Amazonshort
AMZN SHORT (put option) almighty amazon in store for a pullbackThis is a trade idea for the amazon chart. I am seeing a possible short set up forming. during the beginning of the week amazon should trend up this week will end in a possible short. The analysis shows the entire idea. All of my setups are influenced by elliot wave. If you find my ideas helpful please follow
😯 Amazon Ready To Put On Scuba Gear? (AMZN)💰 LET'S GET INTO SOME AMAZON ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- Amazon Is on high alert as the 1 hour finally starts to shift red on the ema dots indicator below. The candles are firing red with a drop below on the Crossover strategy. I think the bears are getting hungry!!!!
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Amazon.com (bearish )Hello Traders
Normally i don't do stock trading but Elliot wave applies to everything. According to my wave count on AMAZON bullish trend is almost over. we are getting close or we already are on wave 5 then market will correct
RSI, Stochastic and MACD are overbought and have bearish divergence.
😯 How Much Juice Is Left? (AMZN)🤔 Pre market right now showing 2675 which puts it almost near the top of the rising wedge.
Amazon would have to go parabolic to break to the upside at this rate. Keep eyes glued and play the breakouts.
All indicators still green on the daily.
Best of luck, happy trading!
🥇MLT | MAJOR LEAGUE TRADER
🚨 Amazon Is On HIGH ALERT!!! 🚨 (AMZN)🤔 The big daddy of e-commerce looks like it could be at a tipping point!
MASSIVE ascending wedge! We are now getting the compression at the tip of the iceberg.
This pattern can show signs of extreme exhaustion.
What you will want to do is play the breakout of the wedge, almost like how I showed on spx500 before the dump.
2515 is current support that MUST HOLD! Good opportunity to short if it breaks that level.
2683 is an opportunity for long if it broke the top of the pattern, would need to be parabolic movement to breach.
Best of luck to you! 🎲🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
** Amazon Trend Analysis **Good Day Beautiful People,
Here's a short time analysis for amazon.
As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line.
We have a break out of a triangle pattern too, so that increases the chance of breaking the resistance line.
After all we have to be patient as always for the future price movements.
I think if the price can break the resistance line (with conformation indeed) it can be a good buying point.