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
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.
Amazon stock is likely going to sell to $80 zone before another pullback to $102 level. If it must get back top 102, there must be enough buying pressure to break the inner trendline share your opinion, comment, like and follow
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . Just recently Amazon stock perfectly retested and also rejected a quite obvious previous weekly support zone which was turned very strong support again. After this first initial bounce, Amazon stock then created a rejection of a long term downtrend-line and is once again...
This is My personal View on Amazon Share Next Week
Hey everybody welcome back Today we’re looking at AMZN on the daily chart and it’s forming a very nice head and shoulders pattern. I actually got in some puts at the top of the right shoulder and took profits already. I opened a new put position just before the bell. You can see price was rejected at key levels same as the left shoulder. We’ll see if support...
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...
Amazon - Short Term - We look to Sell at 3219 (stop at 3346) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 3200.00. 20 1week EMA is at 3167. The 50% Fibonacci retracement is located at 3219 from 3762 to 2671. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the...
first thing there is a huge volume and there is a powerful resistance and if it breaks this suport will continue going down Until the second resistance
Amazon - Short Term - We look to Sell at 3230.10 (stop at 3385.05) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 3200.00. 50 1day EMA is at 3200. The 50% Fibonacci retracement is located at 324.59 from 3762.15 to 2708.83. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to...
Earlier this year, Amazon made the shocking statement that founder Jeff Bezos would step down as CEO starting in Q3 2021. According to Amazon's announcement, the post will be filled by Andy Jassy, who earlier managed the company's fast-growing cloud computing business. Given that Bezos will have to live up to his class, the pressure is on. Next week, when the...
Having committed a weekly liquidity grab, AMAZON's price is likely destined to lower levels as indicated.
Amazon's stock price fell almost 8% on July 30 after the company released its second-quarter earnings report. The company's revenue growth did not meet analysts' expectations, and the company reported a lower-than-expected earnings outlook for the third quarter. Amazon's fall weighed on other e-commerce and cloud stocks, as the company is considered an indicator...
Chart demands me to sell, so I sell. FXPROFESSOR
Be carful of buy order dear investor.
I can tell that the AMAZON will go up again with a high probability, We must must wait for the next volume plus the VWAP breakout and then we can enter the market promptly, Regards,