Get started

AMZN

AMZN Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for AMZN is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 98.68, where the 38.2% Fibonacci line is. Stop loss will be at 91.54, where the previous swing low is. Take profit will be at 121.31,where the previous swing high is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by FXCM
1
AMZN Potential for Bullish Continuation | 1st February 2023Looking at the H4 chart, my overall bias for AMZN is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 98.68, where the 38.2% Fibonacci line is. Stop loss will be at 91.54, where the previous swing low is. Take profit will be at 121.31,where the previous swing high is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:AMZNLong
by Rockqet
Amazon (AMZN) Updates ---> LONGAmazon (AMZN) Trade Updates Amazon arrives in the volumetric accumulation zone of the last 2 years. the price reacted in the best way both on the weekly and on the daily, Waiting for the Earnings, which in 2022 have not been good for the first time in years, even considering the last quarter positive in cash flow, but negative in net profit margin (-20%). Now, in the case of neutral data, I will certainly evaluate a further entry, having an average price of about $106, I expect to double the exposure. My target is all-time highs, although volumetrically one could think of an exit at $160 Happy trading Lazy Bull
NASDAQ:AMZNLong
by LazyBull5
AMZN WITH THE EXPANDING CHANNEL BREAKOUT FOR A REVERSALAMZN did a bullish breakout on the upper boundary where we have a chance of seeing a rally ahead back toward the target close to 120+ on the chart. If the price can follow up the bullish sentiment in the future we can expect a decent recovery from the following expanding channel identified. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. 🙌🏻😎 📌For more details regarding this chart update, please message me on tradingview chat. Thank you!
NASDAQ:AMZNLong
by traderchamp_
7
MELI Engulfing Green Bar Three Line Bearish886.75)MELI is like a hydrid between Shopify and Amazon on the South American markets Fundarmentally its revenue compared to market cap is more favorable than either of those. On the weekly chart, MELI double topped to its historical high in February 2021 and September 2021. It then descended to a pivot bottom in July 22 The chart now shows a large green engulfing candle taking out most or all of the previous 5-15 candles or a so called " Big Ass Candle". This could represent the end of a consolidation period and the beginning of the resumption of down-trending price action. Last August a similar engulfing green weekly candle preceded a downtrend. I have plotted the long-term anchored VWAP and also the 6-month volume profile. I will take a short swin trade if price drops below the POC line of the volume profile. ( 886.75) If however, price approaches or crosses the VWAP ( 1060) I will take a long trade. Given the stock price a 6 month expiration call or put option may be the best trade method allowing for the taking of multiple contracts and then scaling out type trade management stratery.
NASDAQ:MELIShort
by AwesomeAvani