Bullish on AMAZONAmazon ready to print some dollars for the bulls NASDAQ:AMZN has crossed over and retested the $147 resistance turned support price. We are in an uptrend and have a strong bullish momentum. Position Set - 2 ITM contracts XETR:AMZ 3/4/2024 Call $145 Longby EgideSimbaUpdated 13
AMZN - 1H - RISING WEDGE - SHORT ENTRYIn this chart we have observe a RISING WEDGE and we expectation it will go down after a certain level which is defined in the chart. No Divergence SpottedShortby shahrukhshafiq223
AMAZON: Short From Multi-Swing High ResistanceThe price is rising towards a multi-swing high resistance zone which also aligns with the 100% fib projection I think a rejection from this level could lead the price fall towards the support level which is also a pullback support.Shortby ChrisLaw11
✅AMAZON SWING SHORT FROM SUPPLY AREA🔥 ✅AMAZON is going up now But a strong resistance level is ahead at 188.09 Thus I am expecting a pullback And a move down towards the target at 167.44 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx4
AMAZON Resistance Ahead! Sell! Hello,Traders! AMAZON is trading in an Uptrend but is locally Oversold and as the Stock will soon retest A horizontal resistance of 188.31$ It is likely that we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals1120
AMZN Amazon will Break All Time Highs this DecadeA sure bet. 100%. Refinance your house. Sell your business. Put it all into AMZN and double yous money in a couple years as Amazon's economic moat continues to widen. If it doesn't happen forget I said anything.Longby inanis_Updated 2
AMZN $192 target Per IHS breakout + ensuing consolidation. Straightforward pattern breakout. Selling put spreads. Longby ShadaabResearch2
Amazon's Earnings Skyrocket: Long Opportunity Ahead Title: Amazon's Earnings Skyrocket: Long Opportunity Ahead Overview: Hello Traders, Amazon's recent earnings report has sent its stock soaring, presenting a lucrative long opportunity for investors. NASDAQ:AMZN Key Points: - Amazon's Forward P/E ratio stands at an impressive 43.5, indicating strong growth potential and market confidence. - The earnings estimate for the current fiscal year is $4.06 per share, reflecting robust performance and profitability. - Next fiscal year's earnings estimate is projected to increase to $5.30 per share, suggesting continued growth and expansion for Amazon. Technical Analysis: The earnings surge has propelled Amazon's stock price upwards, with bullish momentum indicating a favorable outlook for further gains. Technical indicators support the bullish sentiment, highlighting a potential long opportunity for traders. Conclusion: With Amazon's earnings skyrocketing and positive forward projections, traders may consider a long position to capitalize on the upward momentum. It's essential to conduct thorough research and implement risk management strategies to optimize returns and mitigate potential losses. Don't Forget to Engage: Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you found this idea compelling! Your engagement helps foster discussion and broaden the reach of valuable insights. Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions. Happy trading! Longby MarxBabu0
AMZN Joins the Dow at an Unusual PhaseThis hugely influential company should have been on the Dow 10 years ago. Listing as a component of the Dow Jones Industrial Average usually occurs when a company is about to enter a Market Saturation to Market Decline Phase. However, such is not the case with $NASDAQ:AMZN. It's quite the opposite. Its fairly new CEO, who was the CEO of AWS, the division of AMZN known for its powerful and totally dominant PaaS cloud technology, has extensive experience in exactly what AMZN needs right now: front running new technologies and driving more new technologies to market introduction faster. The challenge to be #1 in the use of Integrated Artificial Intelligence and other new technologies in the realm of Cloud Technology is on. Who will win depends on the CEO. Never underestimate the importance of the right CEO for the current market conditions. The chart of AMZN stock implies a consolidation or platform may develop during the month and a half between earnings seasons. These patterns tend to form due to value-oriented quiet accumulation by the largest institutions while the rest of the market pulls back from buying or sells.by MarthaStokesCMT-TechniTrader115
AMZN BULLAmazon is Bullish. Near 171. 50 - buy zone Cup with handle structure on 90 minutes . Longby TommyChong772
