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From Prime to Subprime: Why December Could See AMZN Fall As always, we like to keep it clean and simple, with technicals and analysis that's easy to see and understand. Let's get into it: AMZN could see a modest correction this December. It's at an all time high, and well into two Wave 5 sequences on the 4h. It's also overbought on an least two oscillators. We see a 5%+ correction to the $215 price range in the coming 3-4 days . SUPPORTING OBSERVATIONS: Recent Rapid Stock Appreciation: AMZN has seen a significant rise, gaining 14.1% since November 29, 2024. Such swift increases can lead to overvaluation, prompting investors to take profits, supporting the reversal to $215. Seasonal Competitive Pressures: Ho ho ho. The holiday season intensifies competition, often leading to increased discounting and promotional activities. This can compress profit margins, potentially impacting Amazon's financial performance and investor sentiment. Investment in New Ventures: Amazon's substantial investment in initiatives like Project Kuiper, its satellite internet project, involves significant capital expenditure. While promising long-term, these ventures may pressure short-term profitability, causing some investors to reassess their positions. Be alert. Trade green.
NASDAQ:AMZNShort
by JC7USA
Bitcoins Bext Big Price MoveBitcoin’s price action is currently forming a symmetrical triangle pattern, with the key points marked as A ($103,900), B ($92,400), C ($101,400) , and D ($94,600) , indicating a period of consolidation as buyers and sellers struggle for control. Notably, the price recently bounced off the 0.786 Fibonacci retracement level at $94k , a critical support zone that aligns with the lower boundary of the triangle. Below this, the 0.618 Fibonacci level at $86.6k serves as the next significant support, while a break of this level could open the door to deeper downside risks. On the upside, a breakout above the triangle’s upper trendline, currently near $100k , could propel Bitcoin toward its next major target at $130k , aligning with the 1.618 Fibonacci extension level. The tightening price range within the triangle and declining volume suggest a major breakout is imminent, with traders closely watching for a decisive move in either direction. Given Bitcoin's historical behavior, the breakout direction could set the tone for its trend over the coming weeks. Microsoft is voting on purchasing bitcoin tomorrow, and the results from this and Amazon's vote later on could effect the direction of this breakout.
COINBASE:BTCUSD
by StonkMarketParty
1
Amazon- Bullish in my opinion📊 Technical Analysis: Amazon's stock continues to show impressive strength, breaking past the $200 and currently trading at $217.94. This surge aligns with the typical year-end "Santa Claus rally," where stocks often benefit from increased retail activity and market optimism. With consumer spending on the rise and seasonal trends providing a tailwind, Amazon could see continued upside as we move deeper into the holidays. 📰 Fundamentals: 🟢 Amazon sees a boost from rising e-commerce demand and growing Prime memberships. 🟢 Despite earlier challenges, AWS remains a key revenue driver in the cloud sector. 🟢 Operational streamlining and profit focus have increased investor confidence. 💡 My personal near-term target is around $240-$250, supported by seasonal trends and potential macroeconomic recovery. *This is not financial advice.
NASDAQ:AMZNLong
by Charts_M7M
1
Amazon - Breaking Trade 12/4/2024There was a great breakout trade opportunity on Amazon's stock, enhanced by a refined entry strategy. The red zone highlights a key resistance level where the price struggled to break through. Eventually, a breakout occurred with a strong bullish candlestick, confirming buyers' strength. However, instead of entering immediately at the breakout, the ideal entry point would be on the pullback to the red zone. After the breakout, the price retraced back to the resistance zone, which then acted as support. Notice how the price tested this zone but failed to close below it, indicating that buyers remained in control. The optimal entry would occur when the price breaks above the high of the retracement candle, confirming the continuation of the bullish move. This approach allows for a more precise entry, reduces risk by setting a stop-loss below the support zone, and offers a better reward-to-risk ratio as the trend resumes upward. It’s a textbook example of a breakout-retest setup with confirmation. Thank you for reading! If you found this content helpful, don’t forget to like, comment, and share the idea. Follow me on TradingView!
