Amazon
Amazon and on?Amazon - Short Term - We look to Buy at 3080 (stop at 2962)
A bullish reverse Head and Shoulders is forming. A break of 3416 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and volatile.
Our profit targets will be 4162 and 4622
Resistance: 3172 / 3416 / 3762
Support: 2992 / 2805 / 2671
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$BABA, $AMZN 's dirty little secret.NYSE:BABA
Anyone paying attention to $BABA?
Are you considering buying into the $AMZN stock split?
Are you concerned about chinese stock delisting?
Geopolitics, Index fund Managers, lobbying, market reset by the FED's and technical analysis (the psychology of the investor) have a lot to do with what happens in the future.
Did you know that as of 2021, China-based sellers represented 75 percent of new sellers on Amazon, according to a report by Marketplace Pulse. This marks a significant increase from 47 percent in the previous year.
This large segment of China-based sellers on Amazon has not yet impacted the gross merchandise volume (GMV) market share. Domestic sellers are responsible for most of the total sales.
Three-quarters of new sellers in the top four core Amazon markets — U.S., UK, Germany, and Japan — are based in China. That percentage is the calculated average of the four marketplaces, according to Marketplace Pulse analysis of more than 40,000 sellers that joined those Amazon marketplaces so far in 2021.
So what does this mean for the future of $AMZN prices?
Simply, if BABA gets delisted; the revenge from the Chinese government will be major; you think logistical issues, trucker shortages, and inflation is affecting prices? You've not seen nothing yet!
My assumption is that the market reset is going as planned with major impact on Chinese stocks to limit the momentum of Chinese GDP (#2) against the U.S. (#1).
The U.S. needs China just as much China needs the U.S. so the lobbying power of $AMZN and the rest will ensure the continuity of Chinese presence in the U.S. (those max profits are critically needed).
Oooh before I forget, technical analysis:
Daily Chart
EMA (Exponential Moving Average): 20/50/100/200 EMA (everyone and their mama) are pointing downwards ! This spells bad news, especially going into May (a slow market month)
TTM Squeeze: Squeezing to the bottom; momentum to the downside for both $AMZN and $BABA.
Fib Levels: $BABA - with the current red candle crossing below the .618, there is very high probability that the price action will aim for the 1 fib. This will take us to the previous support and low of $73.28 or a possibility of going below that.
Candle Stick: Summary of last 5 candles equate to a bearish movement. The last pairs look like a Bearish engulfing
Pattern: Down by the sea ... off to the Falling Wedge for both $BABA and $AMZN
News: Do I need to add more to the above? Well, with $NFLX taking a whooping on recent price increase policy, do you think $AMZN may face the same fate?
History: The last 2 earnings have resulted in a downward trend even with great numbers. Everyone and their mama is talking about this stock...
Company is worth Trillions and the consumer base love them... hmm... I really need to be buying the bottom.
Breaking down AT&T’s stock after WarnerMedia spin-offNearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE:T) has gone back to its roots to focus on being a telecommunications company.
On April 8, AT&T completed the spin-off of 100% of its interest in WarnerMedia, which owns subscription service HBO Max and film production company Warner Bros., and merged it with Discovery Inc. (NASDAQ:DISCA) to form a mega-streaming platform to better take on giants like Netflix (NASDAQ:NFLX), Apple’s (NASDAQ:AAPL) Apple TV, and Disney+ and Hulu by Walt Disney (NYSE:DIS).
Foray into media services
AT&T completed its $85.4 billion acquisition of WarnerMedia, formerly Time Warner, in 2018 about two years after first disclosing the move. The company had hoped to provide seamless media content through its direct-to-customer distribution. It subsequently rebranded Time Warner into what is now known as WarnerMedia.
WarnerMedia owns Netflix rival HBO Max, an over-the-top subscription service launched in 2020 with a ton of exclusive and original contents, as well as HBO classics.