AMZN Share Price Hits 25-Month HighAMZN Share Price Hits 25-Month High After Inclusion in DJIA Index As of February 26, Walgreens Boots Alliance (WBA) is no longer used in the calculation of the Dow Jones Industrial Average, replaced by Amazon (AMZN). The planned index rebalancing was carried out because: → Walgreens shares currently have the lowest price among all companies included in the Dow index; → S&P Dow Jones Indices adds Amazon as it seeks to increase the Dow's retail exposure to reflect the emerging nature of the US economy. This was also influenced by the fact that shares of the retail chain Walmart (WMT) underwent a 3:1 split. The AMZN stock chart today shows that: → the AMZN stock price is moving in an upward trend, its contours are indicated by a blue channel; → after a strong report (we wrote about this on February 5), a bullish gap formed on the chart — it is now more clearly visible between the levels of 161.5 and 166.5; → in the last days of winter, the price approached the upper border of the channel; → the price is in the upper half of the channel, and the median line (reinforced by the gap area), according to technical analysis, has the potential to provide support to it; The inclusion of AMZN stock in the WMT Index means that the AMZN stock market may experience a short-term surge in demand (as it often does in similar cases) as various index funds will be forced to buy AMZN stock (and sell WBA) to make their portfolios match the Dow Jones Industrial Average. However: → the price of AMZN today may already take into account the rebalancing that was announced earlier; → as you know, in 2021, Jeff Bezos actively sold his AMZN shares at a price of $180 per share. At the same time, according to annual corporate reporting, Bezos intends to sell about 50 million shares this year. This is seen as an argument holding back demand. And the bearish divergence on the RSI indicator hints at the depletion of buying pressure in the short term. Although in the long term, taking into account the fundamentals, the market remains strong. According to the average opinion of TipRanks, analysts forecast shares AMZN = $208.23 in 12 months. 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.by FXOpen2213
$AMZN Gap Fill Idea I love the gap fill strategy. Its simple and proves to be effective! Here the idea is simple, we are looking to go short under $165 and targeting the shaded area on the chart to be filled. Shortby Mustangsvt281Updated 4
"Amazon Analysis and Potential Scenarios"Amazon's chart indicates that the region marked in red may function as a selling-oriented order block. If there is a 2-day closing above the red horizontal line, the next target could be 187.86, following the channel. In our buying zones, the horizontal line at the price of 161.73 may present a buying opportunity. 2-day closings below the green horizontal line may sequentially act as buying zones from light to dark. In the 2-day chart, levels 161.73 and Kaufman Moving Average at 162.34 are considered as significant support zones. WARNING: THIS ANALYSIS IS NOT INVESTMENT ADVICE. CONSIDER YOUR RISK TOLERANCE AND FINANCIAL SITUATION BEFORE MAKING DECISIONS. FUTURE PERFORMANCE IS NOT GUARANTEED; THIS IS MERELY AN OPINION. INVEST PRUDENTLY AND CONDUCT THOROUGH RESEARCH. by Can_EasyMoney_TR4
Jeff Bezos Sells Another $2.4B in Amazon StockAccording to a new regulatory filing, Amazon founder Jeff Bezos sold more than 14 million shares over the past few days worth around $2.4 billion, completing his stock sale plan. Bezos adopted a trading plan Nov. 8 to sell up to 50 million Amazon ( NASDAQ:AMZN ) shares — valued at more than $8 billion — during a period ending in January 2025. He first sold 12 million shares earlier this month, worth more than $2 billion, and then sold separate 12 million share tranches through February. It’s Bezos’ first sale of the company’s stock since 2021. Amazon’s stock closed at more than $167 per share on Tuesday. Shares are up more than 76% over the past 12 months. Bezos controlled about 12.3% of the company’s outstanding stock as of a February 2023 proxy filing, including shares he fully owns and shares owned by his ex-wife, MacKenzie Scott, over which he still has voting rights. He now controls about 11.8% of the company’s stock. Amazon’s ( NASDAQ:AMZN ) annual filing showed that the trading plan was adopted six days after Bezos said on Instagram, on Nov. 2, that he was leaving Seattle and making Miami his official residence. Washington state’s capital gains tax, passed in 2021, imposes a 7% tax on any gains of more than $250,000 from the sale of stocks and bonds, with some exceptions. By making Miami his home, Bezos stands to save around $600 million in tax expenses after selling 50 million shares under the plan. Florida does not have a capital gains tax. Like Washington state, Florida also does not have an income tax. Bezos launched a $2 billion Bezos Day One Fund in 2018 that focuses on homeless families and preschool education. The Bezos Earth Fund, launched in 2020, is putting $10 billion toward climate initiatives.by DEXWireNews4
