AMAZON shortAMAZON short
1:2
Looks good trade.
Lets monitor.
Use Proper risk management.
Disclaimer: only idea, not advice.
Amazon
Waiting ATHThe paper looks very good technically. Last time such patterns worked well. The level of 3560 can be considered as the start of the longing scenario. It bounces well from the support zone without tending to go down.
However, the position set by some players is already starting. But I don't recommend doing it in the middle of the channel unless you are a long-term investor. Target - 4000 ( 15% upside)
Analysts of the big banks even count on 4150 -4300 per share.
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Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
We still waiting for a new bullish impulse on AMZNWe still waiting for a new bullish impulse on AMZN.
Today we will take a look at the AMZN chart and a pending setup we have.
The key concepts of this chart are:
- The price has been moving in a range for 300 days until we saw the new ATH
- Our main concept was: How many times can we look at situations in the past that the price stayed more than 300 days moving on a range and the resolution after that
- Based on that, we have defined the setup you can see right now as the best option to develop positions in the current situation. It's important to say that we have found moments where the setup was executed, we have a stop loss, and then the price continues in the direction. That's why we are ready to develop 2 setups if necessary.
- Now, we have a flag pattern on the edge of the range, and we are using Fibo extensions to define the targets of this movement. The fibo extensions are drawn based on the previous impulse (March 2020 - August 2020)
- On a setup like this, we will be risking 2% of the capital, looking to make 4.5%+ as a return.
- The expected time for a resolution like this is between 2 to 5 months.
Thanks for reading!
AMAZON Resistance Ahead! Sell!
Hello,Traders!
AMAZON is going up from the local support below
Following the rebound of the S&P500 Index
However, the stock is trading below a horizontal level
And I think there is a good chance for a pullback
Once the price retests the level properly
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Amazon (AMZN) 19/10/2021AMAZON is willing to go bullish
here i share with you a trade that i will be trading in my main account
AMAZON pending long 4hAMAZON pending long 4h
Pending position to get right entry point.
1:1
Looks good trade.
Lets monitor.
Use Proper risk management.
Disclaimer: only idea, not advice.
SPX 500 analysisI posted a graph on a higher timeframe before we had a decent drop in all markets:
And I still stand by that, but on the lower timeframe, I see a falling wedge forming. The price action indicates to me that we are going to break up sooner rather than later, so this yellow arrow I have on my chart is somewhat what I expect :)
$AMZN | WEEKLY WATCHLIST 10/18Anticipating Amazon to find a local top around the $3420 area and pullback into the indicated buy box. That's where I'll look to ideally go long. However, it's important to note that Amazon had an extremely strong bullish weekly candle last week, so we must take that into account going into this week.
If $3434 breaks with volume, I will take it long looking for $3450, $3500 targets immediately.
AMAZON 4h longAMAZON 4h long
1:1
Looks good trade.
Lets monitor.
Small lot size
Disclaimer: just an idea
A great swing opportunity on AMAZON for next weekhere is a great amazon swing trade that i want to share with you that i will be trading on my account
Amazon - DailyA fib drawn from the last high to the last low on the daily shows the 61.8 lining up with the top of the range.
Unsure if 78.6% retracements work for stocks so this is a test for now.
If we reach the extensions before pulling back then 61.8 is the ideal level to enter.
Amazon - WeeklyZoomed in look at Amazon.
Currently within a range since July 2020.
The previous range broke above and came back before breaking higher.
Similar scenario could happen here.
AMZN, Trade and trend [13OCT2021]Signal was cautious, I stayed out of it. Turns out it was a good idea, It was hard to generate alpha with this (at least for me).
Signal says weak bearish. but I will not short it
PS. Each box span a day, and the code gives short term and long term trends as shown. the trend is shown with the color of the box. The range is calculated on a daily basis.
If you want similar ranges and trends on your ticker, feel free to contact me, I will add them to my list and provide them when the signal is interesting (for free of course)
Redd
