AMZNCL trade ideas
AMZN Consolidation with Potential for Further PullbackAmazon (AMZN) is currently trading within a range, indicating a phase of accumulation where smart money is positioning itself. The selling volume remains strong, suggesting that the bearish pressure is not yet exhausted, and we could see further downside movement.
Key technical factors:
The price is respecting a descending triangle pattern, with lower highs forming a downtrend while holding support near 228.00.
Fibonacci retracement levels indicate potential support at 227.99, aligning with the 0.0 Fibonacci level, which could act as the next target for the pullback.
The 0.236 Fibonacci level (229.03) is currently a resistance area, with price struggling to break above.
If the selling momentum continues, we may see a breakdown below 227.99, leading to further downside targets.
Conversely, a breakout above the descending trendline and 230.21 (0.5 Fibonacci level) could signal a bullish reversal.
Traders should monitor volume and price action closely, as a breakout or breakdown from this range could determine the next directional move for AMZN.
Amazon’s Short-Term Outlook: Navigating Key Support LevelsAmazon remains a market powerhouse, yet its stock is no stranger to short-term fluctuations.
Support levels are indicated on chart. A move below these levels could trigger deeper short-term weakness, whereas a bounce off these supports would underscore Amazon’s robust fundamentals. As always, such volatility is typical in dynamic, high-growth stocks, and traders should watch these key levels closely when planning their next move.
AMZN: Technical Analysis for Feb. 13🔥 Technical Analysis (TA) for Amazon (AMZN)
Amazon (AMZN) is currently consolidating within a symmetrical triangle pattern on the 1-hour timeframe, indicating a potential breakout is imminent.
📊 Key Levels to Watch:
* Resistance: $233.95 → A breakout above this level could send AMZN toward the $235–$240 range.
* Support: $229.31 → Holding above this level is crucial for maintaining bullish momentum.
* Major Support: $222.50 → If AMZN loses this level, it may test $220–$215.
📈 Indicators Analysis:
* MACD: Trending near neutral, signaling a balance between buyers and sellers. A bullish crossover could ignite upside momentum.
* Stoch RSI: Oversold, suggesting AMZN could be primed for a bounce.
Options GEX Analysis for AMZN
* Call Resistance/Gamma Wall: $235 → If AMZN can push above this, it may trigger a gamma squeeze toward $240+.
* Put Support Wall: $222.50 → This zone is acting as a safety net for bulls. A breakdown below could trigger further downside.
* IVR: 12.6, IVx avg 27.2 (-1.53%) → Low implied volatility, indicating a potential increase in movement soon.
* Calls vs. Puts Sentiment: Calls 9.2% → Bullish sentiment is still subdued.
📌 Trade Outlook
🚀 Bullish Scenario:
* A breakout above $233.95 could send AMZN toward $235–$240.
* Calls with strike >$235 for March could be favorable for a bullish play.
⚠️ Bearish Scenario:
* Losing $229.31 could send AMZN down to $222.50, with a possible drop to $220.
* A put spread targeting $225–$220 could work for a bearish breakdown.
🛑 Risk Management:
* Stop Loss for Longs: Below $229.
* Stop Loss for Shorts: Above $234.
🚨 Traders, keep AMZN on your radar – a big move is coming soon! 🚨
🔔 This analysis is for educational purposes only. Trade responsibly!
$AMZN 270Bedrock is going to be the Switzerland of AI tools, they don't care what LLM you want to use, they will host the tools for you.
Amazon is poised to host a majority of the AI applications that will be built over the next 5 - 10 years.
This is just the beginning.
You're not bullish enough yet.
Amazon I Detailed analysis and trading plan Welcome back! Let me know your thoughts in the comments!
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AMZN Testing Critical Resistance! Will Bulls Take Control?
📊 Market Structure Overview:
* AMZN is currently recovering from a recent pullback and is forming a higher low, indicating potential bullish momentum.
* Price is attempting to break out of a descending trendline, showing signs of strength.
* Strong resistance is visible near $235, while $230 and $228 serve as key support levels.
🔍 Key Levels to Watch:
* Resistance Levels:
* $235 → Key level for bullish continuation.
* $240 - $242.50 → Major breakout target.
* Support Levels:
* $230 → Retest zone; holding above supports a bullish case.
* $228 → Strong demand zone for dip buyers.
* $222.50 → Last support before a larger breakdown.
📈 Indicators Analysis:
* MACD: Bearish crossover forming, suggesting a possible pullback before continuation.
* Stochastic RSI: Cooling off from overbought conditions, indicating potential consolidation before another push up.
📌 Price Action Insight:
* AMZN needs to hold above $230 for bulls to maintain control.
* A clean breakout above $235 with volume can push AMZN toward $240-$242.
* If price fails to hold $230, expect a retest of $228-$222.50.
📊 Options Flow & GEX Analysis for AMZN
🔍 Gamma Exposure (GEX) Zones:
* Bullish Gamma Wall at $235 → Indicates strong call resistance.
* Bearish Gamma Support at $222.50 → A critical level where put support increases.
📉 Option Flow Insights:
* CALL positioning: 13.3% of options flow is on the call side.
* IV Rank: 12.5 (relatively low volatility, favoring premium sellers).
* Put walls at $227.50 and $220 → Market makers could defend these levels.
🛠️ Trade Setups:
1️⃣ Bullish Play:
* Entry: Above $235 with volume.
