AMZN got a perfect weekly topping candle, followed by a bearish engulfing candle (one more day to confirm) Watch for a dip below the 150 level. Im going to short it very soon, will post it live when I do
Traders, brace yourselves for an epic showdown with Amazon! 🌟📈 🔍 Critical Juncture: We're witnessing a pivotal moment as Amazon stands at the summit of Olympus. The level at $188.11 has proven its mettle twice before. Will lightning strike thrice? The stakes have never been higher! 💡 Adventure in the Jungle: Embark on a thrilling journey through the Amazonian...
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.
#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...
Our quick look tonight is at Amazon.com stock. 17 January brought us a bearish signal at the closing price of 151.71. Of the 242 studied similar occasions, the stock successfully reverses downward 95% of the time over the next 10 and 25 trading days. For this instance to be successful, the stock will need to move below 151.71. So far the stock has basically...
The market's bull run is set to end based on the indications for seeing on the S&P. AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are: 1) Daily chart is overbought 2) H4 is overbought and lot of divergence present 3) The upward trend line has been violated which has been...
Hi everyone, just here to update you all on what I will be looking for in AMZN next week. Starting on the Weekly we tapped into a key FVG and took BSL many many months ago and have wicked down now near the close of friday. I Have begun looking at opening about 10% of my initial 2% risk per trade. I will add more accordingly based on Monday's opening if given the...
As I stated in the picture. AMZN Is hitting a key Weekly FVG. Here i am watching for a 1H, 4H, and 1D swing high with a recent low broken to enter some put options. I will enter and take profits with PDL being taken out. These setups provide between 50-125% profit based on setup and entry. I will continue to update you all as price shoes more confirmation! Like...
Hello traders. There is a great investment opportunity in Amazon shares. With a downtrend break. And break the ascending triangle pattern. Likewise, breaking the resistance at level 104. These are all factors confirming the strong entry of buyers into this giant stock .Note: If you like this analysis, please give your opinion on it. in the comments. I will...
I've written about this before recently. There can be no hope for AMZN because of the woke agenda for their shows. Similar to Disney. Of course, Disney is currently suffering a worse fate in terms of the stock price. But I am confident that it will crash even more.
Breaking the RED line and 100$ wall was a big short signal and now we heading to another big support level which is 80$ Wall Street equities were in the red on Monday with Nasdaq leading declines as investors worried the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession. while Amazon workers will go on formal strike...
From the chart, you can see that I've marked the dates of the premier of season 1, and also the official trailer date for season 2. Now, 19th July is probably the peak for this year's recovery. Amazon stock price will probably start crashing on 1st September because that's the release date for season 2. It will be a Black Friday for AMZN.
AMZN has ascended 15% in the past two months. As shown on the 4H chart, dynamic resistance has been the red lines designating two standard deviations above mean VWAPs are anchored in February and early May. The two indicators however suggest bearish divergence. The zero-lag has lower highs and lower lows on the K / D line excursions. The Chris Moody dual...
Unusual Put Option Trade in Amazon.com (AMZN) Worth $17,212.50K On May 10, 2023 at 13:27:06 ET an unusually large $17,212.50K block of Put contracts in Amazon.com (AMZN) was bought, with a strike price of $190.00 / share, expiring in 37 day(s) (on June 16, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 4.04 sigmas above...
Technical Analysis: - AMZN is still doing a WXY medium term correction in blue - In the short term AMZN is finishing wave ((2)) in black before going more down side - We expect that the correction will be finished at around BMV:60 when wave ((II)) is also completed - H1 right side is turning up - H4 right side is turning down Technical Information: -...
Amazon rejected at 200 day moving average in a market which was ok so far and in risk on mode
- Price below the 200 MA, confirming the general downtrend. - Possible formation of descending triangle. - Demand for the asset is weakening (see volume, RSI and OBV indicators). When the price cuts below the 50 MA, the RSI is well below 50% and the OBV is red and well below the mid level, enter short. I prefer to enter my positions with confirmations of...
As we can see in the chart, Amazon(AMZN) WXY correction is in blue and we expect more downside to around $60 only when the wave (Y) in blue and Wave ((II)) in black are complete. Technical Analysis: - H1 & H4 Right Side are Turning Down - Technically AMZN has now 5 waves down and has a strong correlation with NASDAQ - that's why we expect that it extends...