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AMZN

Amazon and on?Amazon - Short Term - We look to Buy at 3080 (stop at 2962) A bullish reverse Head and Shoulders is forming. A break of 3416 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and volatile. Our profit targets will be 4162 and 4622 Resistance: 3172 / 3416 / 3762 Support: 2992 / 2805 / 2671 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:AMZNLong
by Saxo
1
Netflix post pandemic risk materialized in Amazon and DisneyThe news from Netflix this morning should not be a surprise to anyone, the company's executives had expressed two years ago during the peak of the pandemic that conditions were as good as they would get. With an increasing number of competitors coming under their skirt, Netflix is now reverting to the mean. It would appear the third generation rule might be validating itself, as Netflix was the innovator and paved the way for other well-capitalized and more diversified competitors such as #AmazonPrime and #DisneyPlus the latter which has been punished for pushing radical progressive policies. The key difference between Netflix and Disney is a multi-generational all-American brand, it is well entrenched in the global culture and has a massive war chest from diversified physical operations, cruise ships, music parks, and royalties across other entertainment segments. Amazon has clearly a massive advantage being the owner of the largest cloud service AWS which in fact is used by Netflix for their operations. In essence, you can argue that Netflix is subsidizing Amazon Prime via operating expenses at USD$6B. Amazon Prime asymmetric advantages combined with the largest capital reserves from the largest online store, placing Netflix at the mercy of AWS. In fact, we forecast that Netflix revenues and cash flows will continue to deteriorate to the point of no return within the next 24 months, placing itself as a target for Amazon.
NASDAQ:NFLXShort
by edrodven
$BABA, $AMZN 's dirty little secret.NYSE:BABA Anyone paying attention to $BABA? Are you considering buying into the $AMZN stock split? Are you concerned about chinese stock delisting? Geopolitics, Index fund Managers, lobbying, market reset by the FED's and technical analysis (the psychology of the investor) have a lot to do with what happens in the future. Did you know that as of 2021, China-based sellers represented 75 percent of new sellers on Amazon, according to a report by Marketplace Pulse. This marks a significant increase from 47 percent in the previous year. This large segment of China-based sellers on Amazon has not yet impacted the gross merchandise volume (GMV) market share. Domestic sellers are responsible for most of the total sales. Three-quarters of new sellers in the top four core Amazon markets — U.S., UK, Germany, and Japan — are based in China. That percentage is the calculated average of the four marketplaces, according to Marketplace Pulse analysis of more than 40,000 sellers that joined those Amazon marketplaces so far in 2021. So what does this mean for the future of $AMZN prices? Simply, if BABA gets delisted; the revenge from the Chinese government will be major; you think logistical issues, trucker shortages, and inflation is affecting prices? You've not seen nothing yet! My assumption is that the market reset is going as planned with major impact on Chinese stocks to limit the momentum of Chinese GDP (#2) against the U.S. (#1). The U.S. needs China just as much China needs the U.S. so the lobbying power of $AMZN and the rest will ensure the continuity of Chinese presence in the U.S. (those max profits are critically needed). Oooh before I forget, technical analysis: Daily Chart EMA (Exponential Moving Average): 20/50/100/200 EMA (everyone and their mama) are pointing downwards ! This spells bad news, especially going into May (a slow market month) TTM Squeeze: Squeezing to the bottom; momentum to the downside for both $AMZN and $BABA. Fib Levels: $BABA - with the current red candle crossing below the .618, there is very high probability that the price action will aim for the 1 fib. This will take us to the previous support and low of $73.28 or a possibility of going below that. Candle Stick: Summary of last 5 candles equate to a bearish movement. The last pairs look like a Bearish engulfing Pattern: Down by the sea ... off to the Falling Wedge for both $BABA and $AMZN News: Do I need to add more to the above? Well, with $NFLX taking a whooping on recent price increase policy, do you think $AMZN may face the same fate? History: The last 2 earnings have resulted in a downward trend even with great numbers. Everyone and their mama is talking about this stock... Company is worth Trillions and the consumer base love them... hmm... I really need to be buying the bottom.
NYSE:BABALong
by STAKKNATION
6
AMZN Trading Range PatternAMZN is in a trading range and will be stuck there for a while. This is a normal, necessary pattern. Trading Ranges have inconsistent highs and lows. It is very common to have a deeper trough, aka low, as the trading range heads into its final stages. It is still a great company. It just needs to reinvent and pattern out the extremely high revenues from inflated demand via stimulus checks during the Covid Pandemic, which are a big factor in this stock chart.