NASDAQ:AMZNLong
by Alexandre_Saldanha_
Amazon Ignites: 150% Blaze Ahead?The stock has been in consolidation since August 2020, forming an Inverted Head & Shoulder pattern. Recently, it broke out above the neckline and is attempting to sustain above the 200 level. Currently trading at 210, the stock has the potential to surge to 500 levels in the next few years. However, the breakout lacks strong confirmation, as a significant bullish candle with volume expansion is absent. A crucial factor to watch is a monthly close above 200. This will help determine the stock's future trajectory and guide our trading and investment decisions.
NASDAQ:AMZNLong
by NaranjCapital
The EUR/USD forecast for reaching 1.11 by December 2024The EUR/USD forecast for reaching 1.11 by December 2024 might seem ambitious given current trends, but let's delve into why this could indeed happen: Economic Recovery in the EU: Recent posts on X highlight expectations around the ECB's monetary policy. If the European Central Bank continues to adjust rates in response to economic recovery signals, a stronger Euro might follow. Discussions around inflation cooling off and potential rate adjustments suggest a more robust Eurozone economy, which traditionally supports a higher EUR/USD rate. Political Stability and Sentiment: With the U.S. political landscape shifting due to the Democratic nomination of Kamala Harris for the 2024 election, there's a narrative shift. While not directly economic, political stability or perceived changes in policy direction can influence currency strength. If her campaign promises economic policies that might strengthen the Euro against the Dollar, this could be a psychological boost for EUR/USD. Market Sentiment and Speculation: There's noticeable chatter on platforms like X about EUR/USD movements. Speculation can drive markets; if traders and investors start betting on a stronger Euro due to any positive economic data or geopolitical shifts, this speculative buying could push the rate towards 1.11. Technical Analysis: Some analysts have pointed out key resistance and support levels. Breaking through these levels, especially with momentum, could set new targets. If EUR/USD manages to convincingly breach the 1.09 resistance and maintain that level, the next psychological target becomes 1.10, with 1.11 not far beyond in terms of market psychology. Interest Rate Differentials: If the ECB's rate adjustments lead to a narrowing of the interest rate differential with the Fed, capital flow might favor the Euro more, pushing its value up against the Dollar. Given historical trends, even a small change in rate expectations could significantly impact the forex market. Global Economic Factors: Broader economic conditions, like improvements in European trade balances, could bolster the Euro. If the EU manages to show resilience or growth in sectors previously affected by global downturns, this could reflect positively on the EUR. Seasonal Trends and Market Calendar: There's often a lull before the end-of-year where markets might move based on year-end portfolio adjustments. If there's a sentiment that the Euro will strengthen, this could be the period where movements towards 1.11 get traction due to year-end positioning.
Long
by NYRUNSGLOBAL
Can Two Paths of Wealth Lead to the Same Mountain of Impact?In an era where wealth accumulation often dominates financial headlines, Amazon's founding family presents a fascinating dichotomy that challenges our traditional understanding of success and impact. Jeff Bezos and MacKenzie Scott, once united in building one of the world's most valuable companies, now demonstrate how divergent approaches to wealth management can equally shape our future, albeit through distinctly different lenses. The stark contrast becomes apparent in their recent financial movements: Bezos's methodical $5.1 billion stock sale through a carefully orchestrated 10b5-1 trading plan showcases traditional wealth management at its finest, maintaining significant control while diversifying assets. Meanwhile, Scott's bold $8 billion divestment for charitable causes, part of her larger $37 billion philanthropic initiative, revolutionizes the concept of billionaire responsibility. This juxtaposition raises intriguing questions about the multiple paths to creating lasting societal impact. What emerges is a compelling narrative about the evolution of wealth stewardship in the 21st century. While Bezos continues to influence global markets and pioneer space exploration with his retained $213 billion in Amazon shares, Scott's approach of direct, unrestricted funding to over 2,300 nonprofit organizations challenges traditional philanthropic models. Their contrasting strategies suggest that perhaps the true measure of wealth lies not in its accumulation, but in its potential to effect change – whether through market innovation or direct societal intervention. This modern tale of two wealth philosophies invites us to reconsider our own definitions of success and impact in an age of unprecedented financial capability.
