AmazonHello Traders, Skyboxpips here! We posted an analysis last week stating that Amazon stock will reach that $188 level. We are at that level awaiting a break and retest to the buy-side to carry forward the bullish trend momentum. That 188 level is acting as a small resistance levelLongby Skyboxpips3
📉 Amazon Peaking?We have a bearish harmonic pattern on the Amazon chart. The pattern calls for a drop. ➖AMZN hit a new All-Time High recently but the week ended up closing red. ➖Seeing the long-term drop in trading volume and related markets, we can predict that soon this bullish sentiment that has been going for months will change. ➖It can happen that the pattern is not yet complete and we see additional growth before the crash. Seeing the bad geopolitical news we have, the crash might start right away, maybe even on Monday. Both scenarios are easy to visualize. Now or then, In ten weeks or just one day, It doesn't matter how long it takes, A correction is underway. Namaste.Shortby AlanSantana7734
🌟📈 AMZN: Amazon on Olympus's Peak!Traders, brace yourselves for an epic showdown with Amazon! 🌟📈 🔍 Critical Juncture: We're witnessing a pivotal moment as Amazon stands at the summit of Olympus. The level at $188.11 has proven its mettle twice before. Will lightning strike thrice? The stakes have never been higher! 💡 Adventure in the Jungle: Embark on a thrilling journey through the Amazonian jungle of trading! With a potential 27% journey to the first buy zone, are you ready for the wild ride ahead? 🔥 Join the Expedition: Venture forth and share your thoughts on this daring expedition! Are you prepared to navigate the treacherous terrain of the market? The jungle drums are beating, and the adventure awaits! 💬 Your Quest Awaits: What's your strategy for tackling this Amazonian challenge? Share your insights and embark on this exhilarating quest with fellow traders! The path to glory awaits those bold enough to seize it! 🎁 Discover the Treasure: Remember, the most insightful comment could unlock a treasure trove of prizes! So don't hesitate—join the expedition and stake your claim to riches in the jungle of trading! 🏆💰by RICHI_CRYPTO_SIGNAL223
Amazon(AMZN)Hello friends In the Amazon share, we see a 5-wave uptrend, all of which have been completed. There is a static resistance in the range of $188, and considering the divergence between waves 3 and 5, we can expect the price to drop. Therefore, with the start of a downward trend and the loss limit of 190 dollars, you can enter the sale transaction. The profit limit can also be considered as 140 dollars. I recommend you to install Trading View software on your phone to support me and see my analysis and support me with your comments and Boost. Be successful and profitable.Shortby M_Gheysvandi116
Amazon - Long - Target 162Amazon expected to hit the levels of 162. The stock is in the retracement levels now and max expected to retrace to the level of 120.Longby Investing_TradingUpdated 131360
Amazon Grows To Over 750,000 RobotsAmazon ( NASDAQ:AMZN ), the e-commerce giant, is undergoing a profound transformation as it embraces automation at an unprecedented scale. With over 750,000 robots now working alongside its human employees, the company is reshaping the future of work in its fulfillment centers. This surge in automation comes as Amazon ( NASDAQ:AMZN ) seeks to optimize efficiency, safety, and delivery speed for its customers. New robot models like Sequoia and Digit are revolutionizing inventory management and order processing, freeing up human workers from repetitive tasks. However, this shift toward automation raises important questions about the future of employment. While Amazon insists that robots are meant to complement human labor, concerns about job displacement and the implications for the workforce are inevitable. Critics argue that the rapid deployment of robots could lead to job losses, particularly in tasks that are easily automated. Research suggests that industrial robots have a significant negative impact on workers, affecting jobs and wages in the areas where they are deployed. Yet, Amazon ( NASDAQ:AMZN ) contends that automation has led to the creation of new skilled job categories within the company. This evolution reflects a broader trend where human employees are transitioning to more complex, nonrepetitive tasks that require higher levels of skill and creativity. Nevertheless, the integration of robotics and artificial intelligence (AI) is reshaping industries and the labor market, presenting both opportunities and challenges. As Amazon ( NASDAQ:AMZN ) navigates these changes, the broader challenge for society will be to ensure that the benefits of automation are shared equitably and that workers are prepared for the jobs of the future. Amazon's ( NASDAQ:AMZN ) journey into automation serves as a microcosm for broader trends in the economy. As technology continues to advance, the key will be to harness its potential to improve productivity and enhance human lives while addressing the societal impacts of automation on employment and income inequality. Technical Outlook Amazon ( NASDAQ:AMZN ) stock is riding on the bullish train with a Relative Strength Index (RSI) of 71.99 indicating room for more growth in the near term. The stock is trading above the 200-day Moving Average. Longby DEXWireNews5
Time to sell AMZN Stock The AMZN stock is still in the uptrend but has put up a number of patterns to sell. Pattern: Deep Crab on H4 Strong resistance at 187 H4 has a double top with divergence. Shortby JD_TeenTrader223
The Fall of AMZNAMZN has negative divergence. The pattern is a rising wedge but the RSI has been sloping downward. With earnings near, this play could defy gravity. I’m viewing this set up as merely a squeeze. I’m going to wait until earnings, influences the direction and then ride pony in that direction. by kingjtimothy114
