AMZN Daily Bat Pattern AMZN has a completed bearish bat pattern that has gone to Target 1 and has come back to entry to form a TYPE 2 entry. We are at a daily level or resistance. I won't be looking for any positions until price closes below the 141.51 level. Shortby LegacyHarmonics334
PICK OF THE MONTHAmazon is getting to buy territory, this is a mean reversion trade. Good buy now with intention of selling at 120? I expect the price to drop a bit more but bounce back the blue line as is extremely strong support, and the price should make it to the middle line of the band, that is where profit-taking should take place. Longby f3rnandomoreiraUpdated 0
AMZ β’ Amazon.com β’ XETRA SHORT TF M30#AMZ β’ Amazon.com β’ XETRA SHORT TF M30, TP = 125.10 , SL = 136.16 The trend continues, the nearest support level according to my calculations TP = 125.10 Shortby MagyarPenztarca1
AMZN SHORTS $$$Hi everyone, just here to update you all on what I will be looking for in AMZN next week. Starting on the Weekly we tapped into a key FVG and took BSL many many months ago and have wicked down now near the close of friday. I Have begun looking at opening about 10% of my initial 2% risk per trade. I will add more accordingly based on Monday's opening if given the chance. now on Daily, we have a clear high and as we speak I'm looking for a lower high to confirm! And on the hourly lastly, we have clear breaks of structure in the bear's favor. I plan on holding this til the 140-136 range and scaling out accordingly! god bless and good luck ;)Shortby DimitreTRADES1
AMZN SHORTSAs I stated in the picture. AMZN Is hitting a key Weekly FVG. Here i am watching for a 1H, 4H, and 1D swing high with a recent low broken to enter some put options. I will enter and take profits with PDL being taken out. These setups provide between 50-125% profit based on setup and entry. I will continue to update you all as price shoes more confirmation! Like and shoot your questions below! Shortby DimitreTRADESUpdated 226
AMAZON The rally isn't over yet. Still time to buy and profit.Last time we looked into Amazon (AMZN) on October 30, we called a bullish break-out signal, which in two weeks hit our $146.00 target (see chart below): We zoom out on the 1D time-frame now in order to identify the longer term patterns involved. Based on the 1D RSI which is pricing a Support on the former Lower Highs trend-line, we can see the very same formation on January 18, above the 1D MA50 (blue trend-line). This was also after a break-out above a Falling Wedge, a pattern which formed the market bottom of the Inflation Crisis. The stock shortly after completed a +39.84% rise and peaked just over the 1.382 Fibonacci extension. As a result, we are now targeting initially 156.50 (1.382 Fib) and early in January 165.00 (+39.84% from the bottom). ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot1128
AMZN approaching hourly oversold for potential daily higher lowAMZN has been a lead bear all morning in the face of market strength and this seemingly endless rally. All along the question has been, what will the market do when names reach their first hourly oversold conditions (Hourly RSI <= 30)? Looks like AMZN could be the first to reach those conditions. So, eagerly watching to see what happens πΏLongby jmosullivanUpdated 4
Amazon To Sell Hyundai Vehicles OnlineAmazon will begin selling Hyundai vehicles online in the U.S. starting next year, the two companies said on Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyundai dealer, the companies said. The agreement is an expansion of a deal announced two years ago to expand Hyundai's digital showroom on Amazon.com, enabling customers to configure a vehicle, calculate the price and locate a dealer to complete the sale. Hyundai set up its first digital showroom on Amazon in 2018. The new agreement also will enable buyers of new Hyundai vehicles in 2025 to access Amazon's Alexa voice assistant from their cars. Hyundai has selected AWS as its preferred cloud provider to accelerate its digital transformation using broad and industry-leading AWS capabilitiesβfrom compute, storage, database, and analytics to generative AI and Internet of Things (IoT). As part of a new multiyear agreement, Hyundai will become a more data-driven organization with a cloud-first technology strategy, migrating its current on-premises applicationsβwhich support everything across research, product engineering, and customer engagementβto AWS. Hyundai will prioritize business cases like manufacturing and supply chain to help optimize production and minimize costs, security and disaster recovery for resiliency, and connected vehicle development to bring new features to drivers around the globe. AWS and Hyundai have designed and implemented a Master Builder training and certification program to train Hyundai engineers in critical cloud skills. Technical Analysis AMZN is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.Longby DEXWireNews4
AMZN - 19 months HEAD & SHOULDERSββββββββββββββββββββββββββββββ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS π€Letβs learn and grow together π€ ββββββββββββββββββββββββββββββ Hello Traders β After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support πππ ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" βββββββββββββββββββββββββββββ β DISCLAIMER β The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting227
Goog, Amzn Going down.Goog, Amzn Going down. NFLX Leading the way. Lower High 61.8%. Divergence. 3x Target.Shortby jforex781
AMZN Inverse H&SAMZN has broken the neckline on a nearly 2 year inverse H&S pattern. Not financial advice, just an observation. Longby jbets100
AMZN Inverse H&S AMZN has broken the neckline on a nearly 2 year inverse H&S pattern. This is not financial advice, just an observation. by jbets100
Amazon (AMZN) forming inverse H&SNASDAQ:AMZN has formed an inverse head & shoulders pattern which has bullish implications but there is a sustainable breakout. Given the good results in past few quarters, fundamentals also support the bullish view. Having said that, recessionary fears are here to stay though it might still be some time before something starts showing up in charts.Longby YetAnotherTA0
