AMZ trade ideas
AMZN | Line DrawingInformation to have in mind:
I've graphed a few historic values that most analysts have in their notes.
Amazon.com Inc. reports their earnings 04/27/23 AMC: I'm anticipating the market will buy the surprise.
The %B is at a good value to "signal a continuation".
Amazon is SOLIDAmazon has made a slightly bullish flag. Watch closely and look for best retest levels for entry
AMZN AnalysisPrice played slightly to analysis last week. Price did a bearish retracement after taking the equal highs at 101.17, but has not yet mitigated the bullish POI at 93.57. No changes to my expectations, expecting price to continue lower into the bullish POI. However, if price breaks above 102.1, we could see price continuing higher into the bearish POI at 114.00 without going lower.
$AMZN Amazon looking to test another breakoutNASDAQ:AMZN
Taking a look at Amazon here on the daily and we can see that its making another attempt to breakout out of the range.
AMZN. TF H1. Buy limit order at 95.15On the hourly chart, the trend began on March 13 (linear regression channel).
On March 22, the level of 102.07 was reached (the upper point of the TMA channel). But the lower point around 95.15 (lower point of the TMA channel) was not formed.
Therefore, I propose to set a limit order to buy at the level of 95.15 .
A possible take profit level of 105.70 . But do not forget about SL = 87.60
Good luck!
Regards, WeBelieveInTrading
AMZON INVERTED CAP& HANDLE ON 1HR CHARTAMZON INVERTED CAP& HANDLE ON 1HR CHART. IN this chart we can see inverted cap & handle pattern. There is no divergence seen.
the trend will make new HIGHER LOWS AND LOWER LOWS.
Reasons to Invest in Amazon Stock During Turbulent TimesIn recent times, the stock market has been inundated with negative news. Many companies that were once considered resilient have faced serious challenges due to economic factors such as rising inflation, which has affected their earnings and appetite for stocks.
However, there is a glimmer of hope as history has shown that a bull market always follows a bear market. The only unknown factor is the exact timing of this upturn.
In the meantime, it is wise to invest in companies with good long-term prospects. This is especially true for those that have suffered during these turbulent times as they can be bought at bargain prices. One such company is Amazon, which is currently trading at its lowest level relative to sales volume since 2015.
Amazon's success is largely due to its cloud computing business, Amazon Web Services (AWS), which generates a significant portion of the company's revenue. Although AWS is currently experiencing a downturn due to rising inflation, which has impacted its customers' budgets, the company's revenues continued to grow in double digits. As inflation eases and customer budgets improve, AWS will once again be a profit driver for Amazon.
Another reason to invest in Amazon is its market leadership in e-commerce. The Prime membership program offers users fast and free shipping, as well as other benefits such as movies and books. The program has seen positive results, with Prime members increasingly relying on the service for shopping and entertainment. The NFL's "Thursday Night Football" premiere game generated the highest number of Prime registrations in three hours in the United States. This growth in membership should lead to renewed revenue growth once consumer spending starts to pick up.
In today's tough economic climate, Amazon is taking steps to better prepare for the coming bull market. The company is working to improve its cost structure by cutting jobs and increasing its investment in AWS and technology infrastructure. Although these investments are costly in the short term, they will pay off over time, making Amazon a winner in the coming bull market.
How I find my entrys- bad sound - mac fan not working - valuablevaluable information about finding entrys , using emas, areas of support and resistance elliot waves geometry
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Sell signal in Amazon
It seems this swing has completed its high, Amazon showing sell signal, should be good for decent gains in a weeks time.
AMZN AnalysisPrice consolidated since my last analysis. Price took the highs at 101.17 and closed below that level. Right now, price is trapped between 101.17 and 90.39. On the lower timeframe, price suggests that it should be heading lower for the time being. Potential target for the down move will be the bullish POI at 93.57.
AMZN Trade Idea target 140As per my anaylsis i can see a very bigs falling wedge can breakout both side my baise is upside target will be 138-140. NFA
$AMZN would like to see a drop to this order blockFeeling bearish on AMZN into next week and test this order block
Amazon Stock - AMZN technical analysis9000 employees will finish there job at Amazon .
Follow the lines during the next upcoming days , you might catch good scalp to trade on