NASDAQ:AMZNShort
by signalmastermind
AMAZON: Small pullback expected. Buy the dip.Amazon is trading inside a Channel Up on the 4H timeframe, supported by both the 4H MA50 and the 4H MA200 and almost overbought on its 1D technical outlook (RSI = 68.804, MACD = 6.500, ADX = 38.620). The 4H RSI is printing a sideways pattern which was a sell signal when the previous bullish waves peaked. The first pulled back to the 0.382 Fib, the second to the 0.5 Fib. Consequently we expect a quick pullback here but technically the dip should be bought on the 0.382 Fib. Our target after that will be near the top of the Channel (TP = 230.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMZN
by InvestingScope
AMAZON Minor pull-back and then off to $240.Amazon Inc. (AMZN) has been following our bullish signal within the Channel Up we indicated on August 23 (see chart below) very accurately and is halfway through to our $240.00 long-term Target: This is also confirmed on the lower time-frames, namely the 1D on this chart, where the stock can be seen trading within a Channel Up and having started its most recent rebound on the 1D MA50 (blue trend-line). The first Bullish Leg of the Channel Up, pulled-back to the 1D MA50 (and Fib 1.0) after approaching the 1.382 Fibonacci extension level and then rebounded aggressively to hit (and even break) the 2.0 Fibonacci extension. Even the 1D CCI sequences between the two fractals are quite similar. As a result, we don't dismiss the possibility of a 1D MA50 pull-back but that will be another buy opportunity on Amazon's way to $240.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMZN
by TradingShot
3
Amazon Stock (AMZN) Holds Above $200Amazon Stock (AMZN) Holds Above $200 On Thursday, October 31, Amazon released its Q3 earnings report: → Earnings per share: actual = $1.43, forecast = $1.14; → Gross sales: actual = $158.8 billion, forecast = $157.2 billion. The report exceeded analyst expectations, with additional optimism driven by Trump’s victory and a Fed rate cut, pushing Amazon’s stock price past the psychological $200 mark and reaching a new high above $210. Today, Amazon’s stock chart shows the price beginning to round off (indicated by an arrow). Does this signal the end of the bullish trend? Unlikely, given the strong fundamental support. In technical terms, it may be more accurate to consider the price’s vulnerability to a correction, especially as it sits near the upper boundary of an ascending channel. Should a correction occur, a retest of the $200 level is possible. Support may come from the median line of the long-term blue channel or the lower boundary of the short-term black channel. According to TipRanks, which surveyed 45 Wall Street analysts: → 44 analysts recommend buying AMZN stock; → On average, they forecast a 12-month price target of $238. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AMZN
by FXOpen
2
Amazon (AMZN) Long Side Analysis: Staying Bullish with CautionHey Again Folks! Just wanted to share some thoughts on Amazon (AMZN) — I’m still leaning on the 🔵 long side here, but keeping a close eye on a few key levels. Right now, AMZN is sitting around the $206-210 range, and it’s getting close to that resistance up at $213 🟢. This has been an important level before, so I’m watching to see if we can push through it with some strength 💪. If we get a strong breakout above $213 🔥, I think the next target to watch is around $236 📈. That area lines up with previous highs and could be the next stop if this momentum keeps up. But if we hit resistance and start pulling back, I’ll be watching the lower boundary of the channel and especially the $190 zone for support 🛠️.
