Amazon to Retest Key Level Amazon
Short Term - We look to Buy at 3200 (stop at 3080)
Preferred trade is to buy on dips. 20 1day EMA is at 3161. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 3200.
Our profit targets will be 3539 and 3751
Resistance: 3500 / 3700 / 4000
Support: 3200 / 3000 / 2700
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Amznlong
$AMZN stock split 20-1 worth it?$AMZN surge up after announcing the 20 for 1 split making all the investors turning their eyes for bullish move.
if you remember when TSLA split last year, making the stock moves about almost $100 in one day. but with AMZON the average move
per day is about $30-60 per day and this could double if wallstreet decides to pump AMZN to get retail investors attention.
but keep in mind, last year FEDS haven't make any move yet on interest rate compared now. also with geopolitical issues going on market
tends to be vert unstable and choppy making hard to predict the move.
technical analysis wise, AMZN is still bearish in my opinion if you look at the daily chart.
if you look at it on smaller time frame, AMZN just entered the squeeze and pushing back up.
here my ideal play to enter.
Day trade or scalp target play: 03/ 11 /22
Buy call above 2968.30 sell at 2980.72 or above
Buy puts below 2891.30 sell at 2879.74 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
AMZN Overweight rating from JPMorgan ChaseIf you haven`t bought the June 2020 dip here:
Than you should know that on 2/4/2022, Doug Anmuth from JPMorgan Chase & Co. Boosted the Price Target of AMZN to Overweight from $4,350 to $4,500
I think they included a stock split on their so bullish approach though.
Looking forward to read your opinion about it.
AZMN the only giant who hasn`t made a stock split (yet)If you haven`t bought the dip:
Then you should know that AMZN is the only giant who hasn`t made a stock split yet.
Alphabet Inc. announced a 20-to-1 Stock Split yesterday.
And you all know how appealing were Apple , Tesla and Nvidia for retail investors after the stock splits!
My short term price target is $3150.
Looking forward to read your opinion about it.
Amazon Analysis and Market PredictionHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Amazing has been under a correction wave that affected the entire stock market, the stock price dropped from 3420.58 to 2714.06 in 2022 so far. with a bigger bearish movement to be expected in this year so we can tell that prices have been falling strongly lately, it is better to avoid new long positions here.
AMZN is part of the Internet & Direct Marketing Retail industry. There are 85 other stocks in this industry. AMZN outperforms 85% of them, and AMZN has an average volume of 3392180 This is a good sign as it is always nice to have a liquid stock.
Both the long and short-term trends are negative. It is better to avoid buying stocks with negative trends.
AMZN is currently trading in the lower part of its 52-week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52-week range.
Possible market movement :
AMZN is currently trading at 2792.75 with the market closing green yesterday, but we are still in the danger zone with different technical indicators giving us Bearish signs.
The markets seems to be headed to the support line located at 2639.83 where we might see a bounce back up if the Bulls were able to take control over the market, but the bulls might try to do an early push as we have seen some signs of a Bullish movement, and the first target will be the resistance level located at 2966.49, and at that level, a battle will happen between the Bulls and Bears over control that will determine the direction of the market.
Technical indicators show:
1) The market is below the 5 10 20 50 100 and 200 MA and EMA (Strong Bearish Sign)
2) The RSI is at 23.25 and now trading in the oversold zone which could indicate a small push in the value of the stock.
3) The ADX is at 39.26 showing a trending market, but a negative crossover is showing between DI+ (9.48) and DI- (36.93).
Support & Resistance points :
support Resistance
1) 2714.64 1) 2871.97
2) 2651.85 2) 2966.49
3) 2557.32 3) 3029.29
Fundamental point of view :
AMZN has a Return On Assets of 6.87%. This is better than the industry average of -3.74% and the Profit Margin of 5.73% is amongst the best returns of the industry. AMZN outperforms 81% of its industry peers. The industry average Profit Margin is -4.08%.