Amazon at ATH $188Hello Traders, Skyboxpips here Amazon has been in a bullish trend and is near the $188 level with great bullish momentum. We can anticipate Amazon reacting to the $188 level by a false breakout then sell to the short-side or a break and retest to the buyside. Iby Skyboxpips3
We are in Amazon wave 1 and 2 weekly outlookDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi799
In-Depth Technical Analysis: Amazon.com, Inc. (NASDAQ: AMZN)As of the most recent trading session, Amazon.com, Inc. (NASDAQ: AMZN) presents a compelling case for both bulls and bears, when dissecting the tapestry of technical indicators and chart patterns that have emerged. Price Action and Candlestick Analysis: Amazon's stock has recently formed a series of bullish candles, demonstrating resilience as it hovers above the critical support level at the 50-day moving average. The latest session closed with a slight bearish undertone, reflected in the small red candle. However, the proximity to the upper echelons of the Bollinger Bands signals continued strength, albeit with a caveat of potential short-term volatility or consolidation. Fibonacci Extensions and Retracements: The price is trading above the crucial 0.236 Fibonacci retracement level at $177.87, reinforcing the uptrend since the swing low at $171. The current price has tested the 0.786 Fibonacci extension level at $182.79, teasing the possibility of a push towards the 1.0 extension in the near term, should the bullish momentum persist. Technical Indicators Overview: RSI (Relative Strength Index): The RSI is hovering around 62, suggesting a healthy bullish momentum without immediate signs of overbought conditions. Traders should remain vigilant for any movement approaching the 70 threshold, which could imply an impending retracement. MACD (Moving Average Convergence Divergence): The MACD line remains above the signal line, albeit the histogram depicts a modest decline in momentum. This is indicative of a potential consolidation phase before any significant price movement. OBV (On-Balance Volume): The OBV maintains a steady uptrend, reflecting sustained buying pressure and positive volume-weighted price action. Market Sentiment and News: With earnings on the horizon in 16 days, sentiment appears cautiously optimistic. Amazon’s innovative strides in cloud computing and retail, coupled with market capitalization stability, play a vital role in influencing investor sentiment. Volume Analysis: A notable divergence exists between the recent trading volume and the 30-day average, signaling a potential cooling period or accumulation phase among investors. Speculative Price Targets: Should the bulls maintain control, an approach towards the 1.0 Fibonacci extension level is plausible, placing the immediate price target at approximately $187. However, the next earnings report could serve as a critical catalyst, potentially propelling the price towards the $190 mark, contingent on favorable corporate disclosures. Conversely, any negative developments or market shifts could see AMZN retracing towards the support near the 50-day moving average, with $176 serving as an initial floor. In conclusion, AMZN presents a bullish technical posture with vigilant eyes set on forthcoming earnings. The convergence of technical indicators suggests a continued uptrend, yet traders should brace for potential volatility spikes as market participants position themselves pre-earnings. The adept trader will monitor both the technicals and the forthcoming earnings report to make an informed decision on the direction of this market behemoth.by AxiomEx2
AMAZON: Bullish continuation to 210.Amazon is bullish on its 1D timeframe (RSI = 67.557, MACD = 2.990, ADX = 31.700) as it is unfolding a very stable uptrend supported by the 1D MA50. This is the second bullish wave of the Channel Up, that is the dominant long term pattern. The 1D MACD suggests that we are entering the final phase of this wave that is aiming for a HH at +78.73% from the HL. We are bullish (TP = 210.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
Good time to invest in AMZN stocksWeekly AMZN chart looks great, possibly a 55% upside in the next few months. I'll follow it for sure and a great time to invest and stock up on Amazon.Longby TychonTrades113
AMZN Short: Expects Ending DiagonalThis analysis is based on the expectation that AMZN's last wave is an ending diagonal. This analysis will not invalidated if price moved above 187.24 because currently wave 3 is the shorter than wave 1 and thus wave 5 cannot be longer than wave 3 (see green Fibonacci).Shortby yuchaosng2
AMZN Head&Shoulder Breakup Ready to GOoooo....AMZN is breaking up for a +82% potential gain. A clear Head and Shoulder (H&S) figure, seen on a weekly chart, shows a possible move from 146$ to 266$. It should be good to wait to a bit to make sure that the breakup is better engaged. And, that is not case right now. So, for now, we need just to place one alarm over this situation at 152.00 and another one lower at 137.00, just at the coincidence of the moving averages of 18-21-200 week periods. So, waiting the triggering of one of these alarms would be prudent, before taking action to go Long. Have good trading time, WynTrader Longby Wyn-TraderUpdated 229
AMZNAmazon continues its upward trend. At the resistance level of 162.5, if the price cannot break above 162.5, we may see the price retest the strong support zone 145-149 and if the price can hold above 145, expect further growth opportunities. >>Thank you and GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 1112
Amazon is overbought as price heads into overhead resistanceAmazon weekly chart analysis indicates an overbought condition at significant resistance. Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Short03:37by FXCM2212
