AMZN LONG ABOVE 180Watching this potential breakout here as long as price holds above the orange circle to target 230. Void below 180.Longby Jovan8887
AMAZON - POTENTIAL BULLISH TRENDTrend bullish on 1H and 4H Bearish divergence on three previous HH but it's still making a series of HHs and HLs. Also, it doesn't have a bearish divergence on the most recent HH. Therefore, I feel it's going to continue the trend and I'll buy it once it breaks the previous HH. Entry - Buy Stop - 196.00 Stop Loss - 189.00 TP1 - 203 TP2 - 210 No leverage tradeLongby mhmd_aleee6
How to Trade with the Island Reversal PatternHow to Trade with the Island Reversal Pattern Price action analysis serves as a pivotal methodology in financial markets, offering a means to assess and determine the future price movements of various assets, including stocks, currencies, and commodities. Among the many tools employed within this method, the Island Reversal pattern stands out as a significant indicator of potential trend reversals. What Is an Island Reversal Pattern? The Island Reversal is a technical analysis pattern that signals a potential trend reversal. It typically occurs after a strong uptrend or downtrend and is characterised by a gap in price action, isolating a group of candlesticks. The pattern suggests a shift in market sentiment, indicating that the previous trend may be losing momentum. How to Spot an Island Reversal in the Chart To identify the setup, traders pay close attention to the following characteristics, which can manifest in both bullish and bearish market conditions: Strong Trend: - Bullish: This pattern often materialises after a prolonged downtrend. It signifies a potential price change to the upside. - Bearish: Conversely, in a bullish market, the pattern emerges following a sustained uptrend, suggesting a possible change in a trend to the downside. Gap in Island Reversal: - Bottom Island Reversal: In a bullish context, there is a gap down, creating an "island" of isolated candlesticks, indicating a shift from bearish sentiment to potential bullish momentum. - Top Island Reversal: For a bearish reversal, there is a gap up, isolating a group of candlesticks, signalling a transition from bullish to potentially bearish market sentiment. Isolation: - Bullish Island Reversal: The gap is created by an upward movement that is isolated from the surrounding price action, forming the characteristic island formation. - Bearish Island Reversal: In a bearish context, the gap is formed by a downward movement that does not overlap with the previous, creating a distinctive island formation. How to Trade the Island Reversal Traders employing the setup adhere to a systematic strategy for identifying and capitalising on a potential change in a trend. Patiently awaiting confirmation of the reversal through subsequent price action, traders enter the market upon the break of isolation, where the price decisively moves below (for a bearish scenario) or above (for a bullish scenario) the isolated island. Profit targets may be set by considering key support and resistance levels to potentially enhance precision. The placement of stop-loss orders just above or below the pattern is a critical risk management component. Traders carefully assess the risk-reward ratio to align potential profits with associated risks. This holistic approach reflects a commitment to disciplined decision-making, combining technical analysis and prudent risk management in navigating the complexities of financial markets. Live Market Example The TickTrader chart by FXOpen below shows a bearish setup. The trader takes the short at the opening of the new candle below the Island. Their stop loss is above the setup with a take profit at the next support level. The Bottom Line Although the Island Reversal is a popular technical analysis tool, it's crucial to wait for confirmation and consider other technical indicators to potentially increase the probability of an effective trade. As with any trading strategy, risk management is key to mitigating potential losses. Always adapt your approach based on the specific conditions of the market and use the pattern as one of several tools in your trading arsenal. To develop your expertise, open an FXOpen account to trade in numerous markets with exciting trading conditions. FAQs Why Is Risk Management Important When Trading the Island Reversal? The pattern is considered a strong signal of a change in the price direction, but like all technical patterns, it is not infallible. There is always a risk that the pattern may fail to lead to the expected price movement. Effective risk management helps limit losses in case the trade doesn't play out as anticipated. Should Traders Solely Rely on the Island Reversal for Trading Decisions? No, traders always wait for confirmation and incorporate other technical indicators to potentially enhance the probability of an effective trade. The pattern should be regarded as just one of several tools in a trader's toolkit. Is There a Platform Where Traders Can Apply Their Knowledge of the Pattern in Live Markets? Yes, traders can explore FXOpen’s free TickTrader trading platform to trade in over 600 markets and apply their understanding of the pattern in practical trading scenarios. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen4439
