Amazon: Riding the E-Commerce and Cloud WaveAmazon is currently showing promising signs as it forms the right side of its base, presenting an excellent setup for long-term investors. With strong revenue streams from e-commerce and Amazon Web Services (AWS), the company remains a dominant force in multiple sectors. This diverse business model positions Amazon for sustained growth, even amid market fluctuations.
Technical Overview:
Recent price action shows Amazon bouncing off a strong support level around $182.38 , with its 21-day EMA acting as a key indicator of momentum. As it approaches the $200 mark, investors should keep a close eye on these critical levels.
Profit Target: Initial target at $201.20 , with further potential upside to $210 if momentum continues.
Stop Loss: Set just below the $182.38 support level to manage risk.
Indicator Insights:
Using tools like the MTF Squeeze Analyzer - and MTF SqzMom , we notice a squeeze firing on multiple lower timeframes, signaling that volatility is likely to increase. The 4Hour and Weekly timeframe shows a build-up in momentum, suggesting that this could propel Amazon toward the $200+ range. Monitoring these momentum shifts provides an edge in timing entry and exit points for the trade.
Momentum and Market Overview:
With the Larry Williams Valuation Index Indicator, we observe steady momentum on both the daily and weekly charts, supporting a positive outlook. The readings show consistent strength in Amazon’s price action. Notably, the stock has not yet reached its overvalued level , signaling a fair entry point for buyers. This provides confidence that Amazon is trading within a favorable range, with the market continuing to support buying interest.
Additionally, the general market is in an uptrend, as confirmed by the IBD Market School , with 100% exposure currently active and the Power Trend ON . This signals a favorable environment for growth stocks like Amazon.
Final Thoughts:
This trade idea leverages both fundamental strength and technical precision, supported by our indicators available in the TradeVizion toolset. By combining a clear understanding of Amazon’s market dominance with insights from these smart tools, this setup offers a well-rounded opportunity for both short-term gains and long-term growth.
Feel free to explore our scripts, designed to enhance your market understanding without overwhelming you with unnecessary complexity. Whether you’re trading breakouts or managing risk, having the right tools in your corner can make all the difference.
Larrywiliams
L. Williams Natural Range Change CycleHello Traders!
I just wanted to share a tip that is crucial to picking higher odd days.
If you get a small-range candle odds are sooner in the future a large dynamic candle will show itself.
You want to be in the market before these moves occur.
Once a large candle appears do not look for trading opportunities the next day. Odds are you will sooner or later run into a small and less dynamic candle.
No indicators to tell you this natural cycle of range change. It's simple logic.
AUD/USD Smash Day Sell SetupHello Traders!
Once again here is another Larry Williams Smash Day Setup.
Now the price has taken out the 20-day high(BSL).
Yesterday was also a small-range candle, so I want to be in the market before the large cycle starts.
The smash day sell setup is in motion. Let's see what occurs.
I will come back to this.
The close above the 3-8 previous day highs "looks bullish" as if the price is on a tear to the upside.
The fact that the price has taken BSL and now has returned to the candle's low is the chance to go short and hold.
DXY Smash Day Buy SetupHello Traders!
Here we got a small range candle as expected.
The market works in two natural cycles. Small range and large range.
Yesterday's candle was a large range and today is a small range candle.
I am anticipating buying under this down-close candle to keep the up trend going to BSL.
Larry William Smash Day Buy ModelHello Traders!
I am just looking into other models that I view to be valuable.
Larry William Smash Day Models are excellent in my opinion.
Larry said the models are great at finding turning points in the market.
Here we can see how the market looks to be breaking out below a swing low.
However, the price turns around and runs the high of the candle that paints the idea of a breakout lower.
That is the smash day candle!
Price will often show the willingness to trend for "X" amount of days.
This is a model I will get familiar with and incorporate into my swing trading.