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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.
NASDAQ:AMZN
by P_S_trade
29
Amazon Price in Triangle Amazon stock price at the triangle support break down below will send the price lower. amazon stock price must hold above this zone for the next move here amazon chart looks fine here if hold above this lower trend line zone it can move higher and breakout above 3400 $ will send the price to higher level it can easily touch the 4000$ if maintain above the 3500$ psychological support zone. let's see the price reaction here we will see what market maker is cooking for us
NASDAQ:AMZN
by TheLightCrypto
Amazon Is replacing The Amazon *LongAmazon prints a fresh ATH and making HL , Trading within a Nice channel that has been respected since July 2020.....3 time we have rejected a breakout opportunity which was anticipated . I see Amazon breaking ATH over the course of the coming months when earnings are announced 29 April ...approximately 77 days time .... Amazon has smashed the past 3 estimates obviously due to the Virus and Lockdowns etc and i anticipate that Amazon does it again in the coming few months ....for entry i have Highlighted the orange box which should act as a strong support and a nice entry .
NASDAQ:AMZNLong
by SJTRADESFUTURES
#AMZN Trading plan! Hello friends! Amazon has been trading in a channel between (3090-3350) $ since November Since the end of January, the price bounced off the support level of 3090$ and rushed up. Having made a false breakout, the price rolled back and went up again! At the moment, for the fourth day, the price is moving towards the level of 3050$. After the breakout of this level, we can get a good move to the next resistance level 3495$. Also, further growth cannot be ruled out, since the price traded in the channel for a long time. There will be enough energy at the exit from the channel to break the 3495$ level. ✔ Do not forget to trade using your own trading system and with stops! ✔ If you like what I do, put 👍 and subscribe! 🙌👀 ✔ This is the best gratitude for my work! 💕
NASDAQ:AMZNLong
by VS_trading
#Amazon - Bullish - But I sell all positionsFrom a purely technical chart perspective, I continue to see Amazon bullish. A breakout means rapidly rising prices. I wanted to hold the shares longer but out of my inner conviction that was no longer possible. There are enough alternatives for investments. Therefore, I sold all Amazon shares from the depots last week, because I consider freedom of opinion and diversity of opinion to be the highest good. In the course of time, censorship has always led to further radicalization and even to war/civil war. This is what history teaches us. The measures that Twitter, Google, Facebook and Amazon have therefore taken in recent weeks to suppress opinions, I consider as dangerous as the silence of the alleged "democratic" forces in the world. That many media/gazettes celebrate this, shows actually only whose spiritual child dwells in their owners mind. With their market-dominating position, these companies must be broken up as quickly as possible. Not only from a monopolistic and competition law point of view, but above all because they can and already do massively restrict freedom of opinion and diversity of opinion. Best regards from Hanover, Lower Saxony Stefan Bode Please also still like the publication of the similar idea attached below.
NASDAQ:AMZNLong
by StefanBode
4
Amazon , bullishHello friends, I want to give my opinion on Amazon. This analysis is done in the long term, it does not guarantee or know what may happen in the very short term. It is in a clear upward trend, since July 2020, a pattern known as a symmetrical triangle began to form. What does this pattern consist of? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines. In the graph itself, I indicate where the buying / selling zones would be. Also as I think it will respect the pattern and break upwards, I also indicate where it would be an ideal point to take part of the profits.
NASDAQ:AMZN
by scam2nft
Technical outlook: AMZN bearish scenario:We have technical figure Triangle in US company Amazon.com, Inc. (AMZN) at daily chart. Amazon is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The Triangle has broken through the support line at 31/10/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 53 days towards 2 339.19 USD. Our stop loss order should be placed at 3 495.00 USD if we decide to enter this position. Fundamentals: - Amazon is withdrawing advertising for pre-Black Friday discounts in France, after the government said the campaign was unfair to small shops at time when a coronavirus lockdown has forced them to close.
NASDAQ:AMZN
by legacyFXofficial
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.
NASDAQ:AMZNLong
by Conner123
4