Amazon to gold ratioThis chart shows Amazon stock to gold ratio. There is a clear head and shoulders pattern visible however currently there is a potential trend reversal triangle pattern emerging.
AMZ trade ideas
MyMI Option Plays - Amazon (AMZN)Just like AMD, NVDA is retracing back to the 50% level of it's most recent drop as well around $114.82. After announcing that they will be unleashing their own AI, I'm sure the reactions going to start picking up at some point behind that. Although AMZN is made of many other things.
But from an investment standpoint, I would be interested in going long as long as we break that retracement and hold finally.
We shall see!
3 drives pattern forming w/ rounding topanother view of the live chart this time w/ the parallel channel and showing the rounding top w/ the wave count... currently short the C leg of the bullish cypher down to the D leg of the cypher pattern. Keeps price action in the channel for now, but ultimately I see a B leg retrace to 95
rounding top short to D leg of the cyphercurrently seeing a bullish cypher set up on amzn. however, im also looking to short the C leg to the D leg of the bullish cypher. Looking for previous resistances to be tested as support.
190 Target The AD is showing an Ascending Triangle, buy the dipsAMZN wants to retest the supply zone, and this is confirmed by the AD showing an Ascending Triangle pattern to $190, which Is spot on near the previous supply zone
double top short to 95.50 c waveim seeing a double top by the AD along w/ price action + Chikou Span. this is very bearish , setting up a short to C wave 95.50 for amzn
3x top 1st short target 109 bearish abcd pattern all 3x AD, price action, chikou span have topped on the 15min chart, shorting to 109 on the bearish abcd pattern. ultimate target 95.50
ABC/DPossible target is D.
This pattern can reach 100% of leg AB, or a lesser or greater fib level of leg AB.
Possible resistance at point B.
Dashed line projected from C is approximately 100% AB.
Price is above the 50% level of the trend up and below the .382.
No recommendation.
AMZN Harmonic ABCD Pattern I have drawn ABCD Harmonic pattern on Amazon stock by using Fib retracement. Entry and exit levels have been defined along with profit and loss, however we will wait and watch the break out of point "B". Furthermore point "D" is our potential reversal zone, as per analysis after the breakout of point B, it will hit point D and then reverse back (at point D we will check the Divergence as well).
Part 2 of NVDA AAPL AMZN GOOGL TSLA | Support & Resistance GuidePart 2 of the NVDA AAPL MSFT AMZN GOOGL TSLA support and resistance guide
was only able to fil 20mins for prior video
part 1 click the prior video link is below this video
AMAZON SHORTLately, tech stocks were gaining a large momentum and I guess from here it gets slower/weaker and falls for a bit.
Amazon from here falls for a short period of time based on the technical analysis and chart patterns/indicators. Unless there is very big positive news (which nobody can predict)
So from my eye POV, I think it will retest the 104-105 level before any rise.
Do your own analysis and trade wisely folks - Thanks
AMZNHello ladies and gentleman
chart of amazon stock
Like we as see
Break key level with two candles
We have close candle above key level
And If we see first candle on the support
We can call it bullish engulfing
So now we can analyse what we can expect from
The price action
High probability to keep rise to next resistance
In next mounth
Like And Subscribe
Thank you
AMZN - Breakout Falling Trend Channel- AMZN has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- AMZN is testing resistance at 113.
- This could give a negative reaction, but an upward breakthrough of 113 means a positive signal.
- AMZN is assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
AMZN AnalysisPrice is still within the bearish POI where a bearish retracement can happen. There is some bearishness in the price right now, with sell-side liquidity being built over the past few weeks. I'm expecting price to go lower if we get a confirmation on the lower timeframe. If not, the highs at 114.00 is at risk of getting taken out.
$AMZN - Pennant PatternIn which direction do you guys think this pennant pattern is breaking out to?
I'm seeing an RSI bullish divergence freshly created.
But I'm also seeing imponent 10 and 50 EMAs right above the price right now.
In short, the trend is our friend. That's the overriding principle. However, we also know that every trend eventually bends.
In any case, the conclusion to be drawn is that all you have to do with this market is wait and see which direction it wants to take. For it is about to disclose that information.
Finally, remember, that direction is meaningless for trading decisions in isolation. We need a target/take profit plan, a stop loss, position size, max ttl equity exposure ... a back tested trading system, confidence and mastery in the execution of such a system. Without these, you're trading blindly.
