Hi, My thoughts on Amazon as a great growth company: - To the end of 2022 we will reach 5000 dollar. - This is a huge buying opportunity with high probability of success. Have fun investing/trading!
So I did a technical analysis on NASDAQ:AMZN and here is my idea/point: Bearish: (not perfect) hammer candle followed by a bearish confirmation Stock in a clear downtrend Ema not showing any trend reversal sign or upwards correction ( no crossing movement) AMZN broke a strong support level Bullish: RSI showing a...
This should be an interesting trade for this week. AMZN Amazon stock is now oversold at recently touched its June 2020 level. I think a bounce is most likely to the $3060 resistance level. Looking forward to read your opinion about this.
Amazon in entering in weekly time frame correction, can test levels of 2500 in coming days
Amazon - Short Term - We look to Buy at 3301.00 (stop at 3121.00) Trading within a Bullish Channel formation. Previous support located at 3200.00. Previous resistance located at 3800.00. A bullish hammer has been posted as prices reject the lower levels. We continue to expect further losses to be limited and look to set longs for a further drive higher within...
Amazon - Short Term - We look to Buy at 3408.30 (stop at 3307.80) Daily signals are bullish. Closed above the 200-day MA. Trend line support is located at 3335.00. 3300.00 continues to hold back the bears. This is positive for sentiment and the uptrend has potential to return. Further upside is expected and we look to set longs in early trade. Our profit...
I am pretty sure Amazon is going to run the world one day. Everyone I know gets multiple Amazon deliveries a week, some daily. MASSIVE rising monthly wedge at support.
When it comes to AMZN , right now price is near the demand zone and we could expect a bounce off from that area. Even though we seen many rejections from this area, I think still there’s an enough demand left at that area considering the previous impulse to the upside. So I would recommend you to take a buy position when price reaches the S1. And don’t forget to...
there is a strong resistance and support. it will drive the stock to 3900 in the next 20 DAYS
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...
Will $AMZN repeat its last pump? Lets take a look.... What we know from the last pump... Clear Bullish RSI Divergence Clear longer term upwards squeezing 19 Month Consolidation How are we currently looking? Right now we have great upward squeeze happening. $AMZN has been consolidating for the past 17 months. Along with this a very common Bullish pattern...
Fundamental analysis 1. Valuation: The company is expensive based on almost all valuation metrics such as PE or PS, however the guru focus model estimates that the company is ‘’fairly valued’’, while the 2 stage free cash flow model estimates that the fair value of AMZN share price should be around $5,500. 2. Growth: $AMZN remains a solid growth story....
Amazon keeps making lower highs after rejections and still rushes to the upside, this shows bullishness. Right now is a tricky price better to wait for a clearer direction. GOOD LUCK!
AMAZON is willing to go bullish here i share with you a trade that i will be trading in my main account
Amazon in Daily is in bearish trend, the break of 3175 can open the road to lowest prices : 2951 and may be 2800. For the moment it is preferable to stay out, even the trend in weekly is still bullish, and wait to see the reaction next days.
Amazon complets both timeframe and Pricewise correction on daily Chart pattern....can go long above 3400 for target 4500 in next 6 months with SL 3000.... If 3000 breaks then Correction will enter in weekly timeframe which will extent to 2400
amazon farming some abcd pattren which will help us to go long
it's a monthly chart of AMAZON, as you see , the third wave of elliott hasn't ended yet . our target is 8300 $ , exactly on 161.80% Fibonacci. after reaching the target , we will witness a correction as the 4th elliott wave , and then the 5th wave. so in my opinion , keep your AMAZON stocks , till the target reach. it's a long-term target , will take a at...