AMZNAmazon's earnings are coming out today after the bell. With consumer spending on the decline and key supports at $171, $165, and $161 potentially filling the February 24th gap, the stock faces crucial thresholds. A positive earnings report could propel the stock upward to around $185.by AmyThongbaiUpdated 443
✅AMAZON BEARISH SETUP|SHORT🔥 ✅AMAZON broke out of The rising narrowing wedge And the price is now going Up in a rebound to retest The broken levels above But I am locally bearish Biased and I will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx115
Amazon (Amzn) sold the $188 level. Here's what next...Hello Traders, Skyboxpips here! Amazon stock did a sell off from the $188 level last week to the $173 price level closing out the previous weekly candle bearish. Amazon is doing a retracement for the retest It feels satisfying when predictions play out. Shortby Skyboxpips0
Amazon further correction pendingAmazon is continuing the uptrend within the channel. It is in correction mode and which is required to continue the uptrend.Shortby usastockideas3
Amazon Amazon was trading Bearish for the whole of 2022 into January this year and now we finally turned Bullish on May 15 with a Break in Structure at $113. Our main focus was the Propulsion Block resting at $126 and at the same level we had a Search and Destroy Profile sweeping 143.98 (High) and 126.33 (Low) Our first target is $159 and we looking to make a re entry around the same level. More updates to followLongby Anele_888Updated 0
$AMZN Bearish crab patternSo its not just NASDAQ:MSFT who's in bearish crab reversal zone but also NASDAQ:AMZN Shortby gmajor23230
(NASDAQ:AMAZON) STOCK NEAR KEY IMPORTANT SUPPORT LEVELTHE CURRENT PRICE IS HOVERING ARROUND A CRUCIAL LEVEL SHORT TERM PRICE TARGET $177.19 TO $171.81 Which will dictate its future direction based on market conditions. For Amazon stock, reaching its all-time high for the third time prompts speculation: will there be a pullback, or will it establish strong support around $177.19 (Support #1), potentially indicating a 28% uptrend Breaking the recent record at $189.77 could signal a move towards $244.00, encountering a robust ascending resistance line. Conversely, a downtrend is looming, with the price poised to confirm a potential 15% decline. Breaking below $177.19 might lead to filling the gap from February 1st and 2nd, ranging between $167.33 and $159.76. If this occurs, selling pressure could drive the price down to $144.60 (Support #2). Further analysis would be necessary to ascertain the price's trajectory. Should these scenarios unfold, it's essential to consider the historical context: Amazon experienced significant declines in August 2018 (pre-COVID) and November 2021, averaging around -46.64%, possibly returning to pre-pandemic levels. Here are the key levels to monitor closely, as breaching any of them could signal significant market movements. 1.-Near Key Level: Amazon's stock is currently approaching a critical level, which could determine its future trajectory depending on prevailing market conditions. This indicates a crucial juncture where investors may reassess their positions based on various factors impacting the market. 2.- Third Time All-Time High: Amazon reaching its all-time high for the third time raises questions about the sustainability of its upward momentum. This could either signal a continuation of the bullish trend or potentially trigger a pullback as investors consider profit-taking and market sentiment. 3.- Support Levels: There is mention of a strong support level at $177.19 (Support #1), which could potentially lead to a significant uptrend of around 28%. However, breaking below this support level may increase the likelihood of a downward movement, possibly towards $144.60 (Support #2). 4.-Resistance Levels: Breaking recent resistance levels, particularly at $189.77, could pave the way for further upside potential, with a target price of $244.00. However, reaching strong ascending resistance lines at these levels suggests potential challenges for further price appreciation. 5.-Downtrend Potential: There's a looming possibility of a 15% drop in Amazon's stock price, particularly if it breaks below the $177.19 support level. This could lead to filling a previous price gap and potentially trigger selling pressure, pushing the stock towards Support #2 at $144.60. 6.- Historical Performance: Consideration of Amazon's historical performance, including significant declines in August 2018 and November 2021, averaging around -46.64%, provides additional context for assessing potential future movements. This historical data suggests that Amazon's stock may be prone to significant fluctuations under certain market conditions. 7.- Additionally, it's worth noting the upcoming earnings for Amazon stock, with an estimated EPS (Earnings Per Share) of $0.83. This impending earnings release could significantly impact investor sentiment and contribute to short-term price movements in the stock. 8.