When comparing the current price to the book value of AMZN, we can conclude it is valued correctly. It is trading at 11.75 times its book value and The Earnings Per Share has grown by an impressive 49.69% over the past year.
The Federal Reserve is clearly out to tame inflation and reckons a "historically tight" labor market gives it plenty of room to raise rates without hurting jobs growth, January jobs data out Friday will likely confirm that view. Economists polled by Reuters forecast the U.S. economy created 238,000 new jobs versus 199,000 in December when the employment rose less than expected due to worker shortages.
Proof of a tighter jobs market and wage gains may fuel further bets on how aggressive the Fed will be, markets now anticipate roughly five quarter-point rate hikes by year-end.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
AMZN LONG - Further DCA HereAnother great opportunity to DCA on AMZN in my opinion.
Weekly MAs catching up providing support, trading at long term fib levels, bullish diverfences on the daily. Looking at historical price action we can see the opportunity this presents.
Of course still downside risk!
** NOT TRADING OR FINANCIAL ADVICE **
Amzn long and profit taking ideaRandom drawings on a chart. $amzn over the last ~18 months; The goal is to catch the bounce and exit before the crowd does. It seems to "normally" take 15-45 days from the bounce to the middle of the channel. The yellow trend lines mark the areas in which I'd step out of the position and take profits. If there's any large catalyst, like a split (fingers crossed), I'd hold until we hit major numbers like $4000 and then start taking profit from there.
Amazon stock analysisAmazon stock analysis 2022/01/06
Hello Guys how are you ?
Today I will share with you my analysis of the Amazon stock
What you can see is that the price channel is in an uptrend
And now the price is touching the bottom of the price channel
And we can enter into a purchase transaction
The stop loss will be at 3114.46
And take profits in the year 3578.62
AMZN A8 Monthly Squeeze Setup in January EFFECT There is a massive a8 monthly squeeze developing in AMZN. From the chart the TTM uses two length settings: default 20 and user-defined length of 12. The monthly chart also displays a purple darvas channel which implies the next move (up/down) will be directional with greater than expected momentum. AMZN target price of $4027 or higher $4684 (fib 1.618 extension ) is expected for month of January or February. Timing the exact month may be challenging, so it is recommended to position in either january monthlies (aggresive), feb monthlies (less aggressive) or march monthlies (conservative). Next month January 2022 is seasonal strong for small cap companies; however, some large caps may also participate. At this time or writing, amzn is trading slightly under the 21 day moving average. Historically whenever amzn is positioned under the 21 day ma, a greater than expected move of 3 to 5% can be assumed.
$AMZN Possible 36% Gain?Will $AMZN repeat its last pump?
Lets take a look....
What we know from the last pump...
Clear Bullish RSI Divergence
Clear longer term upwards squeezing
19 Month Consolidation
How are we currently looking?
Right now we have great upward squeeze happening.
$AMZN has been consolidating for the past 17 months.
Along with this a very common Bullish pattern has formed known as a Double Bottom.
We also have strong Bullish RSI Divergence along with volume thinning out on the MACD.
Having volume thin out like this over an extended period of time means a big move is coming....
A great buy signal would be once prices break ATH's and either wait for a retest of the previous trends resistance creating new support or seeing very high buying volume.
I have marked out my personal TP's using the Fib Retracement tool.
Trade at your own risk as this is not financial advice but educational advice.
Trade safe, Trade smart, Trade patiently
Feel free to let me know what you think in the comments !
AMZN - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( AMZN ) !
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4 HOUR
Market turning, good long setup!
DAILY
Looking for more bullish pa within the next few weeks.
WEEKLY
Great market structure!
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STOCK SETUP
BUY AMZN
ENTRY LEVEL @ 3412.83
SL @ 3235.02
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
LONG AMZN
I AM NOT UNCERTAIN
AMZN has been moving sideways over more than 400 days now... It's time this monster wakesup....
It has good technical set up as well to play...
The trade idea in chart is just for educational purpose. Before playing anything contact your financial advisor..!!
NASDAQ:AMZN