Amazon updateHow traders today I will be sharing all results of the complete.set up n some few that still open for investment,next time to things for granted,we're it seems like there is no progress there is light thank you.
AMZ trade ideas
AMZN at an all-time high: To be continued?AMZN reaches a new all-time high of $225.8, positioning itself at the upper boundary of an ascending channel that began on January 6, 2023, when it hit a low of $83.07. This channel, nearing its two-year milestone, has developed in five waves, as outlined by the Elliott Wave Theory:
Wave 1
Period: January 4, 2023 - September 14, 2023
Movement: $81.43 to $145.86 (+79%)
Wave 2
Period: September 14, 2023 - October 26, 2023
Movement: $145.86 to $118.35 (-19%)
Wave 3
Period: October 26, 2023 - July 8, 2024
Movement: $118.35 to $201.20 (+70%)
Wave 4
Period: July 8, 2024 - August 5, 2024
Movement: $201.20 to $151.61 (-25%)
Wave 5 (in progress)
Estimated period: August 5, 2024, to today
Projected movement: $151.61 to a range of $226.00 - $231.85 (+49% to +53% projected)
Key Questions for Caution on AMZN
Will it surpass the channel's upper boundary, setting new all-time highs?
Will it retrace to a dynamic support level within the channel (ranging between $201 and $195)?
Will it break below the ascending channel, signaling the start of a higher-degree correction?
Our opinion is for educational purposes only and should not be considered a recommendation to buy or sell. Before making any investment, consult with your financial advisor.
Amazon - Breaking Trade 12/4/2024There was a great breakout trade opportunity on Amazon's stock, enhanced by a refined entry strategy. The red zone highlights a key resistance level where the price struggled to break through. Eventually, a breakout occurred with a strong bullish candlestick, confirming buyers' strength. However, instead of entering immediately at the breakout, the ideal entry point would be on the pullback to the red zone.
After the breakout, the price retraced back to the resistance zone, which then acted as support. Notice how the price tested this zone but failed to close below it, indicating that buyers remained in control. The optimal entry would occur when the price breaks above the high of the retracement candle, confirming the continuation of the bullish move.
This approach allows for a more precise entry, reduces risk by setting a stop-loss below the support zone, and offers a better reward-to-risk ratio as the trend resumes upward. It’s a textbook example of a breakout-retest setup with confirmation.
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AMZN_ Make it or break itWill it break above the redline or the rising wedge will come in play.
A very critical level to watch.
NFA.
AMZN Short and Long. High Time Frame. I would consider a short in the top box if we start to breakdown. I will be longing the bottom box when we get there and would hold for all time highs.
Trend is up which is why the short should only be entered if we are breaking down from this zone.
Amazon Ignites: 150% Blaze Ahead?The stock has been in consolidation since August 2020, forming an Inverted Head & Shoulder pattern. Recently, it broke out above the neckline and is attempting to sustain above the 200 level.
Currently trading at 210, the stock has the potential to surge to 500 levels in the next few years. However, the breakout lacks strong confirmation, as a significant bullish candle with volume expansion is absent.
A crucial factor to watch is a monthly close above 200. This will help determine the stock's future trajectory and guide our trading and investment decisions.
AMAZON STOCK TO RALLY DURING THANKSGIVING SEASON! Given Amazon's robust performance in the third quarter of fiscal year 2024, with a notable increase in revenue and same-store sales, we anticipate a strong holiday shopping season. The company's raised sales forecast for the fiscal year, projecting a 4.8% to 5.1% increase, further supports this positive outlook. Amazon's emphasis on value and convenience, including enhanced e-commerce capabilities, is expected to attract significant value-seeking shoppers during the Thanksgiving period. With a history of strong holiday sales and positive consumer sentiment, Amazon's stock is well-positioned to rally during the Thanksgiving season!!
AMZN – Climbing the Channel: Breakout or Reversal in Sight? AMZN has been trading within an ascending channel, showing consistent bullish momentum while approaching a critical resistance zone. This analysis outlines key levels, price action insights, and actionable trade setups for scalping and swing trades.
Market Structure & Price Action:
* Recent Trend: AMZN is trading in a clear ascending channel, with the current price testing the upper boundary near $208.
* Liquidity Zones:
* Buyers have shown strength near $205, forming a key demand zone.
* Sellers are active between $208.50 and $210, creating a supply zone.
* Volume Profile: Steady volume during the climb confirms buyer interest, but volume tapering near resistance may signal caution.
Key Levels:
1. Resistance Zones:
* $208.50–$210: Immediate resistance at the channel's upper boundary.
