Amznshort
ANALYSE: AMZN, ORDER: BUYafter all inotice on the chart probable the trend go up after rupture the strong test line
AMAZON - the rich will become richer! 🤑Good day to all! Indeed, the really rich will become even richer! Let's analyze the stocks of AMAZON.
For a long time, the stock price moved inside the upward channel. Marked on the chart. In 2018, this upward channel was broken in a downward price movement. As a result, another upward channel was formed. Inside, which price moves in a five-wave growth pattern.
At the moment, the price is moving in the third wave with the likelihood of continued growth to the level of 2802.04 or the upper boundary of the rising channel. Locally, the price moves inside the local upward channel (marked on the chart).
In case of breakdown and consolidation below the middle border of the channel, the price will continue a downward movement to its lower border.
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Disclaimer!
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
Amazon weekly, 30% drop ?We have just recent established a upper trend line.
The fib 1.618 from previously high/bottom is at 2520.
Target would be 1750 area, but depends on tempo
Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
Gap fill speculative short$AMZN Price action has distributional characteristics and the gap fill looks like a good entry (LPSY in Wyckoff methodology) for a markdown phase. Next hourly candle should confirm or void the idea.
AMZN - SHARKAMZN - SHARK
Month starts with a huge gap down and weekly chart has evening star pattern , daily chart has range breakdown, and hourly suggests shark pattern to unfold.
All time-frames are in sync
Time to fall
Do not follow blindly, do your own research please
#AMZN expectation for 30/04/2020High Probability for the #AMZN going down to "2311.5" if the price break the 2363.26 However if bread the 2380 then will going up the "2414.05"
Strong bearish Signal | Sell AMZNHello everybody, please follow and support my analysis with a like.
AMZN is giving strong short term bearish signal for today's session. Sell AMZN
AMAZONHI EVERY ONE
Amazon's stock hit resistance levels. And it goes down as far as the arrow shows.
GOODLUCK.
Amazon Earnings History vs. RSIAmazon has skyrocketed, taking the S&P with it. But what has Amazon done in the past in these overbought situations right before earnings? Every time the RSI has been at this level in the past couple years, the stock has corrected when the earnings came out. Granted, it has rallied back extremely well every time. I expect a dip this time for sure, especially considering the speed at which it has taken off. Historically, this is a pretty good bet to "buy the dip" if a correction does come. Short for now. Long after correction.
No, I do not have a price target. The market inconsistencies make it nearly impossible to determine how people will react to any sort of news (ie 26m people unemployed, global oil crisis, S&P gaining like crazy).
Amazon Completed Triangle, Now DownwardsCompleted ascending triangle pattern. Price could be in parallel channel. If so, price can drop to and bounce at the intersections of the yellow lines.
Sept 2020: possibly $2012 or $1735
Sept 2021: possibly $2012 unless price breaks below channel.
AMZNA game plan with patience helps with consistency! This still is playing out nicely and following my initial thoughts of seeing a 5 wave move down for an overall corrective wave 4 (blue “iv”) of the overall up move.
Looking like today is a corrective wave (4) within leg c down of this pattern. Again, I don’t like trading retrace waves, as you can see the market can toss you around pretty good and if doing options, say bye-bye to premium (another reason why I trade further out in time).
Still sticking to this game plan. I think we can still see a wave (5) down to the bigger demand zone around 2250. The primary demand zone, in green, is a gap fill zone but I’m not sure we will go that far as aligning with the fib levels, the 2250 area coincides right with the lesser degree wave 4 (#4 circled in white). With wave theory, corrections tend to retrace to a lesser degree wave 4. That aligns with fib retrace between .236 and .382 and ADDITIONALLY aligns with length of C down equal to 1x to 1.272x the length of A (yellow fib lines).
Game Plan: should see micro a - b - c wave for white wave (4). From there, I’ll watch to see if it drops for wave (5). From there, will look for price action (the 1 - 2 wave out) to start for wave “v” up (in blue).
.... please let me know if these are too long or if they are helpful! And feel free to ask or send me a message about anything, even if you completely disagree! Collaboration is always good!
AMZNThis is playing out pretty nice. We saw first down to demand and saw a bounce back up to the 786 retrace making a lower high (some confirmation of being in corrective phase). Now if that was wave (b), we should see 5 waves down for (c). Overall, a typical wave iii retrace is between .236 and .382 (my blue fib lines). These happen to be in somewhat good alignment with a typical a - b - c projection with c ending between 1x to 1.272x wave a. To add more alignment, we can see there are two good demand zones where all of these projections come together!
I don’t like to trade retrace, but if you want to do a small risk I would look to enter a short as it looks like we are creating a wave 1 - 2 down. For me, I’ll be watching for completion of wave c down, specifically will look for a 1 - 2 wave base to build coming out of a demand zone indicating the beginning of a 5 wave impulse up for overall wave “v”.
Time to take profit in Amazon for swing tradingTime to take profit in Amazon for swing trading. and watiting voor better moment to Buy.
4.17.2020 AMZN Strong bearish divergence all the way to Monthly Amazon super strong right now, maybe overbought?
We all know sales are up, but are they up 12% from high in Feb 10th?
Might see some pullback before further upside.
-NFA
AMZNTook an entry around 2038 and rode wave 3 of (3) up. Ending right in supply zone so exited my longs. Will look for a retrace for wave 4 of (3) for next price target!
AMZN Rising Wedge ~ BearishAmazon has formed a bearish rising wedge
I have included some fib spirals predicting tops and .236 as a possible bottom
Looks good for a short!
Learnt impulsive and responsive waves from Kinnari_Prajapati, thankyou.
AMZN working hard or hardly working?AMZN has proven itself to has bullish features, but is that momentum slowing down? MA's indicate so, for now, momentum can be seen to be slower than the normal rapid bullish movements that are seen. This momentum will resume once MA's decide on a direction whether it be upwards and continuation of this very weak upward trend or breakdown to begin a new respectable move upward. I would either go long on this or short it.