Cheers,
Tenacious Tribe - Backtested Trading Strategies & Studies
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Unusual Put Option Trade in Amazon (AMZN) Worth $17,212.50KUnusual Put Option Trade in Amazon.com (AMZN) Worth $17,212.50K
On May 10, 2023 at 13:27:06 ET an unusually large $17,212.50K block of Put contracts in Amazon.com (AMZN) was bought, with a strike price of $190.00 / share, expiring in 37 day(s) (on June 16, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 4.04 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in AMZN options.
This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 5953 funds or institutions reporting positions in Amazon.com. This is an increase of 125 owner(s) or 2.14% in the last quarter. Average portfolio weight of all funds dedicated to AMZN is 1.69%, a decrease of 19.93%. Total shares owned by institutions increased in the last three months by 0.04% to 6,719,056K shares.
The put/call ratio of AMZN is 0.71, indicating a bullish outlook.
As of April 24, 2023, the average one-year price target for Amazon.com is 135.49. The forecasts range from a low of 90.90 to a high of $164.32. The average price target represents an increase of 27.07% from its latest reported closing price of 106.62.
As of April 24, 2023, the average one-year price target for Amazon.com is 135.49. The forecasts range from a low of 90.90 to a high of $164.32. The average price target represents an increase of 27.07% from its latest reported closing price of 106.62.
The projected annual revenue for Amazon.com is 575,744MM, an increase of 9.69%. The projected annual non-GAAP EPS is 1.72.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 263,585K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 258,307K shares, representing an increase of 2.00%. The firm decreased its portfolio allocation in AMZN by 29.95% over the last quarter.
Price T Rowe Associates holds 218,514K shares representing 2.13% ownership of the company. In it's prior filing, the firm reported owning 282,602K shares, representing a decrease of 29.33%. The firm decreased its portfolio allocation in AMZN by 43.69% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 205,175K shares representing 2.00% ownership of the company. In it's prior filing, the firm reported owning 200,916K shares, representing an increase of 2.08%. The firm decreased its portfolio allocation in AMZN by 30.07% over the last quarter.
Geode Capital Management holds 161,535K shares representing 1.57% ownership of the company. In it's prior filing, the firm reported owning 157,659K shares, representing an increase of 2.40%. The firm decreased its portfolio allocation in AMZN by 29.59% over the last quarter.
Jpmorgan Chase holds 114,501K shares representing 1.12% ownership of the company. In it's prior filing, the firm reported owning 100,509K shares, representing an increase of 12.22%. The firm decreased its portfolio allocation in AMZN by 22.26% over the last quarter.
One last run before a massive massive crash. Good LuckMarket is gearing up. Be patient.
The crash after will be scary.
Amazon on the way back again?I think if we get a close above the Alarm we might be bullish again. The target in my case is the Vwap from covid bottom, propably we will rise up to the POC from the Volume Profile setted at the covid bottom.
Amazon short 45 minShorting Amazon
Speculative short set-up on the 45-min time frame.
Enter the short position if the price break below the up-sloping support.
Stop loss at 106.59
Take profit at 102.59
$AMZN - bull and bear thesisNASDAQ:AMZN
Daily timeframe
* Breakout, bounce off the support trendline and 3 daily bounces off the top of the triangle I have laid out, I still think this goes to $119.98. I think my previous bear case will be wrong, adjusting based on new information
Bull: I still don't see resistance until $119.98 (the nearest breakdown candle)
Bear: If it breaks below the bear flag, I'd expect a move back to $88.40
Amazon.com Could Be Struggling After Uncertain GuidanceAmazon.com may be showing signs of weakness after another post-earnings drop.
The first pattern on today’s chart is the rising trendline along the lows of March and April. AMZN fell to that support last week after issuing so-so guidance and has remained there since. That could make some traders expect follow-through to the downside.
Next, the e-commerce giant also slid after its two previous reports in October and February.
Third, MACD has turned negative. That may suggest its short-term trend is now bearish.
Finally, AMZN’s April peak represented a lower quarterly high compared with February. That contrasts with the broader Nasdaq-100, which made higher highs in April and May.
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Amazon's Bearish MessageFor years Amazon (AMZN) was a leading U.S. Stock, yet since 2021 it has underperformed the broader market. AMZN high was in July of 2021 months before the Nasdaq Composite (IXIC) top.
Subsequently AMZN declined in an Elliott five wave impulse pattern. AMZN retraced all of its rally since the March 2020 bottom while IXIC bottomed well above its major March 2020 low.
Daily Stochastic has a bullish lines crossover which suggests AMZN could rally into the next week. The next resistance zone is 113 to 120 - near a Fibonacci .382 retrace of its bear market drop. If AMZN can reach this zone it could be an important top for itself and the broader U.S. stock market.
Watch AMZN!