* $215: Next psychological resistance and prior swing high.
2. Support Zones:
* $205: Immediate support within the channel.
* $198–$200: Key demand zone and lower boundary of the channel.
Indicators:
* MACD (1-hour): Bullish crossover supports upward momentum, but the histogram shows potential weakening, signaling a possible consolidation.
* Volume: Watch for a volume spike to confirm a breakout above $210.
Trade Ideas:
1. Scalping Setup:
* Entry (Long): Above $208.50 with confirmation (bullish candles and increased volume).
* Target: $210–$212.
* Stop-Loss: Below $207.
* Short Setup: If rejected at $208.50, short below $207 targeting $205, with a stop above $209.
2. Swing Trading Setup:
* Bullish Case:
* Entry: On a breakout above $210.
* Target 1: $215.
* Target 2: $220.
* Stop-Loss: Below $208.
* Bearish Case:
* Entry: Short below $205.
* Target 1: $200.
* Target 2: $198.
* Stop-Loss: Above $206.
Game Plan for the Week:
1. Monitor price action around $208.50–$210 for signs of a breakout or rejection.
2. Use lower timeframes (5-min, 15-min) to refine scalping entries.
3. A breakout above $210 could signal strong bullish momentum toward $215, while failure to hold $205 may lead to a retest of $200.
Thoughts & Outlook: Amazon’s current trajectory within the ascending channel indicates strong bullish sentiment, but the stock faces significant resistance at $210. Traders should watch volume and momentum for confirmation before entering trades. A breakout could lead to a strong upward move, while a pullback would present opportunities near lower support levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and trade responsibly. Trading involves risk.
11/22/2024 - Here is a new SELL breakout chosen mechanically:This trade is hard to believe because I just can't see Amazon ever being a good idea to short but it came up on my scans so:
11/22/2024 - Here is a new SELL breakout chosen mechanically:
Stop Loss @ $214.10
Entry SELL @ $197.12 or less
Target Profit @ $171.27
Very clear long term downtrend for amazonShort term predictions are with light blue and light orange line, longterm this is def a sell for me
AMAZON - preparation for the Christmas Rally?Hi , dear traders we are watching how Amazon has formulated a very strong assending channel, currently their financials have been doing amazing and we are approaching the Christmas Rally and the finalization of the Q4 earnings. Their recent announcment that they would do heavy investing in AI would be extremely beneficial for the company and sould conclude the continuation of their bullrun.
Entry at 201$
Target 235$
AMZN_1W_Buyhello
Amazon symbol and stock analysis in daily and weekly and long-term time frames The market is in an upward trend and the trading position of buying is suitable for the investor, which can bring 100% profit for the investor in the long run. Important support number 188.00 The targets are 257.00 and 366.00 respectively.
$AMZN: OUTLOOK NASDAQ:AMZN : OUTLOOK
Watching for a 1-HOUR candle close ABOVE $207.17 to ENTER 📈
Targeting $210.88 price level!
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Amazon -Inverted head and Shoulder formation on hourly
Breakout of neckline of inverted head and shoulder could give 214 as next price target.
BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON!BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON! NASDAQ:AMZN
- HIGHFIVESETUP still intact
- Creating Support on Wr%
- Retesting Ascending triangle and CupnHandle breakout
- Measure move on both is to $300+
- Cheap on a DFCF model
Have you been buying more Amazon?
NFA
$AMZN to $255.13this is based of the 6 MONTH TIMEFRAME. broke $188.75, holding above $199.84, closed above $200 mental lvl
My overall move is honestly $300, $333, $360, but i'll take $255.13 based off the 1.618 fib extension
AMZN on the Move: Breakout or Reversal? | Nov. 27, 2024Introduction
Amazon (AMZN) has been showing notable price action, consolidating above key levels while forming a potentially bullish structure. For traders, this is a critical time to determine whether AMZN will sustain its momentum or face resistance. Let’s break down the technicals and create a clear game plan for scalping and swing trading. For a deeper dive, check out our latest podcast episode here: Market Outlook Briefing.
Technical Analysis & Trading Plan
1. Market Structure & Price Action
AMZN is trading near $208, breaking out of a consolidation zone and forming higher lows since the $195 level. The recent uptrend aligns with a bullish channel, suggesting a continuation if buyers maintain control. However, the price is approaching a key resistance zone where traders should remain cautious.
* Immediate Support Levels:
* $205.35: A key level that has acted as a pivot during this rally.
* $202.02: Strong support and a liquidity zone; failure to hold could signal a pullback.
* $196.70: The base of the recent trend; a critical level for bulls.