However, in the years that AT&T acquired WarnerMedia, HBO Max still lagged Netflix, which continues to dominate the global streaming platform.
According to tech news platform CNET, Netflix remains the biggest streaming service provider in 2022, with Disney+, Hulu, Amazon.com’s (NASDAQ:AMZN) Prime Video, and HBO Max trailing behind.
The merger of WarnerMedia with Discovery to form Warner Bros. Discovery (NASDAQ:WBD) is expected to up both platforms' game against Netflix, Amazon, and Disney.
Since announcing the closing of the merger, AT&T’s stock has jumped 7% as of Thursday, April 14, but down nearly 14% on a year-on-year basis. Its rival, Verizon (NYSE:VZ) is also trading almost 8% down from a year ago.
Bullish on AT&T?
Although AT&T’s stock remains below year-ago levels, many analysts remain bullish on the telco’s stock, citing its renewed focus on its core telco operations.
Bank of America analyst David Barden recently reaffirmed his buy rating on AT&T with a $25 price target, saying its shares are undervalued. Barden also noted that the spin-off of WarnerMedia will help ease the complexity of AT&T’s operations.
"With the deal now closed, the dividend reset, and the investor base stabilizing, we believe the stage is set for investors to begin focusing on AT&T’s improving fundamentals," Barden reportedly wrote in a note to clients.
JP Morgan analyst Philip Cusick also issued an upbeat outlook on AT&T’s stock, setting a price target of $22, urging investors to capture the discount on the company’s share price.
Focus on core telco business
Analysts now expect AT&T to double down on its wireless business and expand its fiber optic reach amid intense competition against rivals like Verizon in the broadband space.
In the fourth quarter of 2021, AT&T’s revenue fell to $41 billion from $45.7 billion a year earlier on the back of lower business wireline revenue, which was slightly offset by higher mobility and consumer wireline turnover, and strong revenue from WarnerMedia.
The absence of WarnerMedia’s results will likely weigh on AT&T’s financials in the near term, but its renewed focus on being a telecom pure-play company will make it more competitive against Verizon T-Mobile US (NASDAQ:TMUS) and other smaller players as it expands and improves its 5G wireless networks.
"Going forward, we aim to be America's best broadband provider powered by 5G and fiber, and defined by greater ubiquity, reliability, capacity, and speed,” AT&T CFO John Stankey said in a recent earnings call.
Stankey added that the company will focus on growing its subscribers and accelerating the pace of its 5G deployment.
is Amazon about to fall?After checking in high timeframes (1d, 3d and 1w) and set up pivote zones, resistances and supports and also checked indicators for price-action patterns i got notice that Amazon stonks will be under bearish trend soon. I think there are 2 important dates which AMZN stonks will fall strongly first one in June and the second one in November.
AMZN Potential For Bearish Reversal | 14th April 2022Price is near the sell entry level of 3121.04 in line with 38.2% Fibonacci retracement. It can potentially dip to the take profit level of 3065.54 lines up with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below Ichimoku cloud indicator.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
7/10 AMAZON 4200 JULYHey fellow traders,
Welcome back, I hope you are doing good.
Right here we can see Amazon, which is in very good shape...almost sexy! ;)
There is a Triangle forming, which is a bullish sign, especially at a record high.
Most of the time, the pennant leads to higher highs, which more or less is the height of the all-time high and the first low of the triangle.
Expecting 4200USD at a 25% rise, Amazon which had 106billion Q4 earnings in the year of Corona 2020, expected was 95, and which is in addition to this, the highest earnings for a single quarter...This is pure jet fuel to me.
Regarding the global change to digitality and a technoculture of digital payment, clouding, and online culture, I think Amazon will be and already is a giant forming and shaping the future of business.
Not just selling but creating marketplaces, being a service provider and a logistics monster, Amazon will do pretty good, at least this decade, that is FOR SURE in my humble opinion.
