Amazonlong
AMAZON , 140% gain ahead.it's a monthly chart of AMAZON, as you see , the third wave of elliott hasn't ended yet .
our target is 8300 $ , exactly on 161.80% Fibonacci.
after reaching the target , we will witness a correction as the 4th elliott wave , and then the 5th wave.
so in my opinion , keep your AMAZON stocks , till the target reach.
it's a long-term target , will take a at least 10 months to one year to get there.
aye man , if you liked the idea , hit the like.
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any question or opinion ? comment bellow.
AMZN DAILY TIMEFRAMESNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Amazon is on his way back upHello everyone, as we all know the market action discounts everything :)
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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 created a gap, and since then its been struggling a bit to get back up.
At the end of the months, the price started to gain more momentum at August 20 the market started going up and jumped from 3199.00 to 3466.11 in 10 days.
It doesn't look like the market is slowing down as more buyers go in and this Bullish trend keeps on going up.
Scenario for the market movement :
The price already reached the first resistance line at 3459.30 today and its movement doesn't seem to be slowing down. We might see some strong resistance at the second line at 3497.04, But if the Bulls were able to keep control over the market then we will certainly see the price go back to the 3549.08 level no problem and from there a new battle will begin over control and the outcome will determine the movement of the market.
Technical indicators show :
1) The market is above the 5 10 20 50 100 200 MA and EMA (Strong Bullish sign)
2) The RSI is at 61.66 showing great strength in the market with no divergences between the market and the indicator.
3) The ADX is at 32.82 showing that the market is trending, with a positive crossover between DI+ (31.25) and DI- (21.06).
Daily Support & Resistance points :
Support/Resistance
1) 3369.52 1) 3459.30
2) 3317.48 2) 3497.04
3) 3279.74 3) 3549.08
Fundamental point of view :
Investors might be concerned with Amazon (AMZN) facing several headwinds in 2H21. Tough comps, re-openings, and supply chain/transportation constraints are all issues to consider as noted by Baird analyst Colin Sebastian.
However, following last week’s AWS Summit Online conference, the analyst believes investors should be paying more attention to Amazon’s cloud business.
“AWS trends remain positive with accelerating growth, healthy margin contributions, and increasing urgency among enterprises to adopt ‘digital transformation,’” the 5-star analyst said.
Amazon is reportedly investing in a live audio feature similar to Clubhouse that will include podcast networks, musicians and celebrities holding live conversations, shows and events.
Axios sources say the effort is being led by the Amazon Music team, which will make the features available to its subscribers, and the live programming will eventually be added to Amazon's live video service Twitch.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Great opportunity to buy Amazon.comAmazon is one of the world’s most fundamentally sound stocks. But despite publishing the good results, the stock price drastically fell. The reasons for this fall could be the mayhem in the Chinese IT and education sectors, the profit bookings forced by the delta variant news or even a game played by the operator.
Amazon.com is definitely a buy-on-dip stock. Technically we could have a dip in our hands. Let’s understand how we got a dip here.
If the market participants expect the results to be good, they take stock prices to higher levels with good volumes. From point X to A the stock price had risen 10% breaking the strong supply zone.
Whenever a strong supply zone is broken it becomes a strong demand zone and price comes down to test it. The price came down to point B and bounced to point C. It came down to test again but this time to take on the strong demand zone it opened with a gap-down.
The gap down below this zone removed the bullish participants by triggering long unwinding and bears also gained power. Now bulls will wait until the price reaches the demand zone or a dip. At the dip, if bulls gain power it triggers short covering thus kicking bears out. The dip may be at point D.
The point D we got here is the terminal bar price of the bullish butterfly pattern, which is a fib ratio of 1.618.
This point D lies in an old demand zone that has been tested several times. Historically whenever the price went down this demand zone, it fell by 10% and then rose back. But when it bounced back rose by 10% and a maximum of 18%.
