Pair : AMZN - AMAZON Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Resistance Level
Pair : AMAZON Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Double Top in Short Time Frame Fibonacci Level - 261.8%
Pair : Amazon AMZN Description : Bullish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Bearish Channel in Short Time Frame and Rejection from Lower Trend Line Completed " 123 " Impulsive Waves
Pair : Amazon Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame with the Rejection from Lower Trend Line and Rejecting from Lower Trend Line of the Corrective Pattern " Bullish Channel " in Short Time Frame. Completed Impulse and " ABC " Corrective Waves
Technical Analysis: - AMZN is still doing a WXY medium term correction in blue - In the short term AMZN is finishing wave ((3)) in black of ((5)) waves to complete wave (X) in blue - We expect that the correction will be finished at around 70 when wave ((II)) in black is also completed - H1 and H4 right side is up Technical Information: - Don't buy AMZN...
Although Amazon is currently moving sideways after following a downwards slope, we expect the course to drop down further below the support line at $87.59 to reach the white target zone between $85.73 and $65.73, where wave (IV) in white should hit its low. Afterwards, the course should turn back up and push above the support at $87.59. As soon as the course...
Amazon Short Term - We look to Buy a break of 106.50 (stop at 99.65) We are trading at oversold extremes. 100.00 continues to hold back the bears. This is positive for sentiment and the uptrend has potential to return. Posted a Triple Bottom formation. Further upside is expected. Our profit targets will be 124.82 and 130.00 Resistance: 125.00 / 138.00 /...
if we broke the 133$ resistant , that will confirm the bullish sentiment for Amazon, and the next target will be around the 155$, however if we got rejected and went down to our strong support the 100$, and we close 4h candle below it, then we going to visit the strongest support for AMZN above the 81$.
If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Amazon.com, Inc. (AMZN). The chart is self-explanatory. Death cross on the 1D chart recently occurred. RSI and MFI is below the support line. Keep an eye on the Multi-Year Support Line if price starts to break down. Included in the chart: Trend line, Support and...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
When it comes to AMZN , right now price is near the demand zone and we could expect a bounce off from that area. Even though we seen many rejections from this area, I think still there’s an enough demand left at that area considering the previous impulse to the upside. So I would recommend you to take a buy position when price reaches the S1. And don’t forget to...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AMZN , I think we are going to see a strong upward movement. If you are going to go long now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...
Will $AMZN repeat its last pump? Lets take a look.... What we know from the last pump... Clear Bullish RSI Divergence Clear longer term upwards squeezing 19 Month Consolidation How are we currently looking? Right now we have great upward squeeze happening. $AMZN has been consolidating for the past 17 months. Along with this a very common Bullish pattern...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Amazon stock has dropped since the start of August where we see the price in July was trading near 3604.80 then it dropped to 3329.99 almost an 8% drop and the market...
Based on the recent transition and apparent bullflag that is forming just above the transition level This is a great point to enter a long position on Amazon While Jeff is in space, his stock (company) will be soaring to the same place xD Really does look great
The Triangle pattern is completed in the 4th wave and ended in the range of 3086.47. To get the confirmation for the uptrend, the price needs to cross the range of $ 3347.68. This analysis will be violated, if the price crosses the $ 2950 range