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Amznlong

AMZN Bullish potential after the 2ed stimulus plan. When the 1st stimulus plan was approved, AMZN price was almost 1900 and raised to 3536 during five months which almost 85%. Led to high profit exceeded the estimation two times. The same scenario could happen again after the 2ed stimulus plan has been approved, but the expectation for the price would be divided by 2 according to the value of the 2ed stimulus plan which is half of the first one. technically, AMZN formed symmetric triangle after a strong bullish trend, which creates a potential for a new uptrend wave. the price target calculation will consider the value of the 2ed stimulus plan, so the target price will be 4441$ based on 42% ( the first accending rate multiply by 50%). The best point to enter is when the price penetrates the triangle from the upper side and must be supported with a high volume. NASDAQ:AMZN
NASDAQ:AMZNLong
by ObyZaim
BTC 1M vs AMAZON 2W fractalCandle 1 : just before breakout, when we re-reach ATH. Candle 2 : BREAKOUT. Then, Pullback. Was a 25% pull in Amazon's case. If we go 22.6-23k (fibs and bull flag pole telling that), we would pullback to 17k after. Fundamentaly, its amazing how much BTC and Amazon have the same vibe, the same mission : disrupting a major business model. And they are LEADERS in their field. And its really what we should lean to : wich stock/crypto will disrupt its industry panel. Tesla - cars AirBNB - hotels Uber - taxi And so on.
NASDAQ:AMZNLong
by The_Father_of_Crypto
1
AMZN Trade Idea (updated)AMZN has been moving sideways for monthssss! MMs are just banking on premiums, and as we have seen this week it was bought up very quickly when spy was falling, but was also lagging when spy was going up. I'm still extremely bullish on AMZN . And the reason is for a stock to get that much price upgrades, news, deals, revenue, holiday season sales and still not react this means that big money is waiting for one specific thing to happen and they'll pump it to the moon! Might be stock split? BIGC buyout? who knows! But what i'm sure of is that amzn is still growing and the longer the coiling the more explosive the move is! But according to the order flow sweeps and elliot wave , AMZN will rally to 3800ish by dec/jan. What i'd recommend doing is playing multiple spreads instead of calls to avoid theta decay. Play multiple spreads with different exps where one could be for all the others and let theta be on your side. Worst case scenario: AMZN rejects 3400 Best case scenario:3800+ by mid jan
NASDAQ:AMZNLong
by OBaderr
4
AMZN Amazon Bearish Signals on Bullish Fundamentals In the Q4 institutional buys were 124B compared with 7.69Bil sells. On 10/30/2020 JPMorgan Chase & Co. Boosted Price the Target price from $4,050.00 to $4,100.00 The Pharmacy business will be a long term growth catalyst for Amazon. Their cloud service is growing too. The Holyday sales will most likely surpass the last year`s. The indicators are still bearish, i won`t buy yet, but wait for a breakout. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:AMZN
by TopgOptions