Amazon stock screaming BUY MEAmazon annual time frame is indicating a continuation of the trend.
RSI: showing market exhaustion to the downside
Stochastic: showing that the market is oversold and ready to be bought up by the bulls
AMZN trade ideas
AMZN AnalysisPrice consolidated since my last analysis. Price has recently took the buy-side liquidity and is unable to push price down. Price could consolidate here for a while until a clearer price action can be seen. But do note that price is within a bearish POI which is still valid for price to continue lower.
Amazon After a great rally Amazon has now touched the previous trend support as reistance. If Amazon fails to break above 130-133 area and close above then Amazon wil see a large pull back from this point. Entry as close to 130 as you can stop yourself above 133 and you may see a very very large bag of profits
Is AMZN approaching strong pressure?Is AMZN approaching strong pressure?
This chart shows the weekly candle chart of Amazon stock from September 2020 to present. The graph overlays the top to bottom golden section for 2021. As shown in the figure, after completing the double top form in 2021, Amazon stock plummeted all the way to the end of 2022, and then completed the W-bottom form! Amazon stock has recently broken through the top to bottom golden ratio of 1.618 and 1.382, and is about to test 1.000! So, in the future, we will use the lowest point of 133.57 in March 2022 as a key position for Amazon stock, and pay attention to whether it can effectively intercept the recent upward trend!
$AMZN are we still long?AMZN completed a 1 for 1 measured move from the angular resistance breakout but there is still some unfinished business to a mean revision of the previous long term bearish trend. Does it have enough momentum to coast the rest of the way? Let's talk about it in the comments.
AMZN Amazon could lose market share because of ChatGPT If you haven`t sold AMZN here for a profit:
Then you should know that the implementation of a chatbot like ChatGPT, powered by OpenAI's advanced natural language processing capabilities, could indeed provide an opportunity for consumers to find the cheapest price online for the same product. In an era where price comparison and cost-saving measures are highly valued by customers, this feature could be a valuable asset for Bing.
Amazon's reputation for having expensive and overvalued prices has been a topic of discussion among consumers. While Amazon provides a wide range of products and convenient shopping experiences, some users have expressed concerns about the pricing competitiveness on the platform. This presents an opening for Bing to attract cost-conscious consumers who are actively seeking better deals.
Furthermore, the concern over the origin of products, particularly those manufactured in China, has gained attention in recent years. Some consumers prefer to avoid purchasing Chinese-made products due to quality, safety, or political reasons. If Bing can provide a search experience that allows users to filter or identify the origin of products more effectively, it could cater to a segment of consumers who prioritize alternative sourcing.
If I had to buy some options, that would be the following puts:
2024-1-19 expiration date
$105 strike price
$4.10 premium
Looking forward to read your opinion about it!
AMZNCurrently rejecting weekly supply zone & 1.618 extension from the c0vid crash. Price target from inverted h&s from November-March is roughly $125 as well. I like the odds of a pullback here.
TSLA NVDA AAPL AMZN GOOGL MSFT|Sp500 QQQ Price Level Trend Guide- CPI Data 830am EST tomorrow
- FOMC & PPI Wednesday
- TSLA side ways tightening range will break tomorrow, 4h 12 EMA full bull control guide
- NVDA bull break from falling wedge
- AAPL likely testing all time high again soon
- AMZN retracing almost all of its drop likely testing its recent high
- GOOGL weakest of the big tech still potential forming a daily downtrend
- MSFT in the middle still has potential to form that daily downtrend but QQQ needs to start its weekly consolidation
- SPY testing 0.65 golden pocket resistance
- QQQ gap filled looking for weekly consolidation soon
AMZN to the downside!I caught this entry in AMZN making a lower high, getting a confluence between 0.618 fibonacci level and daily pivot point resistance. My tarea profit will be on the nearest low.
AMZN to the downsideI caught this AMZN entry making a lower high, got this with a confluence of fibonacci level 0.705 and daily pivot point resistance. My take profit level is on the nearest lower low.
AMZN: Buy ideaOn AMZN as you see on the chart we have the breakout with force the vwap indicator by a big green candle with a large green volume so it's mean that we will have a big probability to have an uptrend.Thanks!
Amazon ,,, Correction possibility This very long bearish candle with considerable volume trade can be a sign for a correction.
I closed it and waiting for forming a correction wave and another entry.
AMZN AnalysisPrice playing out nicely as analyzed last week, giving us a 9.12% move before the bearish candle yesterday. If price were to continue higher, the next target for this bearish retracement is the bullish POI at 118.60. If price decides to go lower, we could see price potentially targeting the sell-side liquidity at 104.78 created in late April 2023.
Amazon Up 47% This Year Already!Amazon is once again proving its innovative prowess by negotiating with key players like Verizon, T-Mobile, Dish Network, and AT&T to offer budget-friendly or free mobile services to its U.S Prime subscribers. This groundbreaking step could transform the telecom sector and strengthen Amazon's position by merging e-commerce and telecom.
Bundling wireless plans and a Paramount+ subscription into Prime, Amazon is poised to significantly boost its market status.
The company's stock has already skyrocketed 47% this year, with a 14% hike in May alone. A few potential roadblocks include the weekly 200 simple moving average at $132 and resistance at $144. Yet Amazon's consistent growth pattern suggests minimal impact.
Despite a 55% pullback between 2021 and 2022, Amazon is likely to bounce back and may even outperform its past peak.
With a successful telecom endeavor, shareholders could see stocks surge past $188 and potentially break the $200 resistance. This venture not only bodes well for investors but could also reinvent the e-commerce landscape by providing unparalleled integrated services.
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Angles of Amazon, Inc. (AMZN)1. Use the 5/24/2022 — 8/16/2022 range to inscribe 90° and 45° offset lines.
2. Use the 11/25/2022 and 2/16/2023 corners of the box and the 10/6/2022 midpoint to forecast turning points.
AMZN-1H-BEARISH REVERSALAmazon is making a bearish reversal with the support of a bearish rising wedge, there is also a falling volume indication also showing the potential bearish move in the future, Bearish diversion is also there on the rsi index
price was jumped before the launch of Vision Pro, this might be a fake pump due to news of the launching a new gadget
AMZN ready for drop of 20%AMZN is ready for a major drop. Friday it formed a bearish reversal candle shooting star. The last two trading day was on a lower volume than 20 days average volume which is bearish.
RSI has huge negative bearish divergences and is pointing to a drop.
MACD also formed bearish divergences.
Everything is pointing there is no more energy for the continuation of the move.
Drop is likely towards the area of support where is a horizontal supports level, 50 and 200 days MA which will definitely act as support.
LONG. AMAZONlong Amazon AT : 83
TP1 : 104.80
TP2 :114
SL : CLOSE BELOW 76
NOTE : 🚨 Not financial advice 🚨
The content provided on this channel is not a manual for any financial activity.
It's only represents my personal market and financial view.
Once TP1 reached stop should be moved to BE .
$AMZN weekly Fibonacci NASDAQ:AMZN weekly chart pierced the 618 fib level and pulled back. Still in uptrend support at the green dotted line.
AMZN, 12d+/-14.9%falling cycle -14.9% more than 12 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
AMZN: Buy ideaBuy idea on AMZN as you see on the chart because we have the breakout of vwap and the resistance.Thanks!