The take profit levels for butterfly pattern will be 0.618 fib retracement of CD and can be trailed up to 1.272 fib retracement.
Buy at 3185 (point D) with SL placed at 3043(SL for butterfly pattern @fib ratio 2)
Reward >= (3511-3185) = 326
Risk = (3185-3043) = 142
RR>= 2.23
Buy at some qty at 3185 and average the price with some more qty if the price reaches 3043 to 2880 zone with SL of day closing price below 2880.
Points to be considered
1) The volumes are lower than the 20 moving average since the major gap-down.
2) RSI is at 28 indicating the stock is oversold.
3) The stock price trading in the demand zone with lower volumes could be a sign of a pullback.
As the markets are down due to early tapering news, these levels may not work.
If you want to be absolutely sure then wait for the price to break out in either direction with good volumes, then consider your position.
Please consult your financial advisor before investing.
Amazon (AMZN) UpdatesAmazon.com (AMZN) Updates
An important gap was the one that marked the day of July 30, when Amazon (AMZN) opened with a -7% and then touched even a -11% in the following days.
Good but not great earnings, but above all forecasts for the next lower than expected Earnings, led to a rather violent sell-off after the price broke the resistance of $ 3553.22 on July 6.
The price has not yet recovered, on the contrary it has continued to fall below the SMA200 to more "stop" on the POC in the 3198.95 area.
Currently there are no signs of recovery, even considering the last two trading days, candles of indecision.
Volumetrically, the best entry level is around $ 2920, but more realistically, $ 3000 is a great entry level.
In reality, we are already on an interesting level, in terms of volume, and the stock has already "discounted" 11% from the highs of July.
Basically, I don't think this is the beginning of a big negative trend, the company is too solid, the services are increasingly excellent and the future prospects, albeit slightly downsizing in terms of EPS, remain excellent.
I therefore believe that this is an opportunity to accumulate, especially for those who, like me, have an excellent average purchase price.
Summarizing entry levels:
current (3199)
3000
2920
Targets:
3553 returns to being a good level of TP
3720
As always you can find my profit and losses... follow me!
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AMAZON Potential Bullish ReversalAmazon saw a sharp sell-off last week after its earnings report. Despite AWS and its ads business seeing incredible growth, the growth in their e-commerce core business seems to be slowing down. For this reason, the stock fell more than 8% on Friday. This is very surprising to me as I expected the market to have priced in this scenario. After all, as the economy opens up, people will want to go out and spend money on other activities rather than buying stuff on Amazon during the lockdown.
Nevertheless, the price is testing the support level of the channel trend right now. Keep a close eye on the two support levels indicated in red. As long as we hold these support levels there's a good chance a bullish reversal will play out. On the other hand, if we break these support levels, expect more downside.
AMZN 50 Fib Hold Or Fold?Looking at AMZN the last time it was at its low-end support, using that as an anchor then plotting out the fibs actually revealed some pretty clear levels. Mainly this 50 fib line has remained a "high traffic" pivot for the stock this year. Even with Friday's gap down, AMZN stock briefly broke below it but held RIGHT at it by the closing bell. Also on the 1 hr, 30 min, and 15 min timeframes, the final candle was a dragonfly doji. Will it hold true to its usual bullish continuation definition or more pullback still in store?
COVID and reopening will likely be supporting "cast members" to determine where the follow-through comes from. Delta cases continue picking up but at the same time, AMZN is somewhat of a hybrid both as a reopening play and a lockdown survivor.
More: Top Reopening Penny Stocks to Buy in August 2021? 3 to Watch
AMZN 1H Amazon stock has an uptrend for 20 years, what next?Amazon.com is one of the first Internet services focused on the sale of real consumer goods, the world's largest company in terms of turnover selling goods and services over the Internet. The company is expanding into e-commerce markets around the world.