AMAZON STRONG BREAKOUT|LONG| ✅AMAZON is trading in an Uptrend and the stock broke The key horizontal level Of 190.96$ so we are Bullish biased and after a Local pullback we will be Expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx117
Amazon - Buying Pullbacks & Cyclical High Expected SoonHere is what I am watching on Amazon. -We need to be aware that there is bearish divergence setting up on the quarterly, monthly & weekly charts. HOWEVER, this divergence is not yet confirmed, and is therefore not actionable trade intel at the present moment. We need to monitor these divergences, because if they confirm, they imply significant price moves in Amazon share price. -MAC strategy for the Quarterly, Monthly & Weekly charts remain bullish. Any pullbacks into the bottom of the MAC are BUY opportunities. I do not blindly buy the bottom of the channels, but utilize lower timeframe entry techniques at these levels to trigger into a position. We are still BULLISH Amazon. -Cycles suggest that Amazon could put in a cyclical high any time between now and October 10th, before putting in a major cyclical low at the end of October. I would like to see this play out to provide us with nice buy opportunities at the bottom of the MAC's.Long08:25by Tradius_Trades5
$NFLX $AMZN $IBM $IWM $NFLX - option watchlistOPTIONS WATCHLIST 9/22/24 NASDAQ:AMZN - Stock making a bull flag on a daily time frame. Looking for a break towards new highs. Calls above $192 should do. Stock is strong on indicators with a big volume candle on friday. NASDAQ:COST - Stock to benefit from rate cut. Stock bouncing off trendline support. Next resistance at $930. Calls above $910 for a move towards $930. Stock has earnings on thursday could be a good pre earnings play. NYSE:IBM - Stock is consolidating around all time highs. Needs to break $220 for more highs. Stock is overbought on multiple time frames on RSI. could see pull back if $212 fails. Outs below that level. AMEX:IWM - ETF failing another retest of $225 resistance level. Looking for a breakout above that level. Stock is strong on a daily and weekly time frame. On high watch.” NASDAQ:NFLX - stock again failing to hold $705 level. Making that U -shape on a daily time frame. Looking for calls above $705 with some resistance at $708 then $720. If it fails to hold $695 then puts. Stock is decent on indicators by TheStockTraderHub0
AMAZON bull run started?According to my view Amazon is ready to continue with the trend,however alot of traders are trying by all means to goo against the trend,I never goo against the trend unless I see a clear change of direction,all stocks that I shared this year are 100% accurate don't goo against the trend because you know how to draw graph n just decided to draw any how make sure your thing match n following the valid trend don't fold,although people's love challenges they always want to test things don't be part of 90% be part of 10%.Longby mulaudzimpho2
AMZN: Buy ideaBuy idea on AMZN as you can see on the chart if only if we have the breakout with force the vwap and the resistance line by a big green candle.Longby PAZINI192
AMZN is on accumulation phaseReady for bull run but just wait for Interest rate hike. It's quite positive on bull runLongby JobZZ2
AMAZON SHORT FROM RESISTANCE| ✅AMAZON is set to retest a Strong resistance level above at 191.75$ After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 184.00$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx111
Amazon Increases Wages, Adds Free Prime Perk Amid Stock SurgeAmazon (NASDAQ: NASDAQ:AMZN ) recently announced a series of moves aimed at benefiting its U.S. warehouse and transportation workers, while also preparing for the crucial holiday season. The e-commerce giant is boosting its average hourly wage for warehouse employees to over $22 per hour, up from around $20.50, in response to labor demands and to improve worker retention. In addition to wage increases, Amazon will introduce a free Prime membership as part of employee benefits starting early next year. Prime, which costs $140 annually, offers services such as expedited shipping and access to a vast library of video content, among other perks. This pay raise comes on the heels of Amazon’s announcement last week that it would also increase wages for contracted delivery drivers, lifting pay to around $22 per hour. Amazon has committed to investing $2.1 billion into its third-party logistics program this year, underscoring the company’s efforts to remain competitive in a tight labor market. Overview The timing of Amazon’s wage hikes is strategic. With the company’s annual Prime Day-like sales event set for October 8-9, and the peak holiday shopping season approaching, Amazon is positioning itself to attract and retain workers who are crucial for managing the influx of online orders. By enhancing its employee package, Amazon not only addresses internal pressures for better working conditions but also boosts employee morale, potentially improving productivity during its busiest period. Amazon's decision to offer free Prime memberships to employees is a notable move as it seeks to enhance its benefits package. Prime has long been one of Amazon’s key revenue drivers, with over 200 