$AMZN Analysis, Key Levels & TargetsNASDAQ:AMZN Analysis, Key Levels & Targets
Really fun run… I bought for earnings and this was, really, the only earnings play I did this year….
But now it’s time to look down. 126 Buy target
4AMZN trade ideas
AMZN: Last week of NovemberTPs in the chart as well as threshold.
Expected move is up based on probs and the inverse H&S formation on the weekly chart:
But let the PA speak for itself.
I expect it to go for 2 Standard deviations, which is in the mid-$ 180 range, but that is longer term, not this week.
Watch for a break in either direction. Outlook for Monday is bullish.
Safe trades!
Five Wave Up!!The fifth wave is expanding??Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
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However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
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Keep trying and never give up.
Good luck!
AMZN 15 Minute Demand Zone Day Trade ideaWaiting for the price action to come down to the demand zone to consider buying calls.
Buy Calls: $146.51-146.88
Why we are selling AMZN at 148The market's bull run is set to end based on the indications for seeing on the S&P.
AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are:
1) Daily chart is overbought
2) H4 is overbought and lot of divergence present
3) The upward trend line has been violated which has been intact since October 23, 2023
4) There is a shark pattern in play
This will need to be held for 3-4 weeks until it hits close to 132 or there is a buy pattern. Good luck to you and may the pips be with us.
Amazon breakoutAmazon has broken through resistance that has been holding it for weeks now and that is just this attempt. It also attempted a breakthrough in aug and march. The next 2 resistance areas are marked on chart with the white lines. 160 to 166 should be the next TP zone.
TP=take profit
#AMZN#
Amazon currently holds a 'B' rating (63.49%) and has shown strong performance over the past 12 months with a return of 23.35%. This outperforms the S&P 500 by 37.4 percentage points, which has a return of -14.05%. Financially, Amazon exhibits strong indicators including earnings per share (EPS) of 53.6744, net profit per share of 1.9452, operating cash flow per share of 6.9418, and free cash flow per share of 1.6393. Notable data includes cash per share of $6.2167, book value per share of $17.7265, tangible book value per share of $15.5225, shareholder equity per share of $17.7265, and interest-bearing debt per share of $13.4218.
Recent news highlights a 71% increase in Amazon's stock price this year, bouncing back from a 50% drop in 2022. Q3 financial results exceeded most analysts' expectations, with revenues reaching $143 billion, a 13% year-over-year increase. Despite AWS revenue falling short of expectations, Amazon's dominance in burgeoning sectors like e-commerce and cloud computing makes it an attractive investment. The current price-to-sales ratio is below the 10-year average, indicating a recovering real estate market.
Additionally, Amazon has established a strategic partnership with Moderna Automotive Group, starting online car sales from 2024. Customers can buy cars through Amazon's platform and choose local dealer delivery or pickup. This partnership positions Amazon as Moderna's digital transformation partner, leveraging AWS cloud services, and introduces in-car Alexa by 2025. The deal bolsters Amazon's dominance in AWS cloud computing and creates new potential revenue streams.
Technically, Amazon has re-entered an upward channel, with daily RSI and CCI indicators showing no oversold signals. This suggests market expectations of a price increase. Strong support is evident at the S1 level, indicating a short-term target (T1) for a quick test at $160. In summary, Amazon's future prospects seem bright, and it is recommended for mid-term investment portfolios.
Entry price: $135-150
T3: $196
T2: $170
S1: $140
S2: $134
S3: $125
AMZN LongLevels and Targets for AMZN
Remember Zones defined here will be acting as support or Resistance...So book your Profit accordingly
Please consult your financial advisor before investing
All research is for educational purposes only.
✅AMAZON SHORT FROM RESISTANCE🔥
✅AMAZON has been growing recently
And the stock seems to be locally overbought
So as the price has approached a horizontal resistance of 147$
Price fall is to be expected
SHORT🔥
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$AMZN Inverse Head & Shoulders PatternThe stock of Amazon.com, Inc. ( NASDAQ:AMZN ) is currently exhibiting an inverse head and shoulders pattern, a noteworthy development in technical analysis that often signals a potential bullish reversal. For this pattern to be confirmed, it is essential for NASDAQ:AMZN to achieve and sustain a weekly close above the neckline of this formation.
AMZN AnalysisPrice played out nicely according to my last analysis. Price rallied +7.83% into the FVG at 133.72 which then played out nicely to my expectations again into the daily OB at 118.60, giving us a nice -11.99% move to the downside. Price then respected the daily OB and made a clean move to the upside, giving us a +24.83% move. From here, price is starting to lose momentum, and I'm expecting a bearish retracement from here into the discount level.
AMZN - Time to LONG ?AMZN long term profit ?
A popular stock + Cup & Handle pattern + Good fundamental details + Above the average line 150. Only an idea and not a recommendation for trading!
Amazons future looks to be coming to a closeIts a very tough market to predict with so many economic issues going on in todays world.
I took a chance on this company and held for a long time until recent years.
Cashing out was the smartest decision at the peak of such a long rally.
Nobody is expected to hold forever. Jeff Bezos was cashing out and officially stepped down
so that should of been a signal for everyone to start selling. The future looks dim and overall
confidence in the growth of this company moving forward into 2030's is a big NO...
So the big question is whats next. Will they expand into a new area of the market "possible"
Much debate on the future of Amazon. It got so big and people are cashing out on the gains.
I will be watching for some announcement mid 2024 to mid 2025.
Early signs Amazon bear market continuation. Bitcoin RiseLooking at the overbought stock market Amazon Nvidia and so many others.
A huge money flow wave is about to hit the crypto markets.
Bitcoin
Ethereum
Algorand
and so many other crypto assets.
This is not a prediction.
This is fact.
Do your research and make sure you invest wisely. Manipulating bears have
been speaking loudly to cause fear.
Algorand is the most undervalued token in the crypto market today.
Trust me it is a hot investment right now.
Bitcoin and Ether is dominate but don't put all your eggs in one basket.
Diversify.
I put 1000.00 to 100,000 in each crypto investment i choose.
Bitcoin and Ethereum i trade like gold. Long term investments with large capital.
Don't lose your gains if that resistance is realized. Amazon chart is scary right now.
Nvidia chart is scary too. Good luck
AMZNNASDAQ:AMZN
Target green
Stop Loss red
potential inverse head and shoulders pattern here, I have measured the potential target!
GL
Black Friday Buzz for AMZNThe Giant of e-commerce and AWS for small businesses, which now has AI integrated, is moving up in anticipation of a strong Black Friday for $NASDAQ:AMZN.
The new CEO who took over form Jeff Bezos is doing a good job. As the CEO of the AWS division, he did an amazing job building that division of AMZN. Outstanding CEOs make a company great. CEOs are more important than most investors realize.
Weekly Chart shows that AMZN is about 40 points from its all-time high, so plenty of opportunity for it to move up further from here. The Blue lines indicate levels where Dark Pool buy zones and Pro traders moved in most heavily. These are now strong support levels for the stock.
AMZN: Buy ideaBuy idea on AMZN as you see on the chart because we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
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.
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.
AMZ • Amazon.com • XETRA SHORT TF M30#AMZ • Amazon.com • XETRA SHORT TF M30,
TP = 125.10 , SL = 136.16
The trend continues, the nearest support level according to my calculations TP = 125.10
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 ;)