Such a "big brother" from “Big five“ , the development of which probably inspires all the Internet platforms. Today, it is difficult to name any innovative industry where Amazon or directly its founder Jeff Bezos would not be involved. They are involved in all industries: from filming movies and TV shows to supermarkets without salespeople, from selling anything online to flying into space.
But let's go to the graph, if you looked at our global ideas for the funds' instruments ( by the way, they are all tied to the bottom of this idea ), you should note that all instruments had a consolidation of 8-13 years around the 00s and then a 10-12 year growth trend.
But AMZN shares are different, even special ones — their upward trend , almost without correction, has been going on for 20 years.
From the low of 2001, the share price of AMZN has added more than +60,000% , here even most cryptocurrencies can envy such a powerful and stable growth.
Of course, the higher the price, the more difficult it is to grow, however, we believe there is still potential for growth.
Last year, Amazon's share price was in the consolidation of $2800- $3500. It was gaining strength for the next upward impulse, which took place 2 weeks ago. Now the $3500 level is turned from resistance to support.
If the price does not go much lower than this level, then the forecast of continued growth another 1.5 years to the beginning of 2023 will become very realistic.
The intermediate target for growth can be $4800, and the final target for growth we choose is $5750 . Just imagine, at this level, the price of an A MZN share could rise more than +100,000% from the 2001 low in a single trend. One hundred thousand percent, this is cosmic significance as for funds.
It is good that tradingview retains all the ideas and in 1.5-2 years we will be able to test their effectiveness.
And if you are interested, please like and write a comment. We will update the idea over time, and you will receive a notification about it.
AMZN Long-term LONG/BULLISH - Amazing support for next rise!AMZN Long-term BULLISH/LONG - We had a bounce from the 0.618 and a beautiful support from the 0.5 of the Fibonacci Retracement, next targets are the 0.618 of the Fibonacci Extension ($3543.28) and the 1 ($33800.37) GOOD LUCK AND HAPPY TRADING!
AMAZON inc. 1W analysis 03/07/21Hello everyone , as we all know the market action discounts everything :) we took a look on the AMZN stock weekly chart and noticed no reversal signs yet the market is still in a bullish phase with all the different patters and indicators confirming this . the market seems to formed a flag pattern and its trading in its range for the time being.
Fundamental analysis :
Amazon.com Inc plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock, which will pay out over 10 years, the company said in a regulatory filing on Friday.
Amazon (NASDAQ:AMZN) will record the grant of 61,000 shares on July 5, the filing said. That's the date Jassy succeeds Jeff Bezos in the online retailer's first CEO transition since its founding in 1994. As of Friday's close, those shares are worth about $214 million.
The award's exact value will depend on how the shares are trading when they pay out in future years, encouraging Jassy to grow a company that's worth $1.77 trillion today. Though Amazon did not disclose the vesting schedule, its previous stock grants have not vested right away.
Jassy's base salary has been $175,000, filings show. On top of that, he has $45.3 million in previously awarded stock that is vesting this year and had $41.5 million vest in 2020.
The annual median pay at Amazon was $29,007 last year across full, part-time and temporary employees worldwide, excluding Bezos, whose base salary was $81,840. The founder's outsized stake in Amazon has made him the richest person in the world.
AMZN's Return On Assets of 8.33% is amongst the best of the industry. AMZN does better than the industry average Return On Assets of -4.11%.
AMZN's Profit Margin of 6.42% is amongst the best returns of the industry. AMZN outperforms 82% of its industry peers. The industry average Profit Margin is -2.95%.
AMZN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 151.08%.
The Revenue is expected to grow by 19.56% on average over the next 5 years.
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Will the MGM deal push AMAZON higher?Amazon is buying MGM Studios for $8.45 billion, the companies announced Wednesday, marking Amazon’s most ambitious move yet into the entertainment business.
The deal is Amazon’s second-largest acquisition. It paid $13.7 billion for Whole Foods in 2017.
What do you think? Will this deal push AMAZON higher towards the 4,000$ mark?
Most likely will,
the FXPROFESSOR