million paying subscribers worldwide. The inclusion of Prime for employees further aligns Amazon’s workforce with its services, fostering loyalty and reducing employee turnover. However, this decision comes amid growing pressure from labor unions. In June, the Amazon Labor Union—the first organized labor group at a U.S. Amazon warehouse—voted to affiliate with the International Brotherhood of Teamsters, signaling a strong push for improved contracts and conditions. While Amazon has resisted widespread unionization, the wage hikes and enhanced perks appear to be part of its strategy to appease workers without succumbing fully to union demands. Technical Outlook On the technical front, Amazon’s stock is currently trading up 1% and showing promising signs of bullish momentum. The stock's relative strength index (RSI) stands at 59, which suggests the stock is nearing a cooling-off period, yet remains in a solid position for further upward movement. Over the past few weeks, NASDAQ:AMZN has broken free from what appeared to be a declining trend pattern, potentially signaling a reversal into bullish territory. The recent wage hike news, coupled with the interest rate cuts announced by Jerome Powell, has likely fueled investor optimism. The rate cut eases borrowing costs, making it more favorable for businesses like Amazon to maintain operational liquidity, especially when expanding their workforce or investing in logistics infrastructure. This dovetails with the company’s preparation for the upcoming Prime event and holiday shopping season. If Amazon (NASDAQ: NASDAQ:AMZN ) continues its upward trajectory, the stock could breach higher resistance levels in the short term. The current RSI suggests that the stock isn’t overbought, and with positive sentiment around the company’s proactive approach to labor issues, NASDAQ:AMZN is well-positioned for continued gains. However, investors should keep an eye on broader market trends and any developments around labor union activities, which could impact Amazon’s cost structure moving forward. Conclusion Amazon's wage hikes and the introduction of free Prime memberships come at a pivotal moment for the company, as it ramps up for its busiest period of the year. These moves strengthen the company’s labor force and provide a buffer against union pressures. Technically, the stock appears poised for further growth, with the RSI indicating room for more upward movement, especially in light of favorable macroeconomic factors like the Fed’s recent interest rate cuts. Amazon is making bold moves to maintain its leadership in e-commerce while addressing internal and external pressures, setting the stage for a potentially strong performance in both the labor market and on the stock charts as we move closer to the holiday season.Longby DEXWireNews6
Amazon (AMZN): Swing Trade & Chart Analysis UpdateTwo months ago, we anticipated a pullback to wave (2), and after a brief pump, we saw an immediate sell-off. The fascinating part? Amazon dropped 25% and reversed almost perfectly on the long-held trendline, which hasn’t been adjusted. It's incredible how simple technicals can sometimes work so well. We've now pushed back into the $183-190 range. This could be a relief pump, likely short-lived. While we aren’t ruling out a rise above the current wave (1), we’re leaning toward a flat correction, as wave A was fast. If correct, we should turn soon and continue downward with a 5-wave structure into the 50-78.6% Fibonacci retracement target area. No limit orders yet, but we're setting alerts to better time our entry. 🔥Shortby freeguy_by_wmc3323
Amazon - LONG Swing Trade confirmed!Price is showing bullish strenght by clearing previous highs above $179. Entry long as close as possible to $174 Target $190 Stop $171Longby ZelfTradeUpdated 1
AMZN, long, Entry: 188.70, Stop: 187, Timeframe: 1h**Trade Type:** long **Ticker:** AMZN **Entry Price:** 188.70 **Stop Loss:** 187 **Take Profit 1:** 190.80 **Take Profit 2:** 192.55 **Risk/Reward Ratio:** 2.11 **Timeframe:** 1h **Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**Longby shayy1103
AMZN Stock Surge: A Strong Investment Opportunity🚀 **Amazon (AMZN) on the Rise!** Recently, Amazon's stock has experienced a notable increase, and there are several reasons why this could be an excellent investment opportunity at this moment. 🔍 **Key Factors Driving the Surge:** 1. **Strong Earnings Report:** Amazon's latest earnings exceeded analysts' expectations, showcasing robust growth in both its e-commerce and cloud computing segments. This positive performance has boosted investor confidence. 2. **Expansion in Cloud Services:** Amazon Web Services (AWS) continues to dominate the cloud market, with increasing demand for cloud solutions. As businesses continue to shift to digital platforms, AWS is well-positioned for sustained growth. 3. **E-commerce Resilience:** Despite economic uncertainties, Amazon's e-commerce platform remains resilient. The company’s focus on enhancing customer experience and expanding its logistics network is likely to drive further sales growth. 4. **Innovative Initiatives:** Amazon's investments in AI, logistics, and new technologies are paving the way for future growth. The company's commitment to innovation positions it well for long-term success. 📈 **Technical Analysis:** - **Bullish Momentum:** The recent price action shows strong bullish momentum, with AMZN breaking through key resistance levels. This could indicate further upside potential. - **Support Levels:** Watch for potential pullbacks to established support levels, which could provide attractive entry points for new investors. 💬 **Conclusion:** With its strong fundamentals, innovative strategies, and positive market sentiment, AMZN presents a compelling investment opportunity. As always, investors should conduct their research and consider their risk tolerance before making any investment decisions. What are your thoughts on AMZN's recent performance? Are you considering adding it to your portfolio?Longby jhaynsf6
