Search in ideas for "AMAZON"
AMAZON Breakout Confirmed! Sell!
Hello,Traders!
AMAZON broke the key support level
Which turned into a restiance
And the breakout is confirmed
So now I am bearish on the stock
And I think that there is high probability
That it will go further down
Sell!
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$AMZN Can Fall to This Zone At 2800 #AMAZONAmazon has been in consolidation, has created equal highs (double top) and now with a little push it can fall down to FCP zone while coming out of the consolidation zone. This may not even stop there but a bounce up can come from there.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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✅AMAZON INC RISKY LONG🚀
✅AMAZON has formed a bear flag pattern
However, before we see a breakout
The pair is more likely than not
To rebound from the support confluence
Which it is retesting right now
So I think that this is a good long
If you use low risk. I would prefer to play it
With the call options to avoid a high risk of
Gap down on the stock!
LONG🚀
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✅AMAZON WILL FALL|SHORT🔥
✅AMAZON is retesting a strong daily resistance level
And despite the market going up, the bulls were quite weak in this stock lately
Which indicated an underlying weakness
So as the price is at the resistance level
A local bearish reaction seems likely
With the retest of the local rising support
SHORT🔥
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Amazon (AMZN) - longCompany Profile
Amazon is is one of the Big Five companies in the U.S. information technology industry. The multinational focuses on e-commerce, artificial intelligence and cloud computing and is a leader in these sectors as measured by revenue and market capitalization.
Signals
Position: Long
Entry Price: $ 3166.27
Target Price: $3554.13
Stop loss: $3070.35
Indicators
STOCH is around 20, threshold of oversold stocks
MACD is crossing below the signal line
RSI is around 45
Analysis
The stock has been moving between the same levels of support and resistance for one year now and is now retracing to an intermediate support level. RSI and Stochastic indicators do not signal that the stock is oversold yet, and also the MACD indicator suggests a bearish momentum, so we’d better wait until it is over and the bullish momentum will begin. This is why we choose to set a buy limit order at a support level already reached four times and the profit target at the resistance level, which is slightly below the historic high.
No financial advice
AMAZON Resistance Ahead! Sell!
Hello,Traders!
AMAZON is going up from the local support below
Following the rebound of the S&P500 Index
However, the stock is trading below a horizontal level
And I think there is a good chance for a pullback
Once the price retests the level properly
Sell!
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AMAZON INC Head And Shoulders! Sell!
Hello,Traders!
AMAZON INC has formed a H&S pattern
Which makes me bearish on the stock
And the price is about to retest the neckline
Thus, IF we see a breakout of the neckline
I am expecting bearish continuation
Towards the support line below
Sell!
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Possible Scenarios - AmazonAmazon's possible scenarios.
Short position is good idea for MACD but not immediately. We should see approve from the technical analysis. Look to support and resistance. If we have new deep more than last deep, we can open short position. Otherwise, if we broke resistance, we continue the bullish coming from March 2020. I think second scenario is hard. It is no financial advice.
Amazon Triple Bottom1. Amazon just completed the third bottom of a triple bottom that began late last week. High probability pattern that should be followed by strong upside.
2. This triple bottom is also just under the key level of 3700.00, showing there may be a support range from 3695.00-3700.00 that will allow uptrend to resume.
AMAZON Breakout! Will Go UP! Buy!
Hello,Traders!
AMAZON was trading below a strong resistance
But today a breakout happened
And the daily candle closed way above the level
Which makes me bullish on the stock
And I think that after a retest of the broken level
AMZN will go up to establish new highs
Buy!
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Amazon - Daily double bottom ?$AMZN - Amazon - Chart looking prime and daily seems to be double bottom , if it breaks above today’s high tomorrow or this week, it will run well & looks to be happening soon , as the buyers are stepping in well today and if it can break that trend line and daily supply zone , it will explode to all time high
Try - 2 weeks expiry any call debit spreads and stop loss if dropped below that down trend line
AMAZON Correction Ahead! Sell!
Hello,Traders!
AMAZON is trading in an uptrend and is climbing even despite the SPY falling
However,the stock is approaching it's all-time-high levels
Which acts a strong resistance, that was tested multiple times
That makes me locally bearish, and I am expecting a correction
Limited by the rising support line
Buy!
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Pondering Amazon Stock's Next MoveAmazon stock has flirted with $3,454 many times during April 2021.
With spectacular earnings reported and AMZN stock well above $3,500, will resistance now turn into support?
Also, notice how RSI and MFI have completely diverged?
Relative Strength Index (RSI) shows the relationship between a security’s price and its percentage change from the previous period. While Money Flow Index (MFI) factors in volume, price, and time to calculate a baseline number.
AMAZON Range Resistance Hit! Sell!
Hello,Traders!
AMAZON is trading in a massive range on 1D chart
And as you can see the price has hit the range resistance
Also, one might notice a double top pattern formed
Thus, I am bearish and I think we will see the price drop
To about 3180 which is the final target for that trade
Sell!
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AMAZON Stuck In The Range! Buy!
Hello,Traders!
AMAZON Is generally trading in an uptrend
But now it is stuck in a 20% wide range
Which might be an accumulation before further growth
Or, the stock might break out of this range downwards
And then we will see a correction
Now, I can see a small bear flag forming
So we might see a retest of the support again
But before the range boundaries get broken
We can play the stock off the range levels
Buy!
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