A shorter term correction coming.I'm looking for a shorter term pullback, at least a 30% drop, in wave 1 of a final 5. Then the final wave moves should follow, over several years, to conclude at between the $300 & $560 price levels.by moneyjeff13
Amazon | No New All-Time High & Down We Go!It is the end of a cycle; A more than a year long bullish wave. Amazon (AMZN) did not reach a new All-Time High as many of the other top world companies did. July 2021 at 188.65 will remain the peak. AMZN produced a super-strong bearish signal in the form of a bearish engulfing pattern last week and this at the top of a major trend. These signals are pointing towards a correction, a very strong correction and the first one since December 2022. This correction can be mild just as it can be strong but it is more likely that it will be strong. This correction can develop fast or maybe slow... Mild or strong, fast or slow —Down we go! Namaste.Shortby AlanSantana2213
What a dip!!AMZN is in the bottom now and if sellers fill the gap, buyers will loseby joshuapecolados0
AMZN - Breakout Long Idea from here at $168Breakout ($175+) multiday swing long idea from this position around $168 - stop very close at $167. The flush on the 13th was the first signal and I'm now looking for the push to the upside over the course of the next few days. Longby Jon4th4nB1rdUpdated 222
AMZN in a triangle pattern LONGAMZN on the 15 minute time frame is in a relative symmetrical triangle pattern. A volume profile and intermediate term anchored VWAP are overlaid. They validate one another since the POC line and the mean anchored VWAP line up. Price is below both of them. My forecast is that price will rise and temporarily so sideways in the high volume and volatility zone of VWAP / POC and then ascend higher as that tug o war is finalized. My long target for now is 170.35 as the top boundary line of the high volume area of the VP. This is a good trade for shares on margin to get some juice into the trade. I will instead take call options for March 16th striking $ 172 for some leverage and beyond linear RIO. AMZN is good to go. Admittedly, this is an early bird trade. I see the risk as minimal.Longby AwesomeAvaniUpdated 2
The continuation of the bull market on AmazonDear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Longby mehdi47abbasi796
AMAZON -15% dip possible. Take advantage of it.It has been 3 months (Nov 17 2023, see chart below) since our last buy trade on Amazon (AMZN), which hit both Targets: February opened with a big gap upwards and the stock has been consolidating ever since. This consolidation, along with the completion of a 1D MACD Bearish Cross last week, is indicative of a top formation. In fact it is similar with the starting sequence of the last Higher High (September 14 2023) of the 1-year Channel Up. The first pull-back/ technical correction of this pattern was a -22.61% decline and the second -18.83%. If the corrections are on a -4% progression, we can assume a -14.60% decline this time. That falls marginally below the 0.382 Fibonacci retracement level (assuming the 2.0 Fib extension from the October 26 2023 bottom will be the peak). As a result, we are expecting $155.00 as a fair pull-back currently and buy entry for the long-term. A break below the 1D MA50 (blue trend-line), will be the technical confirmation of the sell signal. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot1134
AMAZONWhen I made this song, I was at One Sound Studio in Memphis, South Memphis. I recorded “Shotta Flow” there, “Shotta Flow 2” there. That was where I recorded my first song at, actually. The first song I ever recorded. One Sound’s home, pretty much. Minus, he sent the beat to my phone. He did the “Shotta Flow” beat. I worked with him in the past. I was like, “Bruh, this beat a song,”. I was tryin to dissect it. I was like, “What i'mma do wit it?” And I had to just listen ‘til I really found out what I wanted to do with the beat. I usually freestyle on my songs. But I wrote most of this song. I wrote the hook. The hook especially 'cause I knew that was the grabber of the song. That was the part I really, know what I’m sayin’, put my most focus on. When I said, “Before you try rob, hit your knees and pray to Buddha,” -NLEby OgnianovoptionsTrades0