Part 2 of 7 Mega Cap Tech stocks | QQQ SPY Forecastsupport & resistance guide 7 Mega Cap Tech stocks | QQQ SPY ForecastLong13:50by ArcadiaTrading2
AMZN Short Amazon has exhibited a consistent upward trajectory over the past few months and has reached resistance.Shortby EdgeTradingSignals5
amzn creating handle of cup #amzn had good back test at 130.55$ than broke out shoulder 136.7$. Weekly look like creating a HANDLE . If can break out 140$, i believe it will play out this handle to get target 144$ up to 146$. This plan will be failure if #amzn fall below 136$ Support 137.9$Longby pninh091116166
Emerging Rising Wedge Pattern on AmazonA rising wedge pattern was identified two days ago, on 9/2 at 15:30. This pattern is currently in the formation stage. The entry level for this trade is pegged at 139.96, with a stop level of 130.59. The anticipated target level is 156.72, with a target period of 45 days, suggesting a potential bullish price movement towards this resistance within the next 46 days. The expiration date for this trade is set for the 20th of October. Why are Emerging Patterns Useful for Trading? Emerging patterns, like the rising wedge, are valuable in trading for several reasons: They are often formed based on historical price movements and behaviours, giving traders insight into possible future price directions. Recognizing such patterns early on allows traders to set entry, stop, and target levels with greater confidence, thus managing their risk more effectively. Patterns provide a structured approach to trading, allowing traders to make informed decisions rather than trading based on emotions or gut feelings. These patterns also offer a glimpse into the market's collective psychology. For instance, a rising wedge, though typically seen as a bearish pattern, can indicate a bullish move in certain contexts, revealing prevailing optimism among traders. Longby Autochartist2
AMZN looks appealing as a longAMZN price is above all EMA's along with 10W EMA. As long as the Price stays above $133.50, Target of $143 and $146 are achievable. Close above $146 sets stage for $151. Close below $133.50 will set target $126 and $122Longby truthseeker6225
AMZN Short: KarmaI've written about this before recently. There can be no hope for AMZN because of the woke agenda for their shows. Similar to Disney. Of course, Disney is currently suffering a worse fate in terms of the stock price. But I am confident that it will crash even more. Shortby sngyuchao1
Part 2 of QQQ SPY FORECAST | 7 Mega cap TechWelcome to the daily stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward. - Support & resistance Guide - Stock Market QQQ & SPY confirmed daily uptrends - Stock market Bears first step is an hourly downtrendLong12:31by ArcadiaTrading2
Bull put spread on AMZN for OctoberI got 9 check marks on this one. .65 limit credit on the 120/115 bull put spread. This is regular october expiration. I love it by ReallifetradingUpdated 3
AMAZON Buy signal with a Double Target.Amazon Inc (AMZN) is trading within a Rising Wedge pattern and last week made the new Higher Low on its bottom. At the same time it hit the 1D MA50 (blue trend-line) and technically it is staging the new bullish leg. With the 1D MACD about to form a Bullish Cross, we get a buy signal similar to May 09. As a result we are initially targeting 156.50 (+20.25%) and 164.00 (+26.15%) in extension. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2221
Long AmazonLong Amazon here just broke out of 1h range and diagonal targeting highs im wrong if it breaks back into 1h range in which case i but at range lows.Longby PAtrades11
$AMZN Setting UpNASDAQ:AMZN looks interesting pulling back after its earning gap up. * Earning gap up on volume * pullback to 50 MA * Closing the gap on much lower volume * Stabilizing and turning back upLongby TaPlot10
PART 2 SPY QQQ + 7 Mega cap TECH stocks ForecastPART 1 SPY QQQ + 7 Mega cap TECH stocks Forecast Technical analysisLong10:10by ArcadiaTrading119
Amazon stock has been breaking through all the way upAmazon stock has been breaking through all the way up This figure shows the weekly candle chart of Amazon stock for the past three years. The top to bottom golden section of July 2021 is superimposed in the figure. As shown in the figure, Amazon stock has been breaking through all the way up since the end of January this year and completing the top to bottom shoulder positions in mid March. It has now reached the top to bottom golden section above 1.000, very close to 0.809, but has not reached the high point of the short start position in mid August 2022! So, in the future, we will use this high point and the 1.000 level of the top to bottom golden section in the graph as the long short range, with high selling and low buying within the range, and chasing up and selling out of the range!by Think_More1
