Amazon (NASDAQ: $AMZN): Best Company In The S&P 500?! 🏆Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.
AMZN
More than %50 in one month!A dramatic sharp increase is expected, recommended for mid-term, growing up to around 30-35.
$AMZN Key Levels, Analysis, & Targets $AMZN Key Levels, Analysis, & Targets
Not much has changed since the last time I published AMZN… I’m just reposting because we're close to earnings… I tightened up the trend-lines, and looked to make sure I wasn’t missing anything… but that’s about it… I know my buy orders are in...
GL, y’all…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
What Next?They say it's gonna be a private company BUT here is how I foresee its future:
Twitter has a landmark position between $55 - $58. I don't think it can cross $58. It probably return downward at after $56, if it happens then it will be another "Beginning of an End"; But if it crosses $58 then congrats to whoever bought it!
#pessimistic .
AMZN has same problems as all companies= a weak consumer!Consumer is tapped out! $6 a gallon gasoline here in CA. Inflation. Higher interest rates. Rising wages. Labor force shortages. Consumers being squeezed on every front. Something has to give! Same as GAP and NFLX evidenced the consumer is cutting back. AMZN is not impervious to the headwinds of the entire economy, they are in the eye of the storm. I say they cannot guide higher. Last quarters AMZN's numbers were fluffed up with BS due to the RIVN stake. Prior to the Russian invasion of Ukraine, prior to $6 a gallon gasoline, higher mortgage rates, higher credit card rates. I don't believe this will crater like NFLX however it should see a 10-15% haircut in the days following ER and lowered guidance.
Amazon and on?Amazon - Short Term - We look to Buy at 3080 (stop at 2962)
A bullish reverse Head and Shoulders is forming. A break of 3416 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and volatile.
Our profit targets will be 4162 and 4622
Resistance: 3172 / 3416 / 3762
Support: 2992 / 2805 / 2671
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Netflix post pandemic risk materialized in Amazon and DisneyThe news from Netflix this morning should not be a surprise to anyone, the company's executives had expressed two years ago during the peak of the pandemic that conditions were as good as they would get. With an increasing number of competitors coming under their skirt, Netflix is now reverting to the mean.
It would appear the third generation rule might be validating itself, as Netflix was the innovator and paved the way for other well-capitalized and more diversified competitors such as #AmazonPrime and #DisneyPlus the latter which has been punished for pushing radical progressive policies.
The key difference between Netflix and Disney is a multi-generational all-American brand, it is well entrenched in the global culture and has a massive war chest from diversified physical operations, cruise ships, music parks, and royalties across other entertainment segments.
Amazon has clearly a massive advantage being the owner of the largest cloud service AWS which in fact is used by Netflix for their operations. In essence, you can argue that Netflix is subsidizing Amazon Prime via operating expenses at USD$6B. Amazon Prime asymmetric advantages combined with the largest capital reserves from the largest online store, placing Netflix at the mercy of AWS.
In fact, we forecast that Netflix revenues and cash flows will continue to deteriorate to the point of no return within the next 24 months, placing itself as a target for Amazon.
$BABA, $AMZN 's dirty little secret.NYSE:BABA
Anyone paying attention to $BABA?
Are you considering buying into the $AMZN stock split?
Are you concerned about chinese stock delisting?
Geopolitics, Index fund Managers, lobbying, market reset by the FED's and technical analysis (the psychology of the investor) have a lot to do with what happens in the future.
Did you know that as of 2021, China-based sellers represented 75 percent of new sellers on Amazon, according to a report by Marketplace Pulse. This marks a significant increase from 47 percent in the previous year.
This large segment of China-based sellers on Amazon has not yet impacted the gross merchandise volume (GMV) market share. Domestic sellers are responsible for most of the total sales.
Three-quarters of new sellers in the top four core Amazon markets — U.S., UK, Germany, and Japan — are based in China. That percentage is the calculated average of the four marketplaces, according to Marketplace Pulse analysis of more than 40,000 sellers that joined those Amazon marketplaces so far in 2021.
So what does this mean for the future of $AMZN prices?
Simply, if BABA gets delisted; the revenge from the Chinese government will be major; you think logistical issues, trucker shortages, and inflation is affecting prices? You've not seen nothing yet!
