$AMZN - A little rejection from the trend lineQuick update on #AMZN. The stock hits the trend line and pull back a bit. I am betting that it will break out of that trend line this time around. Its currently around 50DMA. HKEX:95 could be a good DCA zone. Longby PaperBozz2
AMZN is Still in a WXY Correction StructureAs we can see in the chart, Amazon(AMZN) WXY correction is in blue and we expect more downside to around $60 only when the wave (Y) in blue and Wave ((II)) in black are complete. Technical Analysis: - H1 & H4 Right Side are Turning Down - Technically AMZN has now 5 waves down and has a strong correlation with NASDAQ - that's why we expect that it extends lower to around $60 where smart buyers will must appear and we'll like to do an edging buy. Shortby Market-Right-SideUpdated 8810
amazon 4hr shorti take the lower high on macd as confirmation the price will turn down. Shortby bmrm980
Amazon short to medium term On long term Amazon, 7 weeks, 21 days and 13 days time frames was so oversold like previously in late 2001 so I expect a pretty strong reaction to the upside. Retraced 56.94 from top so a valid and strong correction. On short term a possible 1-2 is baking and the reaction on the upside looks weak giving me the idea that maybe is just a corrective B wave before going in a C to complete the 1-2 wave. If it;s going beyond wave 1 peak then maybe we are already in wave 3 but the way it moves on daily doesn't gives me hope. If 87.xx support level is strong we can see a wave 3@ at least 142.xx. If your newsfeed is doom and gloom then maybe the bottom is already in.by bnpascu0
Do Not buy Amazon right now! Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.by MiguelFTCuradoUpdated 443
Amazon - AMZNLeft chart – daily chart / 1 year • Resistance from the gap formed ending October 2022 at 103.96/109.77 • Support from the gap formed beginning November 2022 at 89.47/91.65 • Stock is trading between the support and resistance gaps in a sideways trend • Decreasing volume in the last days Right chart – weekly chart / 5 years • Downtrend since mid-November 2022 • Downtrend supported by 50 weeks moving average • Resistance at the 23.6% Fibonacci Retracement at 106.80 • Decreasing volume in the last weeks Stay short as long as we don’t see a clear break of the resistance at 109.77. At that point the downtrend is broken, the Fibonacci retracement becomes a support and the gap resistance (left chart) is filled. Shortby Oliver-Basel3
AMZN daily ABC correctionSell to Open AMZN Nov 18 2022 90 Put Limit at $0.14 (Good 'til Canceled) AMZN daily ABC correctionLongby MishaSuvorovUpdated 112
Can Amzn break the down trendline?İf AMZN can break the downtrend it can go to 122 and then 134 it is my first Scenario and i think it can. because in daily MA 50 and MA 100 under the price, and one higherlow is at is created at 89.20 ichimoku is in the buy. otherwise it can't break the downtrend it can go to 93 and try again the break the downtrend. İnlong term i am very bullish.Longby hiodabasi2
AMAZON BULLISH TRENDAMAZON is looking in a bullish trend as it is printing higher highs and higher lows.Longby awais00757112
$AMZN Daily swing trade order$AMZN Daily swing trader order Sell order for the day: 112.26 Buy order for the day: 95.64 ———— So this is by far one of the most effective strategies that I’ve traded ever. I used to have a very similar version and some of you may remember it from a few years back… but this just requires one buy order and one sell order every day after close… and as the market dips you’re buying and as it’s rallying you’re selling into the rally…. You don’t have to think of anything else…. Its super simple… in a way it’s a very passive swing trade strategy where you’re always buying the dip and always selling on the way up… I am not your financial advisor and feel free to follow along to see how it plays out and jump in any time. I’m tracking only a few of my positions on here and I want to see the success rate after 3 months. I know it works really well already but I want to be able to break it down and see it visually…. I’m visual like that… lol Also not that there aren’t supposed to fill same day… I have each order set to GTD, and the date is 8 weeks out…. So it just needs to fill within 8 weeks…. by SPYder_QQQueen_Trading8
Amazon Hourly Cup and TeaAMAZON hourly Inverse cup and tea, continuation SL:96.48 EP:101.21 TP1:106.20 TP2:111.03 Longby SMS142
Amazon Hourly Cup and TeaAMAZON hourly Inverse cup and tea, continuation SL:96.48 EP:101.21 TP1:106.20 TP2:111.03 Longby SMS140
Amzn101 or 97 but it's pulling back. Rising wedge and bearish divergence on RSI Yesterday they used aapl to prop the market up, today amazon.. the musical chairs games are about to stopShortby ContraryTrader111115
AMAZON : Let's go Bullish againAfter 2 years of negativity the Predictum is finally positive again. There's not much to say about Amazon, it's a solid and valid company. This is a very positive signal that joins the rest of my buy signals. I have increased my positions and will continue to do so as long as the conditions are positive considering a medium/long term vision.Longby LuTrader_LB0
$AMZN - Could see a breakout$AMZN is up against the trendline. If it breaks out it could hit 200DMA at 107.49. Since 03/2022 every time the price hit 200DMA it reverses. This time, it looks like it will get to $116 near term. Target 1 - $107.49 Target 2 - $116 Target 3 - $127 I am long #AMZN. —— Trade is done when it hit one of the target or stop loss is hit. Disclaimer: Trading note. Not an investment advice.Longby PaperBozz3
#Amazon: Double Bottom😱The overall market structure is bearish Price found strong support last week and as you can see Price is making a bullish correction Price has formed a Double Bottom pattern indicating a bullish continuation A break above the resistance which aligns with the 38.20% will open doors For a bullish uptrend to the next key level I'm bullishly and biasedLongby ChrisLaw12
Analyzing the timings of the coming crashAt this point there are just two scenarios for 2023 market development: 1. The market crash will happen entirely in April-June. 2. The sell-off will take the entire 2023. Looking at the logarithmic scale of some stocks I see that the crash may take a lot more than 2-3 months. I am 100% confident that April-May will deliver on its bearish promises, but the markets may just trace 1/3 of the sell-off. SPX may end around 3000, and then the sell-off will take a summer break. In this scenario June-July will be quite peaceful and uneventful. But in August-October the real crash will occur.by AndyM669
Amazon -> Bullish Trend ReversalHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock just recently retested and already rejected a quite strong previous weekly support zone at the $85 area which was turned strong support once again. You can also see that from a weekly perspective we do have the possibility to created a double bottom and start a new bullrun from here so I am now just waiting for a break above the neckline at $105, followed by a retest and then more continuation towards the upside. On the daily timeframe you can see that Amazon stock is already creating bullish market structure, however I am still waiting for a break above the $105 resistance and a retest before I definitely do expect more continaution towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: Long02:08by basictradingtv424256
AMZN - Not a good setupScamazon has to retake $120-126 level to continue its bullish run. Otherwise, it might go lower. Much lower. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.by ProfitProphet9111
The Ultimate Amazon Buying Opportunity? Is this level the ultimate buying opportunity for Amazon, with a rally back to the 145 level, or are we going to see it continue downwards? Let me know your thoughts on this one. by BrandonB7771