NASDAQ:AMZN
by MarthaStokesCMT-TechniTrader
2
AMZN Potential For Bearish Reversal | 14th April 2022Price is near the sell entry level of 3121.04 in line with 38.2% Fibonacci retracement. It can potentially dip to the take profit level of 3065.54 lines up with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below Ichimoku cloud indicator. 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:AMZNShort
by Rockqet
1
Elliott Wave View: Amazon (AMZN) Declines in 5 WavesShort term Elliott Wave view in Amazon (ticker: AMZN) suggests the rally to 3417 ended wave x. Wave y lower is in progress with internal subdivision as a zigzag ((A))-((B))-((C)) Elliott Wave structure. The stock is currently within wave ((A)) as an impulse where wave (1) of ((A)) ended at 2992. Down from wave x, wave 1 ended at 3246.39 and rally in wave 2 ended at 3373. The stock then resumed lower in wave 3 with internal subdivision as an impulse in lesser degree. Down from wave 2, wave ((i)) ended at 3265.32 and wave ((ii)) ended at 3289. Wave ((iii)) ended at 3090.23, rally in wave ((iv)) ended at 3175.25 and final leg lower wave ((v)) ended at 3010.69. This completed wave 3 in higher degree. Rally in wave 4 ended at 3102 and wave 5 lower ended at 2992 which completed wave (1) in higher degree. Wave (2) rally is now in progress to correct the decline from March 29, 2022 peak before the stock resumes lower. Internal subdivision of wave (2) is in progress as a zigzag Elliott Wave structure. Up from wave (1), wave A is expected to complete soon, then it should pullback in wave B before the stock turns higher in wave C to end wave (2). As far as pivot at 3416 high remains intact, expect rally to fail in the sequence of 3, 7, or 11 swing for further downside.
NASDAQ:AMZN
by Elliottwave-Forecast
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level . 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
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator where price is trading at support level. 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
AMZN: Buying the dip? Watch these key points carefully!Hello traders and investors! Let’s see how AMZN is doing today! In the 1h chart we see that it is trading near the support level of a Descending Channel. This is a good place for a bullish reversal, but so far, we don’t have a meaningful reaction. The black line at $ 3,175.42 is the key point that could trigger a reversal, and the first target would be the 3,265.35. What’s more, it must break the 21 ema for good, which is another resistance for it. Let’s see the daily chart for more clues: In addition to the support in the 1h chart, the daily chart shows another important support level: The 38.2% Fibonacci’s Retracement. For now, AMZN is holding at this support area nicely, but it must break the $ 3,175 for some bullish confirmation. AMZN is not one of my favorites right now, but it is looking interesting. Since it is near support levels, the Risk/Reward ratio becomes attractive again, and it is worth to trade it. The key point it must not lose in order to trigger a clear bullish sign is the 38.2% retracement in the daily chart. Let’s keep our eyes open! I’ll keep you guys updated on this, as usual, so remember to follow me to not miss any of my future daily analyses!
NASDAQ:AMZN
by Nathan_The_Finance_Hydra
1
AMZN: Sell Zone is 3520-3670AMZN just finished up its W-4 pull back as expected. However, price was about $80 shy of reaching our buying zone at $3100-3000, but the bottom appears to be in now. AMZN should rally about 10% by the end of month to complete its W-5. It should maintain the support trend line you see on the chart. After we reach the selling zone you will want to "Sell in May and Go away" because AMZN will then begin its larger degree W-2 pullback that will bring price back to about the $3100-3000 level. I will be selling covered calls against my shares to protect my gains once we reach the selling zone.
NASDAQ:AMZNLong
by TomDaSpankEngine
Buckle Up ButtercupI have been following GME forever. I have even gone to that little movie that was created to show my dedication. I have GameStop merchandise and clothing. I love this company. Lately things have been feeling different than usual, I still expect time to do its duty, as well as catalysts to potentially increase our duration at these levels as well. Soon however, GME will be more than a stock. Soon I expect large green bars. Soon. Buy. Hold. DRS. Want a choccy milky from the gas station to fill ur tum tum with num nums?! NO!!!! Because save $$ -> BUY -> HOLD -> DRS I LOVE YOU ALL GOODNIGHT (NFA)
NYSE:GMELong
by Trexarch
1