Anyway, getting back to technical analysis:
-As you can see, RSI (relative strength index), the "strength of the market" looking strong, being in a healthy uptrend, not being overbought or sold, pretty natural higher highs and higher lows, especially from September 2020 until today (February 2021).
-Volume pretty nice, too: We see high volume when the price rise from 1600USD (15. March 20) to 2400USD within 4weeks, and a little less but acceptable and confirmable volume, when the price hit the actual all-time high at 3500 (1. September 20). Right now, the volume is declining, which is a sign that market participants do not even think about shorting or selling this stock. In today's trading session (2. February) I heard not even one sell or short order was given in NASDAQ, only buyers or holders. Incredible.
-The triangle acts also like a bull flag from the recent leg up (1600-3500 15. march- 1.september 2020)
What do we wanna see?
-A break out of the triangle which already occurred and created a gap (could be closed in a single sharply in the coming days)
.Good volume while climbing to a higher high until July 2021.
The price target and the date range is because of historical data, which shows average length for price actions of this kind and estimated price ranges, because of a) the triangle and b) older moves of this stock, which are kind of similar.
Pew, this was a long one. But you are done, good job coming so far. And you know what didn't expect to write that much honestly haha ;-)
Anyway, hope this idea provides you with interesting information and data,
happy trading,
gqt
ps: Jeff Bezos is no longer CEO of Amazon. It the Head of Cloud Services Andy Jassy, which is there from the beginning. Jeff will be Chairman and will be looking over his shoulder, like Bill Gates does on Microsoft when he left it a while ago.
AMZN: Sell Zone is 3520-3670AMZN just finished up its W-4 pull back as expected. However, price was about $80 shy of reaching our buying zone at $3100-3000, but the bottom appears to be in now. AMZN should rally about 10% by the end of month to complete its W-5. It should maintain the support trend line you see on the chart. After we reach the selling zone you will want to "Sell in May and Go away" because AMZN will then begin its larger degree W-2 pullback that will bring price back to about the $3100-3000 level. I will be selling covered calls against my shares to protect my gains once we reach the selling zone.
amazon watchafter breaking the level with that green candle we can notice the price hit the nbreaks a little bit and created that red hammer candle . best move is to wait what gonna happen on monday . if a red canddle got created than that means it was a fake break . but if a green candle appear , that would mean the price will continue upwards and it a good place to entre as buyers
SELL AMAZON TODAYGOOD EVENING,
1)we are below the VWAP .👌
2)bear divergence confirmed by STOCHASTIC .💪
3)protected by the last resistance. 💪
all these indicators say sell in a loud voice.
so sell and open your wallets.🤑
+IF IT BREAKS UP BUY AT 3439,00
+IF IT BREAKS DOWN SELL AT 3182,00
BUT TODAY SELL ANYWAY BECAUS THE VWAP IS A VERY STRONG RESISTANCE
GOOD LUCK.❤️
My HIGHEST CONVICTION trades of 2022 - Amazon and GoogleThis is the chart video for my Best of Us Investors production detailing why I put Amazon NASDAQ:AMZN and Google NASDAQ:GOOG as my highest conviction trades of 2022. The past tech stock splits of Apple NASDAQ:AAPL Tesla NASDAQ:TSLA and NVidia NASDAQ:NVDA inform my thesis going into these future splits.
Amazon to Retest Key Level Amazon
Short Term - We look to Buy at 3200 (stop at 3080)
Preferred trade is to buy on dips. 20 1day EMA is at 3161. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 3200.
Our profit targets will be 3539 and 3751
Resistance: 3500 / 3700 / 4000
Support: 3200 / 3000 / 2700
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
AMZN Potential For Bearish Reversal | 30th March 2022We see the potential for a bearish reversal from our sell entry level of 3420.58 in line with 127.2% Fibonacci extension towards our take profit level at 3328.72 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Our bearish bias is supported by the stochastic indicator where price is at resistance level . Alternatively, price might continue to rise up to our stop loss level of 3480.02 in line with 138.2% Fibonacci extension.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.