AMZN Daily3.21 % of SPX Broke above weekly ichy cloud on 7/3. RSI(12) weekly at 63.94 shows signs of topping. above daily ichy cloud rising 50 day ema rising faster than 200 day ema accum.distr trend is declining My take: currently it is running in a solid channel. As long as that channel doesn't break, it is a good dip buy long. RSI(9) on daily showing some decline, but there is a good floor underneath the RSI, which tells me this stock still has some good momentum. a Gann line at 127.29 would be an area to look. by UnknownUnicorn131010
AMZN LONG (Longterm Markup)I have been looking at AMZN for a while. I love how it's moving. Based on my markup I see AMZN reaching new highs in the next 2-5 years. As you can se the push down was to create more momentum to the upside. I will continue to update this markup. Let me know what you all think! Like always I'm open to hearing other thoughts.Longby JKiDEAS5519
Apple leads, the rest will follow.Looking to pick up some zon at the 618 retrace, would make a sick looking head and shoulder if that is the reversal. Seems to me like a logical place to go long.Shortby MikeMMUpdated 17
Rising WedgeEarnings today AMC. Possible RSI Divergence. Price is traveling in a Rising Wedge that is not valid until the bottom line is broken and it has not been broken as of yet. I have noted that rising wedges which are bearish in the end, can be especially ominous at earnings. It is possible for price to break up from a rising wedge and as the 2 upsloping lines converge at the apex, price can get squeezed to the upside. More often price is squeezed to the downside at the apex. Price can stay above a Rising Wedge or inside a RW for a long time. Many oil stocks have been over rising wedges for over a year. The issue with this phenomena is that when price comes down and hits the RWs beneath price, there is a large sell off due to the oversupply within the wedge. No recommendation. Don't be a hero.by lauraleaUpdated 2229
Bullish Idea on BounceAMZN has a nice looking setup. I like the way the stock is up-trending and the moving averages are supporting it. I am looking for a bounce off the Daily 10 EMA for entry. The only con if there is one is that I generally don't like trading during these hours when the algos are taking over and would much prefer to trade closer to 2. The market is flowing today so another concern is I don't want the stock to get exhausted and turn on me, so I'm being extra careful. But with everything set aside, this is a setup I like. R1 - 137 R2 - 138 R3 - 140 Remember friends, this is just an idea that is not guaranteed to play out and is in no way financial advice. Happy Trading!Longby xode119
AMZN ready for liftoff to $150This is based on my dowsing. I am expecting temporary lows in indexes into tomorrow and i have today and tomorrow as trade entries long AMZN. The target is the $150 zone. It shouldn't break today's lod. Date of the next swing high is 8/24 (or could be the 25th as that's the next high given for indexes). Dates and price alignment are not the most reliable yet. But, that's why I'm practicing them so we can buy the right expiry of options. Goals! Regardless, $150 should get hit.Longby JenRzUpdated 2218
AMZNDuring the correction, bull markers have been observed in Amazon, ahead of the wide market. Movement in the channel. SL 134 TP1 142 TP2 152Longby Lazy-Lizard4
$AMZN fighting for 200 MA on the weekly NASDAQ:AMZN is fighting for the 200 MA on the weekly timeframe... if this is the top, and it loses this MA, then I'd be looking to around 119 for entry... based on 5 year volatilityShortby SPYder_QQQueen_Trading229
Amazon Closes weekly below key support Amzn now below 50DMA Next Supp 130 But watch also for 124 and 120 150DMA and 200DMAby Sunnylifemoney8
#AMZN Potential Entry Levels For a $150 TestIn this update we review the recent price action in Amazon and identify the next high probability trading opportunities and price objectives to target •Past performance not indicative of future results01:35by Tickmill12