My assumption is that the market reset is going as planned with major impact on Chinese stocks to limit the momentum of Chinese GDP (#2) against the U.S. (#1).
The U.S. needs China just as much China needs the U.S. so the lobbying power of $AMZN and the rest will ensure the continuity of Chinese presence in the U.S. (those max profits are critically needed).
Oooh before I forget, technical analysis:
Daily Chart
EMA (Exponential Moving Average): 20/50/100/200 EMA (everyone and their mama) are pointing downwards ! This spells bad news, especially going into May (a slow market month)
TTM Squeeze: Squeezing to the bottom; momentum to the downside for both $AMZN and $BABA.
Fib Levels: $BABA - with the current red candle crossing below the .618, there is very high probability that the price action will aim for the 1 fib. This will take us to the previous support and low of $73.28 or a possibility of going below that.
Candle Stick: Summary of last 5 candles equate to a bearish movement. The last pairs look like a Bearish engulfing
Pattern: Down by the sea ... off to the Falling Wedge for both $BABA and $AMZN
News: Do I need to add more to the above? Well, with $NFLX taking a whooping on recent price increase policy, do you think $AMZN may face the same fate?
History: The last 2 earnings have resulted in a downward trend even with great numbers. Everyone and their mama is talking about this stock...
Company is worth Trillions and the consumer base love them... hmm... I really need to be buying the bottom.
AMZN Trading Range PatternAMZN is in a trading range and will be stuck there for a while. This is a normal, necessary pattern. Trading Ranges have inconsistent highs and lows. It is very common to have a deeper trough, aka low, as the trading range heads into its final stages. It is still a great company. It just needs to reinvent and pattern out the extremely high revenues from inflated demand via stimulus checks during the Covid Pandemic, which are a big factor in this stock chart.
is Amazon about to fall?After checking in high timeframes (1d, 3d and 1w) and set up pivote zones, resistances and supports and also checked indicators for price-action patterns i got notice that Amazon stonks will be under bearish trend soon. I think there are 2 important dates which AMZN stonks will fall strongly first one in June and the second one in November.
$AMZN Bear Flag DailyOn Amazon's ($AMZN) daily chart there is a bear flag forming. There is resistance at the 9SMA and 21 EMA. If price action breaks through the 9 SMA and 21 EMA, labeled "Resistance" and holds the pattern is broken. Expectations would be to tap the 9 SMA and 21 EMA and retreat. If that happens, there is downside potential at the spot labeled "Projection" additionally at this level there is gap fill.
AMZN Potential For Bearish Reversal | 14th April 2022Price is near the sell entry level of 3121.04 in line with 38.2% Fibonacci retracement. It can potentially dip to the take profit level of 3065.54 lines up with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below Ichimoku cloud indicator.
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.
Elliott Wave View: Amazon (AMZN) Declines in 5 WavesShort term Elliott Wave view in Amazon (ticker: AMZN) suggests the rally to 3417 ended wave x. Wave y lower is in progress with internal subdivision as a zigzag ((A))-((B))-((C)) Elliott Wave structure. The stock is currently within wave ((A)) as an impulse where wave (1) of ((A)) ended at 2992. Down from wave x, wave 1 ended at 3246.39 and rally in wave 2 ended at 3373. The stock then resumed lower in wave 3 with internal subdivision as an impulse in lesser degree. Down from wave 2, wave ((i)) ended at 3265.32 and wave ((ii)) ended at 3289. Wave ((iii)) ended at 3090.23, rally in wave ((iv)) ended at 3175.25 and final leg lower wave ((v)) ended at 3010.69. This completed wave 3 in higher degree. Rally in wave 4 ended at 3102 and wave 5 lower ended at 2992 which completed wave (1) in higher degree.
Wave (2) rally is now in progress to correct the decline from March 29, 2022 peak before the stock resumes lower. Internal subdivision of wave (2) is in progress as a zigzag Elliott Wave structure. Up from wave (1), wave A is expected to complete soon, then it should pullback in wave B before the stock turns higher in wave C to end wave (2). As far as pivot at 3416 high remains intact, expect rally to fail in the sequence of 3, 7, or 11 swing for further downside.
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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.
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
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.