AMZ trade ideas
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
2 day pull rest. 108 targetStill early but this looks like it could be a small flag forming. On the weekly and daily I see a target of 108 for short term bullish move if it finds support here. 108 is around where price would meet the Daily 200 MA and the weekly 50MA
AMZN vs MSFT and NVDAAmazon.com, Inc. (AMZN) looks not so good. NVDA and MSFT look promising
Financial Performance:
Amazon's stock price is currently at 98.54, with a 1-Month High of 100.99 and a 1-Month Low of 88.12. This suggests that the stock has been experiencing some volatility in the short term.
The YTD performance of AMZN is at 15.37%, indicating a positive return for the year so far.
The 5-year performance of AMZN is at 26.85%, which suggests a long-term positive trend in the company's growth.
AMZN has an Exponential Moving Average (200) of 99.15, which is above its current stock price. This may indicate a bullish sentiment for the stock.
Technical Indicators:
Oscillators Rating is "Sell", which implies that there is a bearish sentiment in the short term.
The Moving Averages Rating is "Strong Buy", indicating a bullish sentiment in the long term.
The Technical Rating is "Buy", which may suggest a positive outlook for the stock.
The Relative Strength Index (14) is at 61.24, which is in the neutral zone. This suggests that the stock is not overbought or oversold.
The Stochastic %K (14, 3, 3) is at 89.64, which is in the overbought zone. This indicates that the stock may be due for a pullback in the short term.
Volume and Volatility:
The Volume of AMZN is at 33,177,003, with a Volume*Price of 3,269,261,875.62. This suggests that the stock has a relatively high trading volume and liquidity.
The Volatility of AMZN is at 3.29, which is in the low range. This may indicate that the stock is relatively stable and less risky.
Other Indicators:
The Sector of AMZN is Retail Trade.
The 1-Year Beta of AMZN is at 1.50, which is higher than the market average of 1. This indicates that the stock is more volatile than the overall market.
The Aroon Up (14) is at 85.71, indicating a bullish sentiment in the short term.
The Aroon Down (14) is at 42.86, indicating a neutral sentiment in the short term.
Overall, based on the provided data, the 10 richest stock traders may have different opinions on the outlook for AMZN. Some may be bullish due to the long-term positive trend and Moving Averages Rating, while others may be bearish due to the Oscillators Rating and overbought Stochastic %K. The stock's relatively high trading volume and liquidity may be attractive to some traders, while the higher beta may deter others. The traders may want to analyze additional fundamental and technical data before making a decision on whether to buy, sell, or hold AMZN.
AMAZON AMAZON TECHNICAL ANALYSIS:
The possible target is determined based on the harmonic pattern.
Good luck.
Karim Heydari
AMZN - Falling Trend [MIDTERM]- AMZN shows weak development in a falling trend channel in the medium long term.
- This signals increasing pessimism among investors and indicates further decline for AMZN.
- However, the price has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- AMZN is approaching's resistance at 100 , which may give a negative reaction.
- However, a break upwards through 103 will be a positive signal.
- Overall assessed as technically negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
$AMZNNot financial advise.
$AMZN Still in conflict inside of the broadening formation but possible inverted head & Shoulders with gaps on the red to be filled.
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Thank you
Alex!
Not financial advise.
AMZN Publish IdeaToday, the market is expected to lower the price at 96.09 to 94.57
The market has made an increase at the highest price, and if the market wants to make an increase, it needs to make 1 decrease in price to expectations.
In wave reading, it is market wave 4
AMZN AnalysisPrice consolidated since my last analysis, but took the liquidity at 96.54. I'm expecting price to continue higher after breaking this market structure to the upside. Potential target for this move will be the bearish POI at 114.00.