Buy Trade Idea for Amazon (AMZN)Description Amazon (AMZN) continues to be a dominant force in the global e-commerce and cloud computing industries, supported by strong financials and growth potential. Key fundamentals driving a buy opportunity include: - ** Market Leadership :** Amazon maintains its position as a global leader in e-commerce, with an expanding logistics network and consistent growth in online retail sales. This market dominance offers long-term revenue growth potential. - **AWS Growth:** Amazon Web Services (AWS) continues to be a significant driver of profits, with consistent double-digit growth in cloud services. AWS's profitability adds a strong revenue stream to the company’s already diversified portfolio. - ** Diversified Revenue Streams :** Beyond e-commerce and cloud computing, Amazon is expanding into new sectors such as digital advertising, media, and healthcare, which positions the company for continued growth in various industries. - ** Robust Financial Performance :** Amazon has consistently posted strong revenue and earnings growth, even during periods of economic uncertainty, showing its resilience and adaptability in the face of challenges. With these strong fundamentals and Amazon’s continuous innovation, a buy trade on AMZN stock presents a compelling opportunity for long-term growth. Disclaimer Investing in stocks involves risk, including the potential loss of principal. The information provided here is for educational purposes only and should not be considered financial advice. Stock prices can fluctuate based on various factors, including market conditions, company performance, and economic events. Always conduct your own research, consider your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.Longby MoonTradingForecast3
Amazon (AMZN) is INPLAY Today on September 12, 2024Amazon (AMZN) is showing bullish momentum today, up around 2.77% in premarket trading. This positive movement follows the announcement of a $10.5 billion investment plan by Amazon to expand its U.K. data centers over the next five years, focusing on cloud infrastructure and AI technology. This news has strengthened market sentiment around Amazon's long-term growth prospects, especially its AWS division. From a technical perspective, AMZN is trading near a key resistance level at around $185. The price is currently above both the 15 and 161 EMA, reflecting a strong upward trend. Additionally, a visible volume profile shows significant accumulation in the $177-$180 range, indicating a strong support zone. If AMZN breaks through the $185 resistance with strong volume, it could continue its upward movement. However, traders should also consider today's CPI data release, as broader market sentiment can be influenced by inflation reports, particularly in tech stocks like AMZN. Watching for a clean breakout above $185 with increasing volume could provide a solid trading opportunity. A pullback to $177-$180 could also be a potential entry point if support holds.by BullBearInsights3
AMZN Short H4Sell Entry @ 168.84 S/L @ 182.63 T/P1 @ 155.06 T/P2 @ --------- R.R.R. @ 1/1 Pure Price Action analysis based on Breakout of target level.Shortby MyMainBox369Updated 1
AMZN - Bull still intact?hitting 150SMA, 50 SMA about to cross - let's see if the bulls got the upper handby FIRE_CAPITAL_SG4
AMAZON: Crossed over the 1D MA50, best buy trigger you can getAmazon crossed today over the 1D MA50 for the first time since August 1st and effectively validated the buy signal that was triggered on August 5th at the bottom of the Channel Up. The 1D technical outlook just got over neutral grounds (RSI = 56.780, MACD = 0.060, ADX = 15.410) so being slightly bullish along with the 1D MA50 cross, is the best buy trigger you can get. The MACD pattern is almost the same as on every Channel Up bottom. The rallies that started on those bottoms printed +62.30% and +64.82% rises. We are targeting at another +62.30% rise (TP = 245.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope12
AMZN - +12% upside with a a 1:2.5 Risk:RewardNice continuation set-up on Amazon with potential for all time highs again & high risk:reward ratio on the play. Longby subtlepapi2
AMZN, waiting for engulfing patternAMZN, waiting for engulfing pattern, open at close NASDAQ:AMZN Shortby alapigabor0
Amazon Riding with the Bulls to 190! 9/10-9/20An uptrend is emerging in Amazon.com Inc. If the price surpasses the $178.50 resistance level, the stock will rise to $190.00Longby SantiagoSolutions1