* Target: $240-$242.
* Stop-loss: Below $230.
2️⃣ Bearish Play (Rejection at $235):
* Entry: Short below $233 rejection.
* Target: $228-$222.50.
* Stop-loss: Above $236.
Final Thoughts 💭
* AMZN is at a key inflection point and needs confirmation above $235 for bulls to dominate.
* If $230 fails, a deeper pullback is possible.
* Options data suggests a battle between call buyers at $235 and put support at $222.50.
🚨 This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly! 🚨
Amazon (AMZN) Shares Retreat from All-Time HighAmazon (AMZN) Shares Retreat from All-Time High After Earnings Report
As shown in the Amazon (AMZN) stock chart, the price reached an all-time high of around $242 per share on 4 February. However, following the earnings report on 6 December, AMZN shares declined despite the company exceeding analysts' expectations:
→ Earnings per share: Actual = $1.86, Forecast = $1.48
→ Revenue: Actual = $187.8bn, Forecast = $187.3bn
Investor disappointment may have stemmed from:
→ Signs of slowing cloud business growth. Amazon, a pioneer in public cloud services with Amazon Web Services (AWS), now reports annual cloud revenue growth of around 20%, down from over 50% five years ago.
→ Soaring capital expenditure on AI data centres with uncertain profitability prospects. Amazon has projected approximately $105bn in capital spending for 2025, up 27% from 2024 and 57% from 2023.
Technical Analysis of Amazon (AMZN) Stock
AMZN remains within an upward trend, indicated by the blue channel on the chart. However, bullish momentum appears vulnerable as:
→ The price struggles to reach the upper boundary of the channel.
→ A bearish "head and shoulders" (SHS) pattern is visible on the chart.
→ A bearish gap (marked with an arrow) has formed post-earnings, suggesting a potential resistance area ahead.
This points to a possible pullback. If it occurs, AMZN stock could correct, potentially towards the parallel orange line, drawn based on the blue channel’s width. A test of the $217 support level is also possible.
Should You Buy AMZN Shares Now?
Following the earnings report, AMZN has underperformed the S&P 500 (US SPX 500 mini on FXOpen). However, analysts remain optimistic. According to TipRanks:
→ 45 out of 46 analysts recommend buying AMZN stock.
→ The average 12-month price target for AMZN is $267.
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Amazon Wave Analysis – 7 February 2025
- Amazon reversed from the resistance area
- Likely to fall to support level 226.60
Amazon recently reversed down with the downward gap from the resistance area between the pivotal resistance level 240.00 (which has stopped the previous waves iii and i), the resistance trendline of the daily up channel from August and the upper daily Bollinger Band.
The downward reversal from the resistance area started the active short-term correction ii.
Given the strength of the resistance area near the resistance level 240.00 and the overbought daily Stochastic, Amazon can be expected to fall to the next support level 226.60.
Amazon Stock Plummets After Earnings ReportDuring the last trading session, Amazon's stock dropped by more than 3.5% , bringing its price below $230 per share. This sharp decline followed the company's quarterly earnings release yesterday, where it reported earnings of $1.86 per share , surpassing the expected $1.49 , and revenue of $187.79 billion , slightly above the $187.30 billion projected.
However, investors were disappointed by the company’s sales growth forecast of only 5% for the first quarter of this year, along with a warning about a negative foreign exchange impact exceeding $2 billion. This has led to a decline in confidence, reinforcing a persistent bearish bias in Amazon’s stock price.
Bearish Trend Strengthens
Currently, a significant downward trendline has been in place since the last months of 2024. But the recent sell-off has raised doubts about the buying strength seen in previous sessions. If bearish pressure continues to increase, it could pose a considerable risk to the current market structure in the short term.
Neutrality Begins to Take Over
Both the RSI and CCI indicators have quickly dropped to their respective neutral levels— 50 for RSI and 0 for CCI. This suggests that recent price movements have turned neutral, making it unclear which force is currently dominating the market. If these indicators continue to hold within neutral territory, a potential sideways consolidation could emerge on the daily chart.
Key Levels to Watch:
$240 – The most important resistance level, representing the latest highs recorded by the stock. A breakout above this zone could reignite the long-term uptrend from last year and trigger sustained buying pressure.
$228 – A critical support zone that aligns with previous lows, as well as the uptrend line. If sellers push the price below this level, the bearish bias could strengthen, leading to a deeper downside correction in the short term.
$216 – Final support level, corresponding to the January lows and the Ichimoku cloud barrier in the short term. If selling pressure drags the price to this level, it could invalidate the current bullish structure on the chart.
By Julian Pineda, CFA – Market Analyst
$AMZN Negative Patterns May Push the Stock Down
Amazon's stock reached a historic high of $241.77 per share, aligning with a previous pattern's target that specifically aimed at this level. It then entered a corrective wave and failed on Friday to reclaim its historic levels, seemingly forming a harmonic pattern with a target of $231.2 per share.
AMAZON -- Results of Buying before the SplitSharing some insights of when I bought Amazon before the split, It was a great decision as it has given my portfolio a great boost. It has been very bullish trending higher, and February started off on a good note so far. Ideally I would love to see it take the Previous months highs and keep pumping.
I would not be surprised if it reached MIL:1K per stock again. BUT NOT FINANCIAL ADVICE, and I also have no real data to support this theory yet. It is just my biased beliefs.
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