AMZNTook an entry around 2038 and rode wave 3 of (3) up. Ending right in supply zone so exited my longs. Will look for a retrace for wave 4 of (3) for next price target!
Amznlong
AMZN Rising Wedge ~ BearishAmazon has formed a bearish rising wedge
I have included some fib spirals predicting tops and .236 as a possible bottom
Looks good for a short!
Learnt impulsive and responsive waves from Kinnari_Prajapati, thankyou.
AMZNLiking amazon here to watch for an entry long. Lot of buying / volume right into a supply zone but it held up today and didn’t reject. Possible small retrace to demand right below but if it can hold here I will be looking for an entry to get long.
I think if it can get over 2030/2040 this can rifle right up to 2100.
AMZN technicaly based forecast
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💡 AMZN technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.7 possible and break of 0.7 FIBO
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AMZN working hard or hardly working?AMZN has proven itself to has bullish features, but is that momentum slowing down? MA's indicate so, for now, momentum can be seen to be slower than the normal rapid bullish movements that are seen. This momentum will resume once MA's decide on a direction whether it be upwards and continuation of this very weak upward trend or breakdown to begin a new respectable move upward. I would either go long on this or short it.
AMZN Bullish trade Setup Look to establish longs on AMZN as this stock is holding up really well despite the market crash
[AMZN:NASDAQ] [March 18 2020] Market analysisHi guys, this is my Market Analysis about AMZN:NASDAQ market.
AMZN Bullish comeback Bearish gold market last week at same Time that media has been talking about the major drop in stock market, something is telling me investors might be coming in to buy big again for a lot of stocks, might also see more downside for gold.
TP and SL have been marked on chart.
The Time to Accumulate and Buy Great Companies is Here
After witnessing the largest drop in S&P 500 in a week since the global financial crisis in 2008, we have seen the prices of many fundamentally good companies tumbling from being overbought such as AMZN. Thus, with AMZN prices falling to its support at 1850 as well as being supported by its long-term trendline, we can expect prices rising back to 2030 then to its all-time high. This provides an excellent for both short-term traders and long term investors to ride a potential rebound to the upside.
AMZN long update Amazon broke my earlier patter as I expected but the market had a huge sell-off today. My chart is showing a great squeeze set up. I think the bulls will buy the dip.
AMZN Pennant PatternSame Author- Different Account
AMZN forming a lovely pennant pattern. Respecting upper and lower bounds of support and resistance. This goes higher. The UpTrend continues. NASDAQ:AMZN
AMZN Long, awaiting large up move Today's big move was met with a lot of choppiness, a lot of firms taking profits, not allowing the stock to move up as much. Showing a pattern of chop before a big move. Still targeting 2200 by the end of the week.
AMZN Breakout Confirmed. Charts below. Same Author, Different Account
Amazon has officially broken out of Symmetrical triangle dating back from 2018. Looking for a move to 2700 over the oncoming months. Definitely taking profits along the way. NASDAQ:AMZN
You can catch the bounce in smaller time frame Price may pullback up to this level where there is a previous support. You can catch the bounce in the smaller time frame like 30Mints.
#Amazon - 30% increase ahead? #amznLooks like there'll be no more Stocks left tomorrow. A 30% rise wouldn't surprise me.
$AMZN MASSIVE Cup With Handle$AMZN forming a huge cup with handle pattern on the weekly and just broke out of its base. Price targett $2300
AMZN | Ascending Triangle + Strong FundamentalPlease support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 2045.68
TP1 - 2225.41
TP2 - 2357.57
TP3 - 2455.36
SL - 1995.46
Reason: Price formed an Ascending Triangle and now trading near Resistance. We have strong fudamental reason for the Resistance to be broken. It's company earnings report, as CNN says "Amazon blew Wall Street's expectations out of the water"
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
AMZN, Amazon.com Inc. - Cup & HandleNASDAQ:AMZN
We are getting closer and closer to the endurance breakout of this splendid Cup & Handle.
Despite the speculations in which we think that sooner or later there is a big retracement in the market, our focus is always on researching the classic patterns of technical analysis, and our study of price action is never influenced by external informations or medias.
We have the backtest that guides us in managing the position, and if we operate outside the parameters we studied, we would not replicate the results we expect.
The key is to be a trader who operates in a totally mechanical, not emotional way.
AMZN with Possible Long Term BreakoutAMZN failed to stay above fairly new established trendline on the short time intervals but refused to break and hold below key resistance levels around 1855-1860. On the larger interval charts price action is respecting trendlines well. In fact, we see what looks a breakout from a triangle on the Daily chart. We also see what looks like a MASSIVE ascending triangle forming on the weekly. (1st resistance hit back in September 2018, 2nd resistance hit back in July 2019, 3rd resistance hit TBD- Estimating a touch between late January and early March). If both triangles do justice, then we should see a breakout from the smaller triangle with a strong upward run to the resistance line of the larger ascending triangle, a slight break above, a retest of this new Resistance-turned Support, then a major unparalleled bullish uptrend for AMZN sending the price shattering the $2000 ceiling. From there onwards, the possibilities of price targets are nearly limitless. AMZN will have numerous tightly packed walls of resistances to break through initially to first make it to 1917 though. Currently looking for a break and hold above 1880 for a run to 1900; a break and hold above 1900 for a run to 1917-1920; then a break and hold above 1920 for a run to somewhere in the ballpark around 1960. Currently confirmation coming from upward trending MAs on the Weekly Chart and a bull flag on the daily. Keeping an eye out for major upcoming catalysts (ex: Earnings report coming up on 1/30/2020). NASDAQ:AMZN