-When the price reaches its all-time high for the third time, according to technical analysis (TA), it often signifies a significant level of resistance. This repeated failure to surpass the previous high may suggest a potential barrier to further upward movement in the short term. Traders and analysts may interpret this as a signal to exercise caution and anticipate a possible reversal or consolidation in the price action. Overall, the future performance of Amazon's stock appears to be influenced by a combination of technical factors, market sentiment, and historical patterns. Investors should closely monitor key support and resistance levels, as well as broader market trends, to make informed decisions regarding their Amazon holdings. NFA PLEASE, DYOR/MYOD!! Hope to See your Likes 👍 to Support My Work To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁 Please Re-Evaluate Before Make Your Last Decisions Check my Profile for more.Shortby InsightMarket12
Amazon channel is turning bearish to $134.51 watch outAmazon has had an incredible run. It's moved from $118 to $188 since November 2023. But now it looks like the momentum is starting to slow down. We haven't got a confirmed signal but we see a slow down in buying and the market is at the bottom of the channel. There is still a gap to close and for the this reason, I'm anticipating a fall in Amazon in the next few weeks. THe first target will be at $134.51 and will be a medium term analysis. Shortby Timonrosso3
Amazon DailyShorter term rallies ending left and right, across a wide range of instruments and sectors. Liquidity vacuum.by Badcharts1
AMZN has topped - Apr 18 2024AMZN got a perfect weekly topping candle, followed by a bearish engulfing candle (one more day to confirm) Watch for a dip below the 150 level. Im going to short it very soon, will post it live when I doShortby TheTradersRoom3
(NASDAQ;AMZN) AMAZON STOCK NEAR KEY IMPORTANT LEVELThe current price is hovering around a crucial level, which will dictate its future direction based on market conditions. For Amazon stock, reaching its all-time high for the third time prompts speculation: will there be a pullback, or will it establish strong support around $177.19 (Support #1), potentially indicating a 28% uptrend Breaking the recent record at $189.77 could signal a move towards $244.00, encountering a robust ascending resistance line. Conversely, a downtrend is looming, with the price poised to confirm a potential 15% decline. Breaking below $177.19 might lead to filling the gap from February 1st and 2nd, ranging between $167.33 and $159.76. If this occurs, selling pressure could drive the price down to $144.60 (Support #2). Further analysis would be necessary to ascertain the price's trajectory. Should these scenarios unfold, it's essential to consider the historical context: Amazon experienced significant declines in August 2018 (pre-COVID) and November 2021, averaging around -46.64%, possibly returning to pre-pandemic levels. Here are the key levels to monitor closely, as breaching any of them could signal significant market movements. 1.-Near Key Level: Amazon's stock is currently approaching a critical level, which could determine its future trajectory depending on prevailing market conditions. This indicates a crucial juncture where investors may reassess their positions based on various factors impacting the market. 2.- Third Time All-Time High: Amazon reaching its all-time high for the third time raises questions about the sustainability of its upward momentum. This could either signal a continuation of the bullish trend or potentially trigger a pullback as investors consider profit-taking and market sentiment. 3.- Support Levels: There is mention of a strong support level at $177.19 (Support #1), which could potentially lead to a significant uptrend of around 28%. However, breaking below this support level may increase the likelihood of a downward movement, possibly towards $144.60 (Support #2). 4.-Resistance Levels: Breaking recent resistance levels, particularly at $189.77, could pave the way for further upside potential, with a target price of $244.00. However, reaching strong ascending resistance lines at these levels suggests potential challenges for further price appreciation. 5.-Downtrend Potential: There's a looming possibility of a 15% drop in Amazon's stock price, particularly if it breaks below the $177.19 support level. This could lead to filling a previous price gap and potentially trigger selling pressure, pushing the stock towards Support #2 at $144.60. 6.- Historical Performance: Consideration of Amazon's historical performance, including significant declines in August 2018 and November 2021, averaging around -46.64%, provides additional context for assessing potential future movements. This historical data suggests that Amazon's stock may be prone to significant fluctuations under certain market conditions. 7.- Additionally, it's worth noting the upcoming earnings for Amazon stock, with an estimated EPS (Earnings Per Share) of $0.83. This impending earnings release could significantly impact investor sentiment and contribute to short-term price movements in the stock. 8.