Amazon ( NASDAQ:AMZN ), the e-commerce giant, is undergoing a profound transformation as it embraces automation at an unprecedented scale. With over 750,000 robots now working alongside its human employees, the company is reshaping the future of work in its fulfillment centers. This surge in automation comes as Amazon ( NASDAQ:AMZN ) seeks to optimize efficiency,...
The AMZN stock is still in the uptrend but has put up a number of patterns to sell. Pattern: Deep Crab on H4 Strong resistance at 187 H4 has a double top with divergence.
Hello Traders, Skyboxpips here Amazon has been in a bullish trend and is near the $188 level with great bullish momentum. We can anticipate Amazon reacting to the $188 level by a false breakout then sell to the short-side or a break and retest to the buyside. I
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite...
Amazon is bullish on its 1D timeframe (RSI = 67.557, MACD = 2.990, ADX = 31.700) as it is unfolding a very stable uptrend supported by the 1D MA50. This is the second bullish wave of the Channel Up, that is the dominant long term pattern. The 1D MACD suggests that we are entering the final phase of this wave that is aiming for a HH at +78.73% from the HL. We are...
Weekly AMZN chart looks great, possibly a 55% upside in the next few months. I'll follow it for sure and a great time to invest and stock up on Amazon.
Amazon's foray into the realm of artificial intelligence has reached unprecedented heights with its monumental investment in Anthropic, a San Francisco-based startup pioneering generative AI technology. With a staggering $2.75 billion injection, Amazon ( NASDAQ:AMZN ) solidifies its commitment to staying ahead in the AI arms race, marking its largest venture...
✅AMAZON will soon retest a key resistance level of 188.92$ So I think that the pair will make a pullback And go down to retest the demand level below at 174.16$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
It has doubled since the peak Recession fears of 2021 #BTC has also more than doubled #SOL has 4 or 5 X'd This chart is combined price chart of #Googl #Appl #MSFT #Amzn #NVDA #NFLX #META U can see the two head and shoulder tops in 2021 and also the inverse head and shoulders in 2022 The clean break and run. And also the Bull Pennant which has already...
Amazon just confirmed a bullish breakout on the identified minor resistance level created with the consolidation zone. Expecting a move back up towards the previous high created.
For Amazon, we're currently at a critical juncture with two potential scenarios: Scenario 1 - Uptrend: This scenario suggests that Amazon has completed a five-wave cycle, finishing Wave I in September 2020, and concluded the corrective phase (Wave II) by December 2022. If this is the case, we're now in Wave III, indicated by a five-wave impulse upwards,...
Couple points to consider 1) RSI 2) Bullish divergence as drawn 3) Price below BB (In general price tends to print inside Bollinger Bands, usually a move below/above them will almost immediately result in the opposite move) 4) 5 oscillators flashing bullish on 3D chart For me an easy 20-30% profit long trade. Too bad I can't be arsed to open a trading account on...
MZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and...
In the race towards autonomous driving supremacy, Amazon's self-driving car unit, Zoox, is making significant strides to enhance its capabilities and expand its testing footprint. With plans to drive faster, farther, and even at night in Las Vegas, Zoox is positioning itself to compete with rivals like Waymo and General Motors' Cruise. These developments...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that...
Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper...
NVIDIA and the whole stock market is topping out. I see a crash coming perhaps within the next month or two. NVIDIA has weekly bearish divergence on the RSI so a drop is imminent and a possible multi year downtrend as the chart shows. The valuation is over 2 trillion, thats a little ridiculous as are most valuations on these companies. This blowoff in the stock...
In this chart we have observe a RISING WEDGE and we expectation it will go down after a certain level which is defined in the chart. No Divergence Spotted