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Amznshort

Amazon: Short Off of Earnings? Amazon - Short Term - We look to Sell at 3230.10 (stop at 3385.05) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 3200.00. 50 1day EMA is at 3200. The 50% Fibonacci retracement is located at 324.59 from 3762.15 to 2708.83. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 2708.83 and 2635.00 Resistance: 3000.00 / 3200.00 / 3700.00 Support: 2700.00 / 2500.00 / 2200.00 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:AMZNShort
by Saxo
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.
NASDAQ:AMZN
by GabiDahduh
WATCHING $AMZN to 3168WATCHING $AMZN to 3168 I you’re buying this high up - good for you. I wish you the best… but for me it makes no sense to be long this high up. I have target 1 as 3168, and target 2 as 2845 But going further out into time, I’m looking at 2562 into next year GL, and let me know your thoughts!! Where are you selling your puts? —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
NASDAQ:AMZNShort
by SPYder_QQQueen_Trading
5
Amazon | Fundamental Analysis | Must Read...Earlier this year, Amazon made the shocking statement that founder Jeff Bezos would step down as CEO starting in Q3 2021. According to Amazon's announcement, the post will be filled by Andy Jassy, who earlier managed the company's fast-growing cloud computing business. Given that Bezos will have to live up to his class, the pressure is on. Next week, when the e-commerce giant reports its third-quarter results, investors will be able to see how well the company operated under Jassy's leadership during his debut quarter as CEO. Ahead of Amazon's critical Q3 earnings update, here's a preview of the earnings report and a look at how attractive growth stocks could be in the run-up to that update. When the e-commerce and cloud computing heavyweight presents its earnings report this Thursday, investors will be watching closely to see how well Amazon can match the performance of a year ago, when revenues rose sharply as many consumers around the world were forced to stay home. In its second-quarter earnings statement, Amazon executives projected third-quarter revenues of $106 billion to $112 billion. That explicates to revenue increase of 10 percent to 16 percent, a significant slowdown from 27 percent growth in the previous quarter and 37 percent growth in the year-ago quarter. Analysts seem mostly convinced that the midpoint of Amazon's forecast range was too conservative. On average, analysts are predicting that third-quarter revenues will be at the high end of the company's forecast range. While the company's reported earnings growth rate is certainly worth checking out, the bigger question that probably worries many investors is whether the stock is a good buy today. While it's difficult to say where the e-commerce giant's stock will move anytime soon or even after its third-quarter earnings report is released, investors can take a look at Amazon's stock valuation to see if it seems attractive relative to the e-commerce giant's long-term potential. Despite the company's tremendous market cap of more than $1.7 trillion, a case can be made that the stock looks like a good buy at this level. Consider that Amazon's price-to-earnings ratio of about 60 is actually quite cheap, given the company's top-line performance and its firmly growing operating margins. Thanks to strong revenue growth and rising operating margins, Amazon's business model exhibits significant operating leverage. This means that over the long term, earnings per share could grow faster than revenues. In fact, that's exactly what analysts expect. According to the analysts' consensus forecast, Amazon's earnings per share will grow at an average annualized rate of 37% over the next five years. Given management's outlook for strong double-digit revenue growth in the third quarter - even if Amazon faces tough comparisons to last year - and the company's clear operating leverage, Amazon stock looks like a good long-term buy today. No doubt, investors should keep a close eye on Amazon's revenue growth rate. If it slows faster than projected, it could mean that analysts (and investors) are overestimating the company's long-term potential.
NASDAQ:AMZNShort
by FOREXN1
45
AMAZON Potential Bullish ReversalAmazon saw a sharp sell-off last week after its earnings report. Despite AWS and its ads business seeing incredible growth, the growth in their e-commerce core business seems to be slowing down. For this reason, the stock fell more than 8% on Friday. This is very surprising to me as I expected the market to have priced in this scenario. After all, as the economy opens up, people will want to go out and spend money on other activities rather than buying stuff on Amazon during the lockdown. Nevertheless, the price is testing the support level of the channel trend right now. Keep a close eye on the two support levels indicated in red. As long as we hold these support levels there's a good chance a bullish reversal will play out. On the other hand, if we break these support levels, expect more downside.
