✅AMAZON is going up now But a strong resistance level is ahead at 188.09 Thus I am expecting a pullback And a move down towards the target at 167.44 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AMAZON is trading in an Uptrend but is locally Oversold and as the Stock will soon retest A horizontal resistance of 188.31$ It is likely that we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
📊 Analysis: Amazon Deal: Tapestry's groundbreaking deal with Amazon to sell Coach bags. Acquisition: Planned acquisition of Capri Holdings for $8.5 billion. Revenue Growth: Record revenue and anticipated stable long-term growth. 📈 Bullish Sentiment: Entry: Suggested entry above the $39.00-$40.00 range. Upside Target: Aiming for an upside in the $66.00-$68.00...
AMZN Share Price Hits 25-Month High After Inclusion in DJIA Index As of February 26, Walgreens Boots Alliance (WBA) is no longer used in the calculation of the Dow Jones Industrial Average, replaced by Amazon (AMZN). The planned index rebalancing was carried out because: → Walgreens shares currently have the lowest price among all companies included in the Dow...
Amazon's chart indicates that the region marked in red may function as a selling-oriented order block. If there is a 2-day closing above the red horizontal line, the next target could be 187.86, following the channel. In our buying zones, the horizontal line at the price of 161.73 may present a buying opportunity. 2-day closings below the green horizontal line may...
According to a new regulatory filing, Amazon founder Jeff Bezos sold more than 14 million shares over the past few days worth around $2.4 billion, completing his stock sale plan. Bezos adopted a trading plan Nov. 8 to sell up to 50 million Amazon ( NASDAQ:AMZN ) shares — valued at more than $8 billion — during a period ending in January 2025. He first sold 12...
AMZN on the 15 minute time frame is in a relative symmetrical triangle pattern. A volume profile and intermediate term anchored VWAP are overlaid. They validate one another since the POC line and the mean anchored VWAP line up. Price is below both of them. My forecast is that price will rise and temporarily so sideways in the high volume and volatility...
It has been 3 months (Nov 17 2023, see chart below) since our last buy trade on Amazon (AMZN), which hit both Targets: February opened with a big gap upwards and the stock has been consolidating ever since. This consolidation, along with the completion of a 1D MACD Bearish Cross last week, is indicative of a top formation. In fact it is similar with the...
AMZN on the 60 minute chart since earnings shows the jump and the sideways consolidation after that. Here the RSI is superimposed on the chart within its own 0-100 scale. It is currently in what should be considered deep undervalued territory and at RSI support /demand. The William's Alligator set of moving averages shows MA compression and so...
NASDAQ:AMZN Momentum Indicator, strong uptrend conditions. A momentum indicator is a technical analysis tool used to measure the rate at which the price of a security is changing. It compares the current price of an asset to its price at a previous point in time, typically over a specified period. This comparison helps traders and investors gauge the strength and...
Looks to me like amazon is trying to form this mini Head and shoulders top. Should the neckline at $167.50 break, the target pretty much takes you to the gap close level at $160.00 which is where we gapped from recent results. Recent reports that Jeff Bezos has sold up to $6bn of stock in amazon could sour sentiment slightly on the stock. We also had some bad...
1HR Chart Amazon ( NASDAQ:AMZN ) has developed a bullish flagpole formation that is more easily seen on the hourly charts. This may serve as a continuation pattern that will launch AMZN to a 52 week high of $188 -- a level that hasn't been tested since July of 2021. Fibonacci retracement levels for the current trading pattern support the $188 ceiling as this...
While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while...
On the 4H chart SHOP has been trending up since last fall when it fell through the high volume area and then rebounded crossing through it and rebounding. Earnings have been solid beats for over a year. Volume is persistent and steady while the relative strength rising from a bounce down to the 50 level to begin this month. This is a solid earnings play...
#AMZN has demonstrated a robust bullish trend, recently leaving a notable price gap between 167 and 162. Given the extended move, a retracement back into this gap appears likely as the market seeks equilibrium before March. Potential Trade Setup: - Entry: Consider a short position near the current range high. - Stop Loss: Employ a stop loss 1.5x the Average True...
Amazon.com's ( NASDAQ:AMZN ) iconic founder Jeff Bezos recently offloaded approximately 12 million shares of the tech behemoth, amassing a staggering $2 billion in the process. This significant divestiture, disclosed in a regulatory filing last Friday, marks the commencement of a meticulously planned sell-off strategy laid out by Bezos himself, raising eyebrows...
Spanish High Court has decided to suspend fines totaling 194 million euros imposed on tech giants Amazon ( NASDAQ:AMZN ) and Apple ( NASDAQ:AAPL ). The fines, initially levied by the Spanish antitrust watchdog CNMC (Comisión Nacional de los Mercados y la Competencia) in July, are now pending appeal, marking a temporary halt to what has been a contentious legal...
Amazon's Strategic Investment in AI: A Path to Growth As the race for AI dominance intensifies, major tech giants are making substantial investments in AI startups. Amazon, with its vast financial resources, recently committed $4 billion to Anthropic, the creators of AI assistant Claude, in a deal that positions Amazon Web Services (AWS) as Anthropic's primary...