AMZN AnalysisPrice playing nicely as analyzed last week, giving us a 2.96% move to the downside. No changes to my expectations, I'm expecting price to continue lower following the bearish order flow into the bullish POI at 118.60 next.
AMZN trade ideas
Amazon Long Eearnings 52 Week High hit New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance for the next quarter and full year.
I have explained 2 bullish scenarios,1 bearish(worse case).
Bullish:
higher highs higher lows
poc uprising
volume increasing
capital flow rising
In case the Take profits hit, and we have increased volume, I will ride the trend.
I will only take profit 10% of the amazon portfolio and let the profit run.
Exit :Stop loss or trend change signal
AMAZON Bearish Breakout! Sell!
Hello,Traders!
AMAZON was trading in an
Uptrend but now we are
Seeing a bearish breakout
From the opening wedge
Pattern which makes me
Bearish biased and I think
That we will see a move down
Sell!
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AMZN short based on Wheel of Time premier datesFrom the chart, you can see that I've marked the dates of the premier of season 1, and also the official trailer date for season 2.
Now, 19th July is probably the peak for this year's recovery.
Amazon stock price will probably start crashing on 1st September because that's the release date for season 2. It will be a Black Friday for AMZN.
Amazon (AMZN): Against Multiple ResistanceAmazon has lagged other FAANG stocks in terms of pushing high out of ICL, now it is up against multiple resistance where price was rejected before. We can expect the stock to decline following the general market trend. The rising wedge demarcated by the blue trendlines can be expected to break to the downside.
NB: It must be noted that such setups can have a false breakout before turning down, one is best to be aware and not be shaken out.
zekeshtHi,this is for iranian friend : this share published good financial statement for first quarter of year and based on production and sales growth it has acceptable situation.
look at this technical chart i remark for you where to buy.
Good luck
Will you break out of this channel pattern this week $AMZN Actually, it did break out the last 2 trading sessions and we saw that pull back. This week i want price to hit 127 or an attempt to break that 130 area. As always follow price action and try to stay in the game.
Amazon is in a long short race!Amazon is in a long short race!
This chart shows the weekly candle chart of Amazon stocks over the past two years. The top to bottom golden section of July 2021 is superimposed in the figure. As shown in the figure, the low point of Amazon stock in early January 2023 hit the 2.000 level of the golden section in the figure, and is now in the second largest wave of rebound, breaking through the 1.000 level of the golden section! The next strong pressure level for Amazon stocks is at 0.618 on the golden section in the graph!
July Trades (AMZN, account up 1.48%)6th day trade in July is NASDAQ:AMZN on 7/19/2023.
Account is up 1.48%.
Total return in July is 7.98%.
AMAZON is getting Screwed Time to short this Shit as this company had done its bully and now it is going to face its Karma
PARLER is slaping a case against it so we can see a huge fall and bears are there to tear it apart.
check the fib levels and enjoy its fall
please comment you ideas
AMZN AnalysisPrice did not play out as analyzed last week. From here, if price manage to break above 136.65, then we should see price continuing higher following the bullish order flow. Right now, we can still see price potentially going lower to the discount level.
AMAZON: Is starting the new buy wave to 144.50.Amazon is trading inside a Channel Up for the last 2 months on balanced bullish technicals on the 1D timeframe (RSI = 65.517, MACD = 3.080, ADX = 16.131). Yesterday's low and reversal into today's strong 1D candle, looks like the start of the 2nd wave of buying inside the Channel.
As long as S1 holds, we are buying with a target just under R1 (TP = 144.50). If the S1 breaks (candle closing under it), we will take a quick sell targeting the 1D MA50 (TP = 127.00).
Important observation: The 1D RSI is inside a Channel Down, hence a bearish divergence to the price's Channel Up. If it crosses above it, buying is favored. Otherwise, it should cause a bearish reversal sometime soon.
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AMZNI have buyed at 131.56 my profit is 133.80 reason is simple the selling and profit booking has made enough room for buyers, thus continuing the trend
W PatternRoom to run if conditions support it.
Price is trying to stay above the diagonal resistance line so I turned it orange as it is not clear it is a support line yet. I would turn it green if strong support and blue if new support.
New patterns may emerge, but there is a discombobulated triangle that is loose versus tight.
Tight triangles with price filling the space are more reliable than loose triangles which consist of a lot of open space.
Valley 2 is higher than valley 1. Possible Bat. Bat patterns normally continue to the .886 and an Alternate Bat to the 1.113. Patterns morph over trading days so no way to know for sure.
No recommendation
AMZN next long oppAMZN is forming a new channel, I like that kind of pattern.
A Fibbonacci would give us almost the same signals like the current volume profile - good sign.
I would enter long about $133 and exit around $135
July Trades (AMZN, account up 0.46%)3rd day trade in July is NASDAQ:AMZN .
Account is up 0.46%.
Total return in July is 5.49%.
Digital and technical analysisWe see that there is an increase in the buying momentum and we are in a major upward correction
$AMZN, Daily TFNASDAQ:AMZN , Weekly rejection. Do we see a breakout to 145$ or a rebound to the daily support 128$ ?
AMZN - Rising Trend Channel [MID -TERM]🔹Support at 113 and Resistance at 144.
🔹Technically POSITIVE for medium-term long-term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
Amazon in dangerous territory here. Brown trendline represents the head and shoulder neckline. Yellow neckline is the rimline of an inverted cup and handle. Both essentially have the same breakdown target. Price needs to get above these trendlines soon to avoid triggering the breakdown.
AMZN Buy idea
broke yesterday high
The trend is also Bullish
Strong Resistance at 136.49 That will be our Take profit
Part 2 of All 7 Mega TECH stocks | QQQ Sp500 TREND GUIDE- I cant stress enough to follow the trend on these stocks, there will be a time to short when we see daily downtrend confirming
- FIRST STEP for bears is we need a hourly downtrend for anything to really happen
- As of now all mega tech are still healthy
