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AMZN trade ideas

AMZN - TREND BREAKOUT AND CONTINUATIONFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
NASDAQ:AMZNLong
by Profitlio_Trading
MyMI Options Play - AMZN CallsAMZN has recently broken it's current downtrend channel as identified but has also broken above and found closure/support above the 50% retracement from the $180 ATHs that it saw back in Nov. 2021. I haven't purchased my long-term opts on this yet to see if a reversal in the current market push due to NVDA and other AI-Based movements that are holding up the markets. I expect some retracement at some point and potentially back to $114. From there I will look at the support we find back at that 50% retracement level ($114) and look for a long-term hold to back to the $140-$145s (if not higher).
NASDAQ:AMZNLong
by MyMIWallet
AMAZON on a 1D Bullish Cross, first since Feb 2020!Amazon Inc (AMZN) just completed a Bullish Cross on the 1D time-frame, the first in more than 3 years (February 04 2020)! That alone is the strongest long-term buy signal we could get. On the shorter term, now that the price is comfortably above the Bear Cycle Lower Highs, we will start targeting on every pull-back the upper Fibonacci levels, which match fairly well the Lower Highs Resistances of the Bear Cycle. Our medium-term target is 146.50 (slightly below the 0.618 Fibonacci). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMZNLong
by TradingShot
3
AMZN - Breakout Rising Trend Channel🔹AMZN has broken the rising trend up in the medium long term. 🔹The moving average indicator has also given a positive signal. 🔹AMZN has support at 113 and resistance at 136. 🔹Overall assessed as technically positive for the medium 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 ❤️
NASDAQ:AMZNLong
by wavepoint99
Amazon Set To Reach 40% Growth For 2023?From October 2001 to July 2021, Amazon shares rocketed from $0.27 to a record-breaking high of $188, a stunning 70,000% rise. Remarkably, during the height of the Covid-19 pandemic, Amazon's stock surged 23%, contrasting sharply with the S&P 500's 19% dip. However, in late 2022, Amazon faced a downturn, with prices falling below the $100 mark. After hitting a low just above $80, prices started to bounce back, battling resistance at the $100 mark until eventually regaining ground in January 2023. Currently, we are seeing a bullish trend with higher highs and higher lows. The share price has surpassed its February 2nd high at $114 and is now using this level as support. Considering the stock has already ascended 34% this year, reaching a 40% growth mark over the coming weeks or months is plausible. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:AMZNLong
by Sublime_Trading