-When the price reaches its all-time high for the third time, according to technical analysis (TA), it often signifies a significant level of resistance. This repeated failure to surpass the previous high may suggest a potential barrier to further upward movement in the short term. Traders and analysts may interpret this as a signal to exercise caution and anticipate a possible reversal or consolidation in the price action. Overall, the future performance of Amazon's stock appears to be influenced by a combination of technical factors, market sentiment, and historical patterns. Investors should closely monitor key support and resistance levels, as well as broader market trends, to make informed decisions regarding their Amazon holdings. NFA PLEASE, DYOR/MYOD!! Hope to See your Likes 👍 to Support My Work To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁 Please Re-Evaluate Before Make Your Last Decisions Check my Profile for more. Shortby InsightMarket5
Amazon AnalysisAmazon has taken liquidity to the upside, we at Capital Wisdom see a necessary pullback to lower levels. In our indicators NASDAQ:AMZN is HOLD , we have a big liquidity at $161.21, we have big selling pressure from the insiders, more than $ 8B in selling. Overall Company has healthy profit margins, considering the average of the sector Company has healthy debt considering revenue and cash at disposal If we get a big market correction because of interest rates we could visit $ 120 levels. We see that as the most probable scenario. But if the markets continues to the upside, we see as a possible target the range of $230. If you want more information you can check our website for free. by capitalwisdom2
75: Will Amazon Climb Higher After Bezos' Selling?In a recent move, Jeff Bezos, the CEO of Amazon, has sold $2 billion worth of Amazon stock, raising questions about the company's future trajectory. Bezos sold 12 million shares this week, marking his first sale since 2021. Additionally, Amazon revealed that Bezos plans to sell up to 50 million shares over the next 12 months. This significant sale by Bezos, coupled with his plans for future divestment, raises speculation about Amazon's stock performance. Despite the sale, Amazon's stock has been on an upward trend, closing at its highest level in over two years. Investors are left wondering whether Bezos' selling spree will impact Amazon's stock positively or negatively. With Amazon's stock closing at $174, the potential sale of 50 million shares could lead to Bezos reclaiming his title as the world's richest person. Given Bezos' history of selling shares and the ongoing bullish trend in big tech stocks, there's uncertainty about Amazon's future direction. Traders will closely monitor Amazon's stock performance in the coming months to assess whether it will continue climbing higher or face downward pressure following Bezos' divestment. by Soldi75Updated 6613
Amazon AMZN shortsHello Traders, Skyboxpips here! We posted an analysis prior stating that AMAZON stock will be visting the $188 level. Amazon stock price attempted to do a bullish breakthrough of the 188 level but was met with resistance from the sell pressure. Shortby Skyboxpips1
Amazon (AMZN) Reaching Inflection AreaShort term Elliott Wave view in Amazon (AMZN) suggests the rally from 10.26.2023 low is unfolding as a 5 waves impulse. Up from 10.26.2023 low, wave (1) ended at 155.63 and pullback in wave (2) ended at 144.05. The stock extended higher in wave (3) which is proposed complete at 189.99 as the 1 hour chart below shows. Wave (4) pullback is currently in progress as a zigzag structure. Once wave (4) is complete, expect the stock to extend higher in wave (5). Down from wave (3), wave A ended at 185 and rally in wave B ended at 188.69. Wave C lower is expected to complete at the blue box area of 180.59 – 183.68. This can also end wave (4) in higher degree. The stock should then either extend to new high in wave (5) or else at least rally in 3 waves. Please note however that the 23.6 – 38.2% retracement of wave (3) is still lower at 172.2 – 179. Thus, if the pullback is really in wave (4), there’s a chance that the pullback may become a larger double correction or a larger zigzag structure in 3, 7, 11 swing before ending wave (4) and turning higher.by Elliottwave-Forecast5
AmazonHello Traders, Skyboxpips here! We posted an analysis last week stating that Amazon stock will reach that $188 level. We are at that level awaiting a break and retest to the buy-side to carry forward the bullish trend momentum. That 188 level is acting as a small resistance levelLongby Skyboxpips3
📉 Amazon Peaking?We have a bearish harmonic pattern on the Amazon chart. The pattern calls for a drop. ➖AMZN hit a new All-Time High recently but the week ended up closing red. ➖Seeing the long-term drop in trading volume and related markets, we can predict that soon this bullish sentiment that has been going for months will change. ➖It can happen that the pattern is not yet complete and we see additional growth before the crash. Seeing the bad geopolitical news we have, the crash might start right away, maybe even on Monday. Both scenarios are easy to visualize. Now or then, In ten weeks or just one day, It doesn't matter how long it takes, A correction is underway. Namaste.Shortby AlanSantana7734