AMZN bullishMEGA GAP stock with large sale awaiting for bullish come back soonLongby AynurNurUpdated 223
Amzn PutAmazon I believe is in a downtrend and tends to follow SPY's direction. Target 1: 133.97 Target 2: 126.75 Target 3: 118.72 Shortby MaryBlossomJUpdated 225
AMZN: Sell ideaSell idea on AMZN as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candle.Shortby PAZINI191
Amazon showing strengthAmazon has tried to break through this area 3 times this being the fourth. This time it is showing more strength than before. If it breaks it may be this week. when it does the next target is the 165 area.by cointrustmoon11
KICKASS BULL RUN FOR THE MAGNIFICENT SEVENThere is no stopping now, EPIC BULL RUN 100X LEVERAGE.by Rashid198622224
AMZN ~ Snapshot TA (Daily / Nov 2023)NASDAQ:AMZN chart mapping/analysis. Consolidation within ascending parallel channel (green). Bull target(s) Ascending trend-line resistance (white dotted) Upper range of parallel channel (green) + 78.6% Fib confluence resistance zone Overhead gap fill (~163.27) Bear target(s) 61.8% Fib Underlying gap fills (~133.57 / ~121.64) 50% Fib lower range of ascending parallel channel (green) 38.2% Fib Upper range of descending parallel channel (light blue) by BlueHatInvestorUpdated 0
Amazon Cup and Handle Breakout Possibility Next WeekAmazon has formed a cup and handle on the weekly. Current sentiment has turned bullish, yields are pushing lower and seasonals are great too for Amazon at this time of the year. Fundamentally, AWS is the engine for Amazon and I expect revenue to pick up in that department in the coming months. As for retail, it should steadily deliver. We need to finish above 147 in the coming week or get a bullish daily close in the daily and then the coast should be clear. 1st Target is 180. Longby Kemsdale445
5 Technical Indicators for Smart TradingNavigating the intricate world of trading requires a keen understanding of technical indicators. These powerful tools serve as guiding stars, illuminating market trends and potential entry or exit points. Today, we unravel 5 top technical indicators that stand as pillars in the realm of trading. Whether you're a beginner seeking foundational knowledge or an experienced trader aiming to refine your strategy, consider these indicators to enhance your analysis. 1. Moving Averages: Riding the Waves of Market Trends Moving Averages (MA) are foundational tools in technical analysis, smoothing out price data to identify trends over specific periods. Simple Moving Averages (SMA) provide straightforward trend indications, while Exponential Moving Averages (EMA) offer more weight to recent prices, making them highly responsive to market shifts. Traders often use crossovers between different MAs to pinpoint entry and exit points and utilize different lengths on different time frames. One common way traders use MAβs is to identify the overall trend using one or two moving averages. 2. Relative Strength Index (RSI): Gauging Overbought and Oversold Conditions RSI measures the speed and change of price movements. It oscillates between zero and 100, traditionally using levels of 70 for overbought and 30 for oversold. Traders interpret divergences between RSI and price movements, seeking potential reversal points. Additionally, hidden divergences, where RSI disagrees with the underlying trend, are valuable for trend continuation strategies. 3. Bollinger Bands: Embracing Volatility for Profitable Trades Bollinger Bands consist of a middle line being an MA (often 20 period) and two outer bands representing standard deviations from the middle band. Volatility increases the distance between the bands, offering a visual representation of market volatility. When the price touches the upper band, it signals potential overbought conditions, while touching the lower band indicates potential oversold conditions. Traders also observe "band squeezes" as precursors to significant price movements. 4. Moving Average Convergence Divergence (MACD): Capturing Trend Changes The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that highlights the relationship between two Moving Averages (MAs). The MACD line represents the difference between a short-term EMA (often 12 periods) and a long-term EMA (typically 26 periods). The signal line, usually a 9-period EMA of the MACD line, acts as a trigger for buy and sell signals. Traders observe MACD crossovers, where the MACD line crosses the signal line, as potential entry points. Additionally, MACD histogram bars visualize the distance between the MACD and its signal line, offering insights into the strength and direction of a trend. By understanding these components, traders gain a nuanced understanding of potential trend changes and momentum shifts. 5. Average Directional Index (ADX): Measuring Trend Strength The Average Directional Index (ADX) is a trend strength indicator that quantifies the strength of a market trend without specifying its direction. Typically, an ADX above 25 indicates a strong trend, while below 20 suggests a weak trend. Traders use ADX crossovers and divergences with the price chart to distinguish between trending and ranging market conditions. A rising ADX suggests a strengthening trend, while a falling ADX may indicate a weakening trend strength. Combining ADX with other technical indicators enhances a trader's ability to identify robust trends and potential reversals, providing a more comprehensive view of market dynamics. Wrapping Up: This article scratches the surface of the indicators listed, there are whole books written on some of them. We have gone more in-depth with most of these indicators in our previous articles. We have linked those articles below if you would like to learn more about any of these foundational indicators. Remember, while these indicators provide valuable data, combining them with a robust risk management strategy, other indicators for confirmation, and a deep understanding of market fundamentals ensures a holistic approach to successful trading. Happy Trading! Educationby LeafAlgo20
Amazon to $200 early 2024We are getting one last upward push before the big crash. I think we'll reach the psychological level of $200 before the price crashes.Longby brian76831