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AMZN

AMZN - Attractive Area!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AMZN is overall bullish trading above the brown trendline and now approaching it again acting as non-horizontal support. Moreover, the blue area is a demand zone as we previously had an aggressive movement upward from it. So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of demand zone and the brown trendline. As per my trading style: I will be looking for potential bullish reversal setups on lower timeframes (like a double bottom , trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:AMZNLong
by TheSignalyst
9
Market bounce time!Chart self-explanatory. Everyone expected that rates will crash market and it didn't. This is something I actually envisioned would happen is that the market is actually going to go up. We need getting too much expectation on crash that actually it won't happen! this is the motto and the play the market has been playing all along and.... funny it works! Long the fear... as long the fear news is strong and the expectation of crash is strong. You can bet your house that we are going up and it's a matter of the market creating an atmosphere that doesn't make people long. In other words Market is trying to lower it's payouts on longs by pushing people away from longing. Proven psychological play. Since covid started it has been the same play,
AMEX:SPYLong
by WizdomSeekerr
4
$AMZN Key Levels, Analysis, & Targets $AMZN Key Levels, Analysis, & Targets I do believe that there will be some upside here… Yesterday’s reversal candle, and with followthrough today and tomorrow could send AMZN up to fill that gap… up to about 2900… Though I don’t believe the market is done falling as that may take many many more months and possibly years, I do think there’s a good relief rally brewing here before the next move down in the overall market… AMZN is starting to look like a buy and I’ll likely start accumulating shares/selling some puts later this week… I just want to see some follow through on that reversal candle… Just need a little more confirmation and then looking for a 16-20% move… Let me know your thoughts…
NASDAQ:AMZNLong
by SPYder_QQQueen_Trading
3
AMZN D2:40% CORRECTION PT BEARS 1500USD SHORT IT(SL/TP)(STOCKS)Why get subbed to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates AMZN D2:40% CORRECTION PT BEARS 1500USD SHORT IT(SL/TP)(STOCKS) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: AMZN 2daily chart review and outlook ::: maxed out already ::: Currently DISTRIBUTION already completed ::: we broke down on heavy volume ::: this is NASTY looking chart ::: BAD for the BULLS / stay out ::: FED rate hikes incoming / FED PUT is GONE ::: short sell in may and go away ::: recommended strategy: SHORT IT / STAY OUT ::: up to 40% correction still possible from here ::: fair value for AMZN is 1500/1750 USD ::: DO NOT BUY/HOLD here this is NOT A DIP ::: This is stock market meltdown in progress ::: be careful / don't get ran over by the FED 🔸 Supply/Demand Zones . N/A RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NASDAQ:AMZNShort
by ProjectSyndicate
24