As seen ... AMZN touch 61% @ 300 , with the upper Channel and Divergence on 1H and 4H in MACD, i think that any 15Min - 1H close below the channel will lead us to follow the midden Pitchfork channel seen @ 292 , we would suggest taking 20 Sep put @ 295 wherever is the strike price at that moment ..... we will follow up the chart to confirm the breaking channel
AMZN down in channel and weekly resistance seen and then Up with Wedge formation
AMZN about to break hard to the downside. Objective is 260.
AMZN in a Bullish Shark short term short here. Which will lead to a short term pop. Nice little $10+ move in both directions.
1. 50 fib 2. former res turned into support 3. trend line hold 4. Bullish RSI divergence 5. 200WMA and 200EMA
$285 is a key level for AMZN that held as support this week. The stock remains below its 50 day moving average and in a downtrend since its post-earnings high, both marking the $292 as important short-term resistance. Decision time likely arrives next week for AMZN.
amzn could fall back to 200d ma and long term trend line support before heading higher toward Dec.
Loses low of day I will be looking at 270-276 to play possible bounce. Any weakness or green to red could be nice short tomorrow. Or if fills gap down (which I think is unlikely here).
AMZN 2013-06-11 day Break out Trend Line and Throwback . If Price flip go up , It would be go further to target near upper edge of Yellow Area
With Breaking Channel we would wait the Weekly Candle Confirmation and get bulish position to 283 then 305 soon
Bullish ascending triangle base. Short the breakdown of trendline support (todays lows)
$AMZN great gap higher this week for amazon and a push to the top of this larger range around 272. Honestly I do not love trading amazon around these levels, there's just so much chop and volume put in here that I find makes it difficult to catch clean fast trades. Personally I always have more success with amazon when trading less size, trusting in bigger levels...
$AMZN I've really liked amazon in the sub 260s and my charts last week could have helped you get into this trade before or during the 260 break. I threw a set of fibs on here to show where we have come from off of the earnings breakdown and we are at an important level in fib land. The 61.8 retrace should make this 263 level even tougher to break through but I...
A GIANT head and shoulder formation. good short entry spot
$AMZN definitely some buyers down at these levels that aren't leaving this for dead. A nice $15 pop in the past two days off the lows. In my last update I said I needed to see more time to base before I was interested in the long side and we're getting just that. One more pullback perhaps to the low 250s would get me interested to the long side for some sort of...