NASDAQ:AMZNLong
by QuantumFusion
Amazon: Significant Breakout!The resistance at $189.76 has recently been a major hurdle for the AMZN stock. Since April, the price has essentially been moving sideways along this level, with each breakout attempt being sold off. As envisioned by our primary wave count, the stock has now managed a breakout above $189.76, developing a first impulsive move toward a new all-time high. We expect a more substantial correction only after the larger beige wave III has found its top at a higher level. An earlier sell-off remains possible as part of our 30% likely alternative scenario: this alternative count suggests that the recent peak was the top of the beige alt. b wave, which would lead to a pullback below $145.86 and a fresh low of the overarching blue wave alt. (IV).
NASDAQ:AMZN
by MarketIntel
$AMZN IS ABOUT TO EXPLODE! BUY NOW OR FOMO LATERNASDAQ:AMZN 💥 NASDAQ:AMZN IS ABOUT TO EXPLODE! 💥 I first called out NASDAQ:AMZN on October 21st as it was setting up for a huge move and CupnHandle breakout. Here's 3 reasons to not miss this investing or trading opportunity. Price targets at the end. 1.) HIGH FIVE SETUP (Check the numbers below and you will see. 1-Breaking out of cupnhandle & symmetrical triangle pattern. 2-Volume profile gap from a volume shelf. 3-Uptrending MACD. 4-Higher Highs on RSI. 5-Uptrending Stoch. (trend). 2.) #Amazon margins and FCF are growing rapidly and will continue this uptrend heading into the holiday season with a RESILIENT AMERICAN CONSUMER. 3.) It's a BUY according to the fundamentals especially when valuing this company according to it's Discounted Cash Flow (DCF). Intrinsic Value: $250 🎯PT1: $231 (Symmetrical triangle measured move) 🎯PT2: $310 (Multi-year CupnHandle Measure Move) Are you a shareholder? or Are you trading this name? I'm done for the day! Going to be with my wife on her birthday and go trick or treating with my boys. Thanks for all the support, much love! LIKE l FOLLOW l SHARE HAPPY HALLOWEEN! #Earnings NFA
NASDAQ:AMZNLong
by RonnieV29
5
Amazon (AMZN): Approaching critical resistance!Amazon continues its impressive rise, moving out of our initial sharp Wave (2) scenario. Despite the bullish momentum fueled by last Thursday’s earnings report, we remain cautious and are still leaning towards a potential larger pullback. The company showed strong performance in key segments, with CEO Andy Jassy’s strategic focus on expenditure and cost-cutting delivering an 11% revenue increase to $158.9 billion, surpassing analysts’ expectations. Now, Amazon has reached our second key turnaround zone, between $201 and $220. A move higher would invalidate our bearish outlook, but until then, we are preparing for a potential pullback and targeting lower entry points to capitalize on future upward swings. The stock has recently posted a nearly perfect equal high, alongside a bearish divergence, which could signal an upcoming correction. The looming U.S. elections could inject significant volatility into Amazon’s price action, with potential wicks forming in either direction. While a move up to $220 would still be considered valid within this structure, we are closely monitoring these levels. As always, we will update you once the bearish scenario is confirmed or invalidated.
NASDAQ:AMZN
by freeguy_by_wmc
Amazon’s Next BIG Move: Can It Bounce to $207 from Key Support?If Amazon holds strong at $194.31, it could be setting up for a run to $207.30. This level is both a potential target and a great take-profit zone if the bounce holds. Let’s break down what to watch for as this setup unfolds!" Trade Setup Details: Support Level at $194.31 Right now, $194.31 is acting as a solid foundation. If Amazon finds buyer interest here, it could kick off a new upward move. Target Zone: $207.30 If the support holds, $207.30 is the next target. This level is likely to see some selling pressure, making it an ideal area for profit-taking on a successful bounce. Beginner Tip Keep an eye on how Amazon reacts around $194.31. Look for strong buying signals (like a bullish candle) before entering, and consider setting your take-profit level around $207.30 to capture gains if the bounce holds. Happy Trading Kris/ Mindbloome Trading Mindbloome Exchange
VANTAGE:AMAZON
by Mindbloome-Trading