AMZNAMZN appears to be in an upward trend, but it is currently experiencing consolidation in the middle of its price range.by AmyThongbai224
AMZN will retest it’s all time high soon..!Anthropic AI is an American artificial intelligence (AI) safety and research company founded in 2 here in Scotts Valley, California! They focus on developing safe and beneficial AI systems. Here's a breakdown of some key points about Anthropic AI: Mission: Their primary goal is to ensure that advancements in Artificial Intelligence are directed towards beneficial outcomes for humanity. Focus: They conduct research on various aspects of AI safety, including: Alignment:Ensuring AI systems act in accordance with human values. Transparency: Understanding how AI systems reach decisions. Robustness: Mitigating the risks of unintended consequences from AI. Products: Their main product is a family of large language models (LLMs) called Claude. Claude is known for its focus on safety principles during development and training. As of March 4, 2024, Claude 3 is the latest version. Interestingly, Claude 3 has been incorporated into Amazon Web Services' (AWS) cloud-based platform for AI services, known as Bedrock. This allows companies to leverage the capabilities of Claude for their own AI projects. Funding: Anthropic AI has attracted significant funding, with over $1.5 billion raised as of July 2023. *One notable investor is Amazon, which has partnered with Anthropic to offer Claude on its cloud platform. Team: Anthropic is led by a team with experience in machine learning, physics, policy, and product development. The founders include Dario Amodei and Daniela Amodei, who were previously involved in OpenAI, another prominent AI research company. Overall: Anthropic AI is a company to watch in the field of artificial intelligence. Their focus on AI safety and the development of large language models like Claude position them as a significant player in shaping the future of AI. by Moshkelgosha19
AMZN heads up at $177: likely break but possible "lower high" Amazon is finally catching up to its brethren. It is currently testing a key level at 177.04/05 IF a correction is near, THIS could be the start. $ 177.04 - 177.05 tight fib confluence is the key. $ 170.83 - 171.71 is the first good support below. $ 187.49 - 188.98 is next major resistance above. I do think that the bull momentum will continue. Break and Retest could be a late entry or an add. Retrace could offer entries at the supports below. =========================================== .by EuroMotifUpdated 1114
Amazon's Billion-Dollar: Anthropic Investment Fuels AI Arms RaceAmazon's foray into the realm of artificial intelligence has reached unprecedented heights with its monumental investment in Anthropic, a San Francisco-based startup pioneering generative AI technology. With a staggering $2.75 billion injection, Amazon ( NASDAQ:AMZN ) solidifies its commitment to staying ahead in the AI arms race, marking its largest venture investment to date. This strategic move underscores the escalating competition among tech giants to harness the transformative power of AI and secure their positions in the rapidly evolving technological landscape. Amazon's Strategic Maneuver: By doubling down on its investment in Anthropic, Amazon ( NASDAQ:AMZN ) demonstrates its strategic foresight in identifying and capitalizing on emerging technologies with disruptive potential. Anthropic's cutting-edge AI capabilities, including its foundation model and chatbot Claude, position it as a formidable contender in the AI landscape, challenging established players like OpenAI and ChatGPT. Amazon's substantial backing not only enhances Anthropic's resources for research and development but also strengthens its competitive edge in driving advancements in generative AI. Implications for AI Innovation: The infusion of billions of dollars into Anthropic reflects the growing significance of AI as a transformative force across industries. With Anthropic's groundbreaking AI models outperforming industry benchmarks and setting new standards for performance and capability, the potential for innovation in areas such as language processing, reasoning, and multimedia analysis is immense. Amazon's strategic collaboration with Anthropic is poised to accelerate the pace of AI innovation and unlock new possibilities for enhancing customer experiences and driving business outcomes. Tech Giants' Spending Blitz: Amazon's blockbuster investment in Anthropic is part of a broader trend of heightened investment activity among cloud providers and tech giants in the AI space. As competition intensifies, companies like Microsoft, Google, and Salesforce are also making significant investments in AI startups to bolster their AI capabilities and expand their market reach. This spending blitz underscores the pivotal role of AI in shaping the future of technology and underscores the strategic imperative for companies to stay at the forefront of AI innovation. Regulatory Scrutiny and Ethical Considerations: While the surge in AI investments signals a growing appetite for innovation, it also raises important questions regarding regulatory oversight and ethical considerations. Concerns about antitrust issues, revenue reporting practices, and the potential for misleading investors have prompted regulatory scrutiny, including inquiries by the U.S. Federal Trade Commission. As AI continues to reshape industries and societies, stakeholders must navigate complex ethical and regulatory landscapes to ensure responsible and equitable AI development and deployment.Longby DEXWireNews2
✅AMAZON POTENTIAL SHORT🔥 ✅AMAZON will soon retest a key resistance level of 188.92$ So I think that the pair will make a pullback And go down to retest the demand level below at 174.16$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx115