drops in sort of intangibly valued companies like Netflix/Peloton. Market shrugged it off. Then we saw a single day -0.25 trillion$ valuation drop in Facebook. Market shrugged it off. Now in the past few weeks, Amazon is finally looking terrible, and this is the first time in YEARS that the market seems to be taking it seriously. How long until Apple/Tesla bite the bullet? The market can only shrug off so much localized losses before it becomes systemic. It's only a matter of weeks or months, in my opinion, until we see the remaining FAANMG and others reflect the state of rest of the market. So how did i manage to get the symbol on the chart? This method is not perfect. There's lots of ways to do this. I decided to equally weight each stock by their 60 month SMA, given that mean reversion is a well known phenomenon. But you can use any anything you wish, as long as it normalizes the price in a way that you like. Literally anything. First, I wrote down the SMAs like this: 60 month SMA: FB = 221.34 AMZN = 2250.99 AAPL = 85.60 MSFT = 173.64 NFLX = 380.58 GOOG = 1585.70 Notice that AAPL has the lowest average, 85.6. We can use AAPL as our "benchmark". Divide every SMA by 85.6: FB = 2.5857 AMZN = 26.296 AAPL = 1 MSFT = 2.0285 NFLX = 4.4460 GOOG = 18.524 Now we can add each price together, and divide by our adjuster that we just calculated, to get a fairly crude, but accurate enough, equally average-weighted basket: AAPL+ FB/2.5857+ AMZN/26.296+ MSFT/2.0285+ NFLX/4.4460+ GOOG/18.524 Mash it all together, you get: NASDAQ:AAPL+NASDAQ:FB/2.5857+NASDAQ:AMZN/26.296+NASDAQ:MSFT/2.0285+NASDAQ:NFLX/4.4460+NASDAQ:GOOG/18.524 And adjust for M2 if you want: (NASDAQ:AAPL+NASDAQ:FB/2.5857+NASDAQ:AMZN/26.296+NASDAQ:MSFT/2.0285+NASDAQ:NFLX/4.4460+NASDAQ:GOOG/18.524)/FRED:WM2NS This looks ugly though. The value is so small, there's no horizontal bars on the chart because of a display bug in TV or some other problem. So we can simply multiply the entire series by a value. in this case 15, until we get something that looks good. (NASDAQ:AAPL+NASDAQ:FB/2.5857+NASDAQ:AMZN/26.296+NASDAQ:MSFT/2.0285+NASDAQ:NFLX/4.4460+NASDAQ:GOOG/18.524)/FRED:WM2NS*15 There's a lot of ideas fairly similar to this out there, but I hope this helps someone who might be curious how people came up with these crazy long symbols. Try it with your favorite sectors! Make your own sector benchmarks. You can combine up to 10 symbols at once! Here we only used 6 symbols (7 if you include WM2NS). Good luck and don't forget to hedge your bets :)
NASDAQ:AAPLEducation
by fringe_chartist
5