🌟📈 AMZN: Amazon on Olympus's Peak!Traders, brace yourselves for an epic showdown with Amazon! 🌟📈 🔍 Critical Juncture: We're witnessing a pivotal moment as Amazon stands at the summit of Olympus. The level at $188.11 has proven its mettle twice before. Will lightning strike thrice? The stakes have never been higher! 💡 Adventure in the Jungle: Embark on a thrilling journey through the Amazonian jungle of trading! With a potential 27% journey to the first buy zone, are you ready for the wild ride ahead? 🔥 Join the Expedition: Venture forth and share your thoughts on this daring expedition! Are you prepared to navigate the treacherous terrain of the market? The jungle drums are beating, and the adventure awaits! 💬 Your Quest Awaits: What's your strategy for tackling this Amazonian challenge? Share your insights and embark on this exhilarating quest with fellow traders! The path to glory awaits those bold enough to seize it! 🎁 Discover the Treasure: Remember, the most insightful comment could unlock a treasure trove of prizes! So don't hesitate—join the expedition and stake your claim to riches in the jungle of trading! 🏆💰by RICHI_CRYPTO_SIGNAL223
Amazon(AMZN)Hello friends In the Amazon share, we see a 5-wave uptrend, all of which have been completed. There is a static resistance in the range of $188, and considering the divergence between waves 3 and 5, we can expect the price to drop. Therefore, with the start of a downward trend and the loss limit of 190 dollars, you can enter the sale transaction. The profit limit can also be considered as 140 dollars. I recommend you to install Trading View software on your phone to support me and see my analysis and support me with your comments and Boost. Be successful and profitable.Shortby M_Gheysvandi116
Amazon - Long - Target 162Amazon expected to hit the levels of 162. The stock is in the retracement levels now and max expected to retrace to the level of 120.Longby Investing_TradingUpdated 131360
Amazon Grows To Over 750,000 RobotsAmazon ( NASDAQ:AMZN ), the e-commerce giant, is undergoing a profound transformation as it embraces automation at an unprecedented scale. With over 750,000 robots now working alongside its human employees, the company is reshaping the future of work in its fulfillment centers. This surge in automation comes as Amazon ( NASDAQ:AMZN ) seeks to optimize efficiency, safety, and delivery speed for its customers. New robot models like Sequoia and Digit are revolutionizing inventory management and order processing, freeing up human workers from repetitive tasks. However, this shift toward automation raises important questions about the future of employment. While Amazon insists that robots are meant to complement human labor, concerns about job displacement and the implications for the workforce are inevitable. Critics argue that the rapid deployment of robots could lead to job losses, particularly in tasks that are easily automated. Research suggests that industrial robots have a significant negative impact on workers, affecting jobs and wages in the areas where they are deployed. Yet, Amazon ( NASDAQ:AMZN ) contends that automation has led to the creation of new skilled job categories within the company. This evolution reflects a broader trend where human employees are transitioning to more complex, nonrepetitive tasks that require higher levels of skill and creativity. Nevertheless, the integration of robotics and artificial intelligence (AI) is reshaping industries and the labor market, presenting both opportunities and challenges. As Amazon ( NASDAQ:AMZN ) navigates these changes, the broader challenge for society will be to ensure that the benefits of automation are shared equitably and that workers are prepared for the jobs of the future. Amazon's ( NASDAQ:AMZN ) journey into automation serves as a microcosm for broader trends in the economy. As technology continues to advance, the key will be to harness its potential to improve productivity and enhance human lives while addressing the societal impacts of automation on employment and income inequality. Technical Outlook Amazon ( NASDAQ:AMZN ) stock is riding on the bullish train with a Relative Strength Index (RSI) of 71.99 indicating room for more growth in the near term. The stock is trading above the 200-day Moving Average. Longby DEXWireNews5
Time to sell AMZN Stock The AMZN stock is still in the uptrend but has put up a number of patterns to sell. Pattern: Deep Crab on H4 Strong resistance at 187 H4 has a double top with divergence. Shortby JD_TeenTrader223
The Fall of AMZNAMZN has negative divergence. The pattern is a rising wedge but the RSI has been sloping downward. With earnings near, this play could defy gravity. I’m viewing this set up as merely a squeeze. I’m going to wait until earnings, influences the direction and then ride pony in that direction. by kingjtimothy114