AMAZON Stock Chart Fibonacci Analysis 050223Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 106/61.80%
AMZNCL trade ideas
Amazon priced in silverStop pricing in fiat.
Price in Gold or Silver.
Amazon looks ready for a MASSIVE tumble.
#fintwit #silver #gold #amazon #amzn #bitcoin
AMZN will eventually fill these - my strategyIf NASDAQ:AMZN does a similar move to NASDAQ:NVDA or NASDAQ:META , I fully expect some obvious gap fills. Not a matter of IF, but a matter of WHEN.
1st tgt: $125.25
2nd tgt: $163.27
If market doesn't sell off hard, I will sell cash secured puts of NASDAQ:AMZN until these gaps are filled.
Amazon set to BREAKOUT or FALLOUTAs we analyze the 4 hour chart of Amazon I am honestly indifferent on the stock and would not be trading or buying it right now as it seems "stuck to me" based off these channels... When we look at the "macro" blue channel it shows upside with price pointing to higher 130s... but it would be a very swingy ride there.. right now we are in the white channel which is also very swingy and large for a channel to trade but profit to be made if TIMING is right... I have fib levels listing this as a Wave 2 and looking for more downside, but will continue to watch if we are to breakout of the resistance.. until then I would stay bearish.
$67 Amazon Possibly This target price would complete a massive head&shoulder. I wonder 🤔
This is not a professional opinion. I'm just a trading noob that started buying bitcoin October 2017.
Bearish news failure event on AMZN.Big earnings beat. Followed by a dump, same action on the Nasdaq.
Good news followed by a dump is a good indication of exhaustion.
Got short nasdaq.
amazon is in last consolidated wave amazon is in last consolidated wave , wave G of diamond is moving stock under $100 once again but after that is buying opportunity to reach $140
AMZN breaking down (30 min)As we see Amazon break through the cloud to the downside we should expect more downside to come into next week.. I would play this to the downside until, or if we break the horizontal line which is resistance to the upside. It is possible we test that line and then break down or we just see it keep breaking down from the price it is at now. The good thing is we have broken out of the cloud and should see momentum continue to the downside. Always have a stop loss and it tight.
Amazon - go longSince there is a good closing above the bollinger band in the weekly and daily as well and the above supply area is tested already.
There is a good change for the break out.
Amazon UpdateAfter hours we jumped up and tagged the 1.0 of what I am calling our A wave retrace for ((B)) wave. We then dropped hard and have already overlapped what I am calling a wave of ((B)). This is also marked by a turquoise 1 signifying this as an ALT count, but I find very unlikely. Nonetheless, this could end up being a leading diagonal into a bullish trend. As I said, highly unlikely. A 3 wave move down indicates we are carving out wave B, and if we create 5 waves down impulsively that breaches our b wave of ((B)) then it confirms we are continuing to subdivide lower.
One thing that has driven my analysis hard in this post is the time that has elapsed since wave III finished. It hasn't even been 2 years yet, so I doubt this wave is complete. Either way there is a couple counts on the table in the event my Primary count is incorrect.
Here is the Weekly chart as a reference of where we are in the grand scheme of things.
Long Story short, my primary count is we are about to sub divide lower into a b wave and then higher into our final C wave of ((B)), 1st ALT and equally as likely, we move lower into a 5-wave impulse for ((C)) wave or another A wave, and 2nd ALT is to move higher for a bull rally starting with a leading diagonal.
Bonam Fortunam,
--Tyler
Amazon Monthly Log ChartHas everybody already forgotten how deep Amazon dropped?
Now far below it's 3 year moving average and a behemoth of resistance still remains above that.
#amzn #nasdaq #bitcoin #tsla #meta
AMZN Earnings - $110 StraddleLet's pump this clown market? For real, how else can we hit 4200SPX?
Looking to see at least a 5-10% move. if it's like META then maybe we moon or inverse moon. Should be fun to watch.
Position is 5/19 HKEX:110 straddle. Going to close tomorrow regardless of outcome.
Have a beer and enjoy I'd say.
Stay Away from AMZN NowTechnical Analysis:
- AMZN is still doing a WXY medium term correction in blue
- In the short term AMZN is finishing wave ((2)) in black before going more down side
- We expect that the correction will be finished at around BMV:60 when wave ((II)) is also completed
- H1 right side is turning up
- H4 right side is turning down
Technical Information:
- Don't buy AMZN now
- We like to buy when the correction WXY is done
