AMZN Long-term BULLISH/LONG - We had a bounce from the 0.618 and a beautiful support from the 0.5 of the Fibonacci Retracement, next targets are the 0.618 of the Fibonacci Extension ($3543.28) and the 1 ($33800.37) GOOD LUCK AND HAPPY TRADING!
Stocks seem to be broken by what tech traders call the uptrend triangle pattern
we make a pullback on a support , big probablity to market return
Looking at weekly close of AMZN it looks like ready to make move higher. Although the close of the week isn't super convincing, it does look bullish. Close above 3465 would confirm it's intend to make new highs soon.
Near trend line resistance. This time momentum looks strong. Close above 3465 will give it a good base to move towards 4000 level. Must hold 3280 support.
BETTER TO GON LONG ! IF THE PRICE BROKE SUPPORT & RETEST BETTER TO GO SHORT !
amazon or AMZN its for long and dont forget when you are 50% on profit close 50% and move the stop to enter point and let the rest to run amazon still bullish
AMZN has been moving sideways for monthssss! MMs are just banking on premiums, and as we have seen this week it was bought up very quickly when spy was falling, but was also lagging when spy was going up. I'm still extremely bullish on AMZN . And the reason is for a stock to get that much price upgrades, news, deals, revenue, holiday season sales and still not...
No need for a description. Just look at this beauty!
In the Q4 institutional buys were 124B compared with 7.69Bil sells. On 10/30/2020 JPMorgan Chase & Co. Boosted Price the Target price from $4,050.00 to $4,100.00 The Pharmacy business will be a long term growth catalyst for Amazon. Their cloud service is growing too. The Holyday sales will most likely surpass the last year`s. The indicators are still bearish, i...
📈 NASDAQ:AMZN LONG H4 🛒BUY above = 3137.50 🎯Target1 = 3304.70 🎯Target2 = 3408.05 🎯Target3 = 3575.30 🛑Stop loss = 2866.85 🙈Recommended risk = (1%-2%) #AMZN #AMZNLONG #BUYAMZN
Hello traders, Description of the analysis: AMAZON ( AMZN ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM...
My buy zone and target for Amazon. Amazon is reaching an apex point, it should make a move soon. I think as long as the support trend line hold amazon should be a good buy. A break below the support trend line would invalidate this ascending triangle. (Not financial advice)
📈 NASDAQ:AMZN LONG H4 🛒BUY above = 3322.10 🎯Target1 = 3377.21 🎯Target2 = 3411.30 🎯Target3 = 3466.50 🛑Stop loss or cancel trade = 3232.70 🙈Risk = (2%-3%) #AMZN #AMZNLONG #BUYAMZN