Pair : Amazon AMZN Description : Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Rising Wedge in Long Time Frame CHoCH
we can enter amazon boy but we must keep the stop under the support shown in the graph
Shorting here small size just cause the charts confluence is too much. My other shorts will yield much more % if I am right but cant not trade this chart. Not advise.
On the daily Amazon has formed what's known as a Short Formed W Formation. This is where the second rounding bottom has a HIGHER low than the first. This is more bullish than a standard W Formation, IMO, because it means the bulls did not let the price get to the previous low. The fact that the price has broken up and out of the neckline, shows strong buying...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support. You can also see that over the past months, Amazon has been creating a solid double bottom, weekly...
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Amazon reached a support area where there will be a strong buyer Entry is done by putting a stoploss as shown in the graph . For further more wait for our updates .
Amazon Short Term We look to Buy at 105.87 (stop at 100.99) Preferred trade is to buy on dips. The reaction higher is positive and highlights a clear reversal. Previous support located at 100.00. Risk/reward is ample to call a buy trade. Our profit targets will be 116.09 and 125.19 Resistance: 129.00 / 135.00 / 170.00 Support: 100.00 / 85.00 / 67.27 ...
Weekly demand done ✅ Strong low Main remain holding strong
Amazon stock rises up. Support from early chart. 1st fill the gap. After filling Gap rises up to Resistance level. Stop Loss is little.
According to my chart analysis , AMAZON Show strong signal to buy , buy max as you can .
Amazon is looking poised to trend towards the $2380 level. We could see a jump back to the ceiling of this down-channel, implying around an 8% rise over 75 days. Amazon's ATR has been at an all-time high since 2020, and the stock needs some time to consolidate; however, an 8% move from pre-COVID support levels over 50 days is not entirely unrealistic. Expecting a...
The price of Amazon stock is around 2200$ after dropping 45% from 3770$ . i believe it is good area to start first buying and if drop more and more, second buying will be around 1700$ . first target is around 2875$, and second target 3355$ , and third target i dont know where if you want to hold it for years and years. this one without stop loss and without...
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also...
After successfully predicting the drop for AMZN back in Sept 2021, now I am calling a BUY at the indicated test levels. Enter after market shift confirmation on lower timeframes within the zone. GL
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AMZN , I think we are going to see a strong upward movement. If you are going to go long now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...
I AM NOT UNCERTAIN AMZN has been moving sideways over more than 400 days now... It's time this monster wakesup.... It has good technical set up as well to play... The trade idea in chart is just for educational purpose. Before playing anything contact your financial advisor..!! NASDAQ:AMZN