Was waiting to see if the blue curve holds in this project in order to decide to post these simulated projections that take into account potential pivot points, reversals, or zones for support/resistance and BREAKOUTS... in either direction, even though I am slightly bullish biased on this one. I have this scenario in mind where this could find support...
Hello everyone I guess AMZN is so similar to another enormous teammates in Nasdaq markets and so it is a correction and then follow the rally. I know that all of my predictions can be failed but it is not meaning that my work is wrong. You should consider a countertrend strategy for your analysis but as I always say" a tradre should chose his side (bull or bear)...
Reasons Why !! Key Financial Insights: Stock Price: Amazon’s stock reached a peak of $189.77 on April 11, 2024, showcasing a remarkable uptrend1. Market Performance: The company’s strong market performance is evident as the stock price hovers close to its 52-week high. Behind the Surge: Amazon continues to dominate the e-commerce space with innovative...
Last week's candle seemed like the Amazon ride might be over for good. This week bulls attempt a heroic reversal. Test on weekly 20 EMA/ mid Bollinger band and getting support there is kind of a big deal. However, there is a MACD bearish cross on the weekly, along with resistance right on the mid Bollinger band on the daily time frame (not on this chart, but it is...
In Apr 22, had you waited 3 months for the gap to be filled up, your joy is short lived as it quickly plunge down more than 40% until Jan 23. In Oct 22, the same thing happened. You went long and it quickly fell 20% until Jan 23. Very few people would have known the bottom was in Jan 2023, all these are on hindsight and then you go :"Had I known, I would have...
Amazon's earnings are coming out today after the bell. With consumer spending on the decline and key supports at $171, $165, and $161 potentially filling the February 24th gap, the stock faces crucial thresholds. A positive earnings report could propel the stock upward to around $185.
Based on my sources and inputs, as well as supporting price action and Volume Price Analysis, i have concluded that while everything else pumps in the bull case, AMZN may be a larger force in a breakout. As per Richard Wycoff, longer consolidation means a larger implied move. AMZN has retested MAs and shown support outside boxes. This thing is primed. Let's see...
AMZN sold off along with most stocks after it broke below a major ascending wedge it had been forming for months. It has already failed once on a retest of this level and tried again today. It looked good to reclaim the wedge, but ultimately sold off and closed nearly right on the trendline. This will be a critical area to watch. I would normally always expect...
Sure why not, looks like a double top play, Spy Looks to be coming to a a top.
Amazon is observed to fall after the formation of a whipsaw. Amazon shareholders should be careful. There will be major events such as the FOMC meeting soon, so there is nothing to be sorry about.
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Upside Targets: * 180.85/182/183.6 Downside Targets: * 179.85/178.5/178 Daily Trend Tracker - *AMZN- Bullish *DXY - Bullish - *VIX - Bearish - *US10Y - Bearish
upsidedown chart on amazon shows an HS with the right shoulder just retrced at 0.618 with extension on possible new all time hight
Amazon looking bearish and forming a bear flag 🐻 🚩 After its breakdown ⤵️, now with the bear flag 🚩formation shorting it is a high probability winning strategy 🧭 Mapped out our price targets and predicted price movement 👇
✅AMAZON broke out of The rising narrowing wedge And the price is now going Up in a rebound to retest The broken levels above But I am locally bearish Biased and I will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, Skyboxpips here! Amazon stock did a sell off from the $188 level last week to the $173 price level closing out the previous weekly candle bearish. Amazon is doing a retracement for the retest It feels satisfying when predictions play out.
Amazon is continuing the uptrend within the channel. It is in correction mode and which is required to continue the uptrend.
Amazon was trading Bearish for the whole of 2022 into January this year and now we finally turned Bullish on May 15 with a Break in Structure at $113. Our main focus was the Propulsion Block resting at $126 and at the same level we had a Search and Destroy Profile sweeping 143.98 (High) and 126.33 (Low) Our first target is $159 and we looking to make a re entry...