#$AMZN Uptrend or ABC correctionNot financial advice. # NASDAQ:AMZN will see if this is a Fibonacci uptrend move or just an ABC correction. so far it seems like is on the move to confirm wave 3. But time will tell. # NASDAQ:AMZN #Subscribe if you #like my work. Thank you!by alex6666660
Possible Amazon BreakoutAmazon has been trading in a downward sloping channel for over a year now and yesterday the price closed above this channel trendline. However a drill down into the hourly chart shows some divergence on the RSI that I think could indicate that this might become a false breakout. I'm yet to be convinced the rally is a trend shift.by MrAndroid2
AMZN AnalysisPrice playing out nicely as analyzed last week. Price has taken the highs at 114.00 and is currently mitigating the bearish POI. No changes from last week, I'm expecting price to fall from here if we get a confirmation on the lower timeframe.Shortby Keeleytwj2
Amazon -> Finally BullishHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support. You can also see that over the past months, Amazon has been creating a solid double bottom, weekly market structure and moving averages are also very bullish, so I am now just waiting for a retracement and then I do expect more continuation towards the upside. On the daily timeframe you can see that with today's candle, Amazon stock is perfectly breaking above a major previous daily resistance area at the $112 level which is now turned support so I am now just waiting for a retest and then I am looking to get long on Amazon. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: Long02:39by basictradingtv565644
$AMZN - Break of StructureThis market has recently picked up my attention not only because of that ascending triangle base, but also because of its context. Firstly, let's not forget that this market has been trading below a downward sloping 10 EMA, since the beginning of 2022. Therefore, by default, the bias has been to look for a short opportunity, a set up agreeing with the major trend, a downtrend. However, that July 2022 bullish candle, with an overwhelmingly above average size, should have been scary enough to leave the bears in this market uncomfortable, at the very least. Yes, bull runs also happen in downtrending markets, but their momentum and candle size tend to be a lot more shy, at least if the bearish dominance in the market is healthy. Still no bullish trade after that, unless you didn't know what you were doing. Thereafter the price tested but respected the 10 EMA twice, to resume its downtrend, but this time, the new lower low nearly came with an RSI bullish divergence. Another oversized bullish candle erupted in Jan 2023, concluding a bullish kicker signal candlestick pattern, unveiling once again the presence of the bulls in this market. And once again, price below the 10 EMA, so you don't want to be bullish on this market ... but now you had 2 above average bullish candles in this market ... would you really feel convertible on the bearish side here? With so many other markets out there, where you can step in once it becomes highly likely that the contrary forces have a weak presence in that market , why would you risk it for ambiguous scenarios? Only this time, look at the profile shift in this market. Strictly from a price action perspective, look at how the dominant color in this market became green instead of red. And this ascending triangle pattern took from under the described context. What's so special about this market that earned it this whole text? A breakout from this base just popped up. A breakout, which, if sustained, also entails a breakout above a key EMA, which has been respected by the price. And also a breakout which entails a rupture with the previous market structure (lower highs and lower lows) and transition to a new one (higher highs, higher lows - or just a range, we'll see) where bullish trades could become our bias. Before all the bulls out there jump with joy, remember that the month is still going through its equator. But if the breakout holds and closes, this might as well be a trigger for a bullish trade like the one displayed on the chart ... always with the utmost and paramount respect for sound risk management principles. Cheers, Tenacious Tribe - Back Tested Trading Strategies & Studies 50% discount on all of our products with the following code: MOX Q3C WXRX Longby ruben_rodrigues0
TRADE PLAN FOR AMAZONHi Traders, Another opportunity to buy and hold Amazon for profits. time to shop. Tradehubng. Longby Tradehubng1
Potential base pattern on AmazonWe have identified a potential base pattern on the Amazon share price that will complete on a close above 114, the reaction high that we saw in January. A close above 114 would complete the base an offer a potential upside target of 147. One to watch! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. Long01:42by The_STA2
Amazon to gold ratioThis chart shows Amazon stock to gold ratio. There is a clear head and shoulders pattern visible however currently there is a potential trend reversal triangle pattern emerging.by MrAndroid1