* Resistance Levels:
* $208.50-$210: Immediate resistance with heavy supply, marking the upper boundary of the trend channel.
* $215.99: Next significant resistance; a breakout above this could signal a move to test $220.
2. Liquidity Zones & Order Blocks
* Liquidity Zone at $205.35-$202.02: Watch for institutional buying in this range. Buyers stepping in here could fuel the next leg up.
* Order Block at $196-$198: This area saw significant accumulation. If revisited, expect strong support for long setups.
Trading Setups
Scalping Strategy
1. Bullish Breakout Play:
* Entry: Above $208.50 with confirmation from volume.
* Target: $210-$212.
* Stop-loss: Below $207.50.
2. Rejection Play:
* Entry: Short below $207 if resistance holds.
* Target: $205.35-$202.
* Stop-loss: Above $208.50.
Swing Trading Strategy
1. Bullish Swing:
* Entry: Near $205-$202 for a low-risk setup.
* Target 1: $210, Target 2: $215.99.
* Stop-loss: Below $200.
2. Bearish Swing (Risk-Managed):
* Entry: If price breaks below $202, consider a short position.
* Target: $196-$198.
* Stop-loss: Above $204.
Trader Sentiment & Volume Insights
Trader Sentiment:
* Bullish Sentiment: Retail traders and institutions seem confident after AMZN’s recent upward breakout. Buyers dominate above $205.
* Cautious Bears: Traders are waiting for potential rejection near $210, which aligns with a significant liquidity trap for buyers chasing late entries.
Volume Analysis:
* Increasing volume near $205-$208 supports bullish continuation. However, tapering volume near $208.50 could indicate weakening momentum unless buyers step in.
Prediction of Market Direction
1. Bullish Case:
If AMZN breaks above $210, expect a strong rally toward $215.99 and possibly $220. Higher lows and the bullish channel support this outlook.
2. Bearish Case:
A failure to hold $205.35-$202 may lead to a pullback toward the $196-$198 liquidity zone. Monitor volume for confirmation.
Game Plan Summary
For Scalpers:
* Look for quick plays near $208-$210 with volume confirmation.
* Stay disciplined with tight stop-losses to manage risk.
For Swing Traders:
* Focus on entries near support zones ($202-$205) or post-breakout ($210).
* Patience is key—wait for pullbacks to ensure favorable risk-reward setups.
Conclusion
Amazon is at a crucial juncture, offering opportunities for both bullish and bearish setups. Scalpers can capitalize on intraday volatility, while swing traders should focus on the broader trend and key levels. Stay disciplined, use volume as a guide, and adjust based on market conditions.
AMAZON Trend Stream Strat BUYScenario Analysis:
Update: 11/26/2024
Market incline by 3.0% -TP1 / 3.2% -Tp2 then retraces to low area @ 210.46
Market inclines 3.2% then inclines 1.1% / 1.4% - 217.5 area due to increased volatility and sentiment of crowd market could continue to tp 3 due to situation of the push.
Market incline 3.2% then decline 1.1% / 1.4% - 211.5 area
News & Events:
Update: 11/26/2024
Amazon outperforming market competition
resources match SEIIV4L studio's economic data
Trump new tech tariffs
Structure:
Strong solid green candles
wicks small, trend unexpected to fall for reversals TA/TC & ECN wise
MacD Crossing 50/50 area idicates higher volatility on both buying sides
Strong bullish volatility price action jump getting wilder
Objective & Targets:
Update: 11/26/2024
Market incline by 3.0% -TP1 / 3.2% -Tp2 then retraces to low area @ 210.46
AMAZON is going to jump. I think.Not 100% sure but amazon should jump due to everyone ordering christmas gifts
$AMZN: OUTLOOKNASDAQ:AMZN : OUTLOOK
We could see a potential BREAK of this bearish channel soon!📈
If this happens, we might see a move up to fill the gap left behind.
👉 LIKE & FOLLOW for more updates!
Amazon.com: New Low Above Old High?Amazon.com jumped to a new record high two weeks ago. Now some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the September high of $195.37. AMZN jumped above that level on November 1 after earnings and revenue beat estimates. It was tested the following Monday before prices rallied to new highs. The stock pulled back and held above the level again last week. Has new support been established above old resistance?
Next, stochastics have dipped to an oversold condition.
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may suggest the short-term trend is still pointing higher.
Finally, some traders may look for the November 15 price gap to be filled.
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AMZN EXCELLENT R/R SHORTWe can see in the bullish chart that it already has the 5 legs and that it is losing strength, making this the first red day for a good short.