NASDAQ:AMZNLong
by EmpowerTrader
2
AMAZON:FULL FUNDAMENTAL ANALYSIS|SHORT SETUP SCENARIO 🔔Amazon's stock price fell almost 8% on July 30 after the company released its second-quarter earnings report. The company's revenue growth did not meet analysts' expectations, and the company reported a lower-than-expected earnings outlook for the third quarter. Amazon's fall weighed on other e-commerce and cloud stocks, as the company is considered an indicator of both markets. Many Wall Street analysts have also quickly decreased their price targets on the company's stock, citing difficult upcoming market comparisons in the wake of the pandemic. Let's take a look at the major conversations surrounding Amazon, find out who has the upper hand, the bulls or the bears, and whether the company is still a worthy investment. Amazon's revenues increased 27% year over year in the quarter to $113.1 billion, but they fell short of Wall Street's average forecast by nearly $2 billion. The company anticipates its revenue to rise only 10%-16% year over year in the next quarter, while analysts were expecting 24% growth. Amazon attributes the slowdown to difficult comparisons with the pace of online shopping growth caused by the pandemic a year ago. During a conference call, Amazon Chief Financial Officer Brian Olsavsky said that since last May, revenue growth "jumped to 35% to 45% and stayed at that level until the first quarter of this year, when growth was 41%." But starting in the second quarter, Amazon "began to slow down during a period of strong sales last year, and the rate of revenue growth for the year has declined." Olsavsky foresees the slowdown to continue as "vaccines are becoming more available in many countries and people are getting out of their homes." He also noted that Amazon's average spending per Prime member "is down from the spending seen during the peak of the pandemic." Amazon's accelerated growth during the pandemic and its subsequent slowdown make it difficult to estimate the company's near-term growth. So instead of focusing on hard year-over-year comparisons over the next few quarters, Olsavsky advised investors to look at the two-year annualized growth rate. Olsavsky noted that before the pandemic, Amazon's earnings were up 21% for two years. But after smoothing out the volatility associated with the pandemic, Olsavsky still expects Amazon's two-year annual growth rate to be 25%-30%, indicating that its core businesses are still strong. Amazon's long-term growth seems stable, but the main drivers of growth are changing. In the e-commerce segment, third-party sellers accounted for 56% of total paid units in the second quarter -- up from 53% a year ago -- and they continue to bring significantly higher sales growth than primary sellers. This change is troubling because Amazon has already faced quality control problems in its third-party marketplace and persistent complaints about counterfeit products from overseas sellers. Amazon's second-quarter revenue growth would have been even slower without the help of Amazon Web Services (AWS), the world's largest cloud infrastructure platform, and its advertising business. AWS revenues rose 37% year over year to $14.8 billion, which is 13% of Amazon's total revenues, and its operating income rose 25% to $4.2 billion, which is 54% of Amazon's total operating income. Revenue from the "other" segment - which mostly consists of advertising revenue - rose 87% year over year to $7.9 billion, or 7% of Amazon's total revenue. If you exclude AWS and the "other" segment from both periods, Amazon's second-quarter revenue would have grown only 22% year over year. Going even further and excluding all third-party vendor services, the company's revenue would have grown only 17% year over year. Andy Jassy became new CEO in early July, but he has yet to provide a clear plan for the company's growth. Jassy previously led AWS, so Amazon's main profit driver - which subsidizes the growth of its low-margin retail business - is clearly in good hands. Amazon's retail business, however, still faces serious challenges. Supermarkets like Walmart and Target have gotten better at matching Amazon's pricing and delivery capabilities, reliance on third-party sellers remains a double-edged sword, and the company is under pressure to raise wages and improve warehouse conditions. Shopify remains a major threat as it effects independent sellers to set up their online stores, and niche marketplaces like Etsy are pulling away shoppers who want more unique gifts. Amazon also needs to expand aggressively overseas to drive new growth and reduce its reliance on an oversaturated U.S. market - but it is struggling to draw customers away from entrenched regional leaders such as MercadoLibre in Latin America and Sea Limited's Shopee in Southeast Asia. Jassy may have to address these problems over the next few quarters to assure investors that Amazon is not losing its edge in the burgeoning e-commerce market.
NASDAQ:AMZNShort
by FOREXN1
2