$AMZN #AMZN Amazon ready for a break anytime now!Amazon had been consolidating for a while now, bollinger bands are finally getting tight, meaning there will be a volatile move soon! Keep an eye out for the break out of this triangle pattern, a break above would take it to all time highs, a break below might head to 200 MA to retest and then go higher. Either way might not be a bad idea to add a little here, then add more on the breakout or 200 MA.
Amazonlong
AMZN Amazon Bearish Signals on Bullish Fundamentals In the Q4 institutional buys were 124B compared with 7.69Bil sells.
On 10/30/2020 JPMorgan Chase & Co. Boosted Price the Target price from $4,050.00 to $4,100.00
The Pharmacy business will be a long term growth catalyst for Amazon.
Their cloud service is growing too.
The Holyday sales will most likely surpass the last year`s.
The indicators are still bearish, i won`t buy yet, but wait for a breakout.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
AMZN Trade Update (Wave 5 Bullish) Notice big tech and the SMH is positively correlated with the exception of early September pullback in Semis. I’m considering the corrective (A), (B), (C) as complete with a remaining wave 5 rally in progress to stretch our existing bullish verticals into late Oct.
AMAZON COM INC - BUYHello Friends ! -- please support us with like and share with us your opinion in comment
---------------
So, as you see the market was in a downtrend (marked in green) follow by a high volume at the bottom and a candle that breaks the VWAP , so now is the right time to buy shares . and you can strengthen your position in the candle marked in the graphic
Thank you
Amazon 3500 update Amazon broke out of that falling wedge, making our way back up to 3500 may not hit 3500 but with analyst unchanged PT of 3400 we can expect some good bullish runs these upcoming days. If we drop below 3075.43 we can see a move down to 2971.35. If we hold above 3075.43 we can see a move up to retest that resistance zone at 3240.00
Amazon Prime DayPrime Day
Prime day happens every year since 2015. This event allows AMZN prime members to access exclusive discounts for 2 days. This usually happens in July but due to COVID-19 it did not happen this year. Rumors are now circulating that Prime day will be announced soon, the general consensus is that it will be Oct 5-6 and no later than Oct 20.
15 days prior to Prime day for the past 5 years AMZN stock has went up and average of 7.6%. Currently reaching weekly demand zone, this should start to pick up steam as investors await for a date. Once announced AMZN should see a nice pop to the upside. A 7.6% increase at the current price would bring AMZN to about 3300 from where it stands now.
Naked options on this would be risky but a vertical spread would be less risk/more reward.
AMZN - buy support zones analysisHello traders,
Description of the analysis:
AMAZON ( AMZN ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Buy Zone and Target for Amazon $AMZNMy buy zone and target for Amazon. Amazon is reaching an apex point, it should make a move soon. I think as long as the support trend line hold amazon should be a good buy. A break below the support trend line would invalidate this ascending triangle.
(Not financial advice)
AMZN Showing Bullish Signals for nest days !after the breakout of the triangle, and more essentially the pullback on it, there is a great opportunity to buy the stock.
The target is expected to be the length of the triangle which coincides with the 50% Fibonacci level, this could occur if the breakout of the 38.2% Fibonacci level occurs, if so, you have 90% chances that the target will be reached.
Focus on volumes friends, THEY make the market move!
AMZN Bullish Trade Setup AMZN uptrend still in play. Up to the medium time frames and above, our AMZN longs is moving into the money as AMZN is starting to move higher targeting the 3645 level. Focus is on remaining 3 impulse move higher for us to book our AMZN longs possibly into September. Looking to also scale in with more longs with this momentum play on AMZN at current levels Check Video Update for trade execution details.