MyMI Option Plays - Amazon (AMZN)Just like AMD, NVDA is retracing back to the 50% level of it's most recent drop as well around $114.82. After announcing that they will be unleashing their own AI, I'm sure the reactions going to start picking up at some point behind that. Although AMZN is made of many other things. But from an investment standpoint, I would be interested in going long as long as we break that retracement and hold finally. We shall see! Longby MyMIWalletUpdated 1
3 drives pattern forming w/ rounding topanother view of the live chart this time w/ the parallel channel and showing the rounding top w/ the wave count... currently short the C leg of the bullish cypher down to the D leg of the cypher pattern. Keeps price action in the channel for now, but ultimately I see a B leg retrace to 95Shortby moneyflow_trader5
rounding top short to D leg of the cyphercurrently seeing a bullish cypher set up on amzn. however, im also looking to short the C leg to the D leg of the bullish cypher. Looking for previous resistances to be tested as support.Shortby moneyflow_traderUpdated 110
190 Target The AD is showing an Ascending Triangle, buy the dipsAMZN wants to retest the supply zone, and this is confirmed by the AD showing an Ascending Triangle pattern to $190, which Is spot on near the previous supply zoneLongby moneyflow_traderUpdated 171726
double top short to 95.50 c waveim seeing a double top by the AD along w/ price action + Chikou Span. this is very bearish , setting up a short to C wave 95.50 for amznShortby moneyflow_traderUpdated 225
3x top 1st short target 109 bearish abcd pattern all 3x AD, price action, chikou span have topped on the 15min chart, shorting to 109 on the bearish abcd pattern. ultimate target 95.50Shortby moneyflow_traderUpdated 1
ABC/DPossible target is D. This pattern can reach 100% of leg AB, or a lesser or greater fib level of leg AB. Possible resistance at point B. Dashed line projected from C is approximately 100% AB. Price is above the 50% level of the trend up and below the .382. No recommendation. by lauralea1
AMZN Harmonic ABCD Pattern I have drawn ABCD Harmonic pattern on Amazon stock by using Fib retracement. Entry and exit levels have been defined along with profit and loss, however we will wait and watch the break out of point "B". Furthermore point "D" is our potential reversal zone, as per analysis after the breakout of point B, it will hit point D and then reverse back (at point D we will check the Divergence as well). by Waqas070
Part 2 of NVDA AAPL AMZN GOOGL TSLA | Support & Resistance GuidePart 2 of the NVDA AAPL MSFT AMZN GOOGL TSLA support and resistance guide was only able to fil 20mins for prior video part 1 click the prior video link is below this videoShort08:31by ArcadiaTrading224
AMAZON SHORTLately, tech stocks were gaining a large momentum and I guess from here it gets slower/weaker and falls for a bit. Amazon from here falls for a short period of time based on the technical analysis and chart patterns/indicators. Unless there is very big positive news (which nobody can predict) So from my eye POV, I think it will retest the 104-105 level before any rise. Do your own analysis and trade wisely folks - Thanks Shortby sumanthduthu2
AMZNHello ladies and gentleman chart of amazon stock Like we as see Break key level with two candles We have close candle above key level And If we see first candle on the support We can call it bullish engulfing So now we can analyse what we can expect from The price action High probability to keep rise to next resistance In next mounth Like And Subscribe Thank youLongby Hamzaelghandori22211
AMZN - Breakout Falling Trend Channel- AMZN has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - AMZN is testing resistance at 113. - This could give a negative reaction, but an upward breakthrough of 113 means a positive signal. - AMZN is assessed as technically neutral for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price *Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN Verify it first and believe later. WavePoint ❤️by wavepoint992
AMZN AnalysisPrice is still within the bearish POI where a bearish retracement can happen. There is some bearishness in the price right now, with sell-side liquidity being built over the past few weeks. I'm expecting price to go lower if we get a confirmation on the lower timeframe. If not, the highs at 114.00 is at risk of getting taken out.Shortby Keeleytwj1
AMAZON - SHORT IDEA ON 1h TFI just entered with a short on AMAZON< we have 3 scenarios to TP.Shortby sfc955
$AMZN - Pennant PatternIn which direction do you guys think this pennant pattern is breaking out to? I'm seeing an RSI bullish divergence freshly created. But I'm also seeing imponent 10 and 50 EMAs right above the price right now. In short, the trend is our friend. That's the overriding principle. However, we also know that every trend eventually bends. In any case, the conclusion to be drawn is that all you have to do with this market is wait and see which direction it wants to take. For it is about to disclose that information. Finally, remember, that direction is meaningless for trading decisions in isolation. We need a target/take profit plan, a stop loss, position size, max ttl equity exposure ... a back tested trading system, confidence and mastery in the execution of such a system. Without these, you're trading blindly. Cheers, Tenacious Tribe - Backtested Trading Strategies & Studies 50% discount on all of our products, in our web, with the following code: MOX Q3C WXRXby ruben_rodrigues0