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Futures24 Updated 

NASDAQ:AMZN AMZN after the split it fell to $102 where there is strong support. Those levels was tested for 2-3 weeks. If it breaks 102 and breaches the $98. It can go to 85. For the Bullish case. If we hold 110 - 105 it could consolidate at those levels.

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We are currently going through an ABC correction into the 5 wave next week. I provided the Fibonacci trend base extension levels.

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I provided Trend-Based Fib extension levels. #1 price rejected ar 102.41 #2 price 128.93 #3 price rejected at 102.53. We will have good support at 115 where the second breakout started. If 115 is broken, it will fall to 110 which is another strong support to bounce back up.

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$102 was rejected over 25 times within 3 weeks. Last week it was rejected again. Today's Fibonacci Pivot levels based off last Friday's High $109.75, Low $105.85 and Close $109.56. Pivot Point $108.39 Resistance 1: $109.88 Resistance 2: $110.80 Resistance 3: $112.30. Support 1: $106.90 Support 2: $105.98 Support 3: $104.50. All Resistance levels were broken today....

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NASDAQ:AMZN This is the 4 hour chart. Ok ladies and gentlemen. I set up my Pitchfork for the uptrend into earns October 27th or 28th. Amazon has completed a Minor Elliott Wave starting from swing low Aug. 21st of $3175.41. Recent high, which is the second high after a downtrend of the Elliott Wave Sep. 17th $3497.41. Recent low Oct. 4th $3176.25. That...

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$Amazon The Big Picture: @bcn5280 As you can see after the pandemic we are trading between 2850s and 3550s. This a larger consolidation period than most stocks. Support at 2990 - 2850s. Resistance at 3450s - 3550s. Currently we are downtrending with the first bear flag. 2990s - 2850s price target. Last quarter we hit 2881. From March 5th - June 15 - 18th. A...

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NASDAQ:AMZN Within the next two weeks there will be either a Bullish Gartley or Bullish Crab forming into June 15 - 18. It will bounce up from a strong support level at 2990 - 2880s. We should reach 3800s on earnings. For the long term, 4800s next year.

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On the daily time chart. You can see the Stochastic are opposite of it. The time chart shows a higher high as I drawn out with a white line. The Stochastic shows a lower high bearish divergence going down. Also if Fibonacci D2 to D3 it breaks the 161% threshold. Amazon has more room to go down as it did in the previous quarter. You can draw a bearish flag from...

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June 2nd - June 5th will be a continuation of a bearish divergence. In the next couple weeks. It will reach $2850. Then we will see the start of a Bullish Divergence.

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This price action is from May 12th - May 26th. This is a retracement price action off a Bearish Bat. This is not financial advice, only for educational purposes.

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This Bearish Shark started forming from May 18th to May 26th. Two weeks ago. There was resistance at $3312. Also resistance last week at $3270s. This week resistance at $3295. It started to taper off after hitting $3295. Institutions placed 3 million with Puts on QQQ. Amazon, along with Google is one of their major holdings. Best regards, This is not financial...

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The Bearish trend created a Bullish divergence. Within the highlighed circle. By Wednesday and Thursday. We should reach a new support level at 000009 and .000010. Resistance at .000011- .000013.

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This bearish trend created a bullish divergence. Support levels at 0.0000065 and 0.000007. It should consolidate between 0.000007 and 0.000008 for 4 days and move up.