AMZNCL trade ideas
Amazon ($AMZN) – Breakdown Signals Deeper Correction Ahead?NASDAQ:AMZN
The stock broke key support at $216.20, confirming the potential for a deeper correction. This move follows the completion of a Bearish Shark pattern at $227.76, reinforced by a strong bearish divergence that has been unfolding since late June 2023.
🔹 Bearish Scenario – Fibonacci Targets Below:
The Bearish Shark pattern has a default target below $180.91, with a key focus on the 50% retracement level at $161.97 , marking a potential -27% correction from recent highs.
🔹 Key Levels to Watch:
📉 Support: $216.20 (broken), $180.91, $161.97 (50% retracement and 5-0 bullish sequence)
📈 Resistance: $242.52
💡 As long as $216.20 remains broken , bearish momentum should dominate. We should watch for a reaction near $154.53, if reached, where a 5-0 pattern could potentially emerge, signaling a technical bounce. Until then, price remains under pressure.
Happy Trading,
André Cardoso
💡 Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
MORE BEARISH CALLSWhy Amazon Is Going Down?
While Amazon.com, Inc. posted solid revenue of $187.79 billion, its Q1 2025 sales forecast of $151 billion to $155.5 billion fell short of Wall Street’s $158.5 billion expectation. Add in concerns over a $100 billion 2025 spending plan…for AWS and AI $83 billion in 2024—and a $2.1 billion foreign exchange headwind, and you’ve got a recipe for market unease. Analysts on Nasdaq note this volatility, alongside competition from Microsoft and Alphabet, has sparked bearish sentiment, even as the company’s market cap holds strong at $2.23 trillion.
MORE SELLS can be taken below the neckline once it breaks out. those looking for buys .wait for it to fall to support
AMZN Disappointing Earnings? Looks like the Market did not like the earnings. How far will the pull back go? AMZN has been in a rising wedge on a 24hr chart, can it hold or has the market already determined its fate. $231 seems to be the important level to watch. If it continues to flush i will be targeting $208 area and a max down to $185 area.
Amazon (AMZN) Scalping & Mid-Term Analysis🔥 Market Overview
Trend: Strong Bearish 📉
Resistance: $208.50 → EMA 9, acting as short-term resistance
Support: $205.00 → Local demand zone
Indicators:
MACD: Bearish with no reversal signal
RSI: 22.63 (Oversold) – high chance of a short-term bounce
VWAP: Below average, selling pressure dominates
🩸 Risk: Wells Fargo lowered price target to $203 → Bearish pressure
🔥 Scalping Strategy (5x Leverage)
🩸 Momentum Scalping:
Buy: Near $205.50–$206.00, targeting $208.00 (+1.2%)
Sell: Near $208.00–$209.50, targeting $205.50 (-1.3%)
Stop-loss: Below $204.50
🩸 Breakout Scalping:
Above $210.00: Long to $214.00 (+1.9%)
Below $205.00: Short to $203.00 (-0.9%)
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bullish above $212: Potential recovery to $220+
Bearish below $205: Possible slide to $200
🔥 News & Market Context
🩸 Wells Fargo lowered price target to $203 → Negative sentiment
🩸 AMZN is in an oversold zone but lacks a strong catalyst for reversal
🔥 Decision:
🩸 Short-term: Scalp long near $205.50, sell at $208.00+
🩸 Mid-term: Watch for a $205 breakdown before major moves
🩸 Ideal Play: Short bounces cautiously, confirm reversal before longs
👑 Final Verdict:
"The market rewards the patient and punishes the impulsive." – LucanInvestor
Elliott Wave View: Amazon (AMZN) in Support ZoneShort Term Elliott Wave View in Amazon suggests the stock has reached support zone from 5 February 2025 high in 3 waves. Down from there, wave (A) ended at 221.77. Rally in wave (B) ended at 234.81. Wave (C) lower is in progress with subdivision as a 5 waves impulse. Down from wave (B), wave 1 ended at 228.06 and wave 2 rally ended at 233.92. The stock extended lower in wave 3. Down from wave 2, wave ((i)) ended at 221.81.
Rally in wave ((ii)) ended at 224.06. Stock resumed lower in wave ((iii)) towards 214.74 and wave ((iv)) rally ended at 218.35. Final leg wave ((v)) lower ended at 212 which completed wave 3. Rally in wave 4 is in progress to correct cycle from 11 February 2025 high before it resumes lower. Near term, as far as pivot at 234.89 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside in wave 5 of (C). Pair has currently reached 100% – 161.8% Fibonacci extension from 5 February 2025. This support area is at 200.6 – 213.6 where wave (C) is expected to end and the stock can at least turn higher in 3 waves.
Mag 7 performance for 2023 and 202488% for 2023 and 53% for 2024
Holding the magnificent 7 in 2023 was better than The Turtles' average of 80% back in the day.
AMZN 24 hr potterboxesAMZN Amazon 24 hr potterboxes it looks like amazon has broke thru the floor of the top box and thru the roof of the lower box. its still above the 200 day moving average, so theres that. there is some resistance to the left but it looks like the next stop is $211.01 ish. or it could go lower to the $205.54 ish area which is the 50 percent line or cost basis. until it finds a nice stopping point. well just keep a eye on it. Happy trading.
Amzn still a no buy for meAmazon still under selling pressure. Give it some time before going long. Trade the charts.
$AMZN #AMZN Possible path $MAZN #AMZN we could possibly see this in 190-195..ish area .... check it out
AMZN to snap back
Hi
I am very encouraged by my PLTR trade idea to test 116, 121 in my previous post. They certainly do respect the Fib Extension levels.
This time, I am applying Fib Retracement to AMZN, which I think will bounce back to 0.28 (222) , 0.38 (226) and even 0.5 (229) , from it current levels of 216.
Secondly if you observe the daily charts, everytime RSI dips below 30, it's a buying opportunity.
(Do note: there are a couple of times when RSI double dipped to present a buying opportunity.)
All the best!!!!
AMZN Potential Buy EntryInitiate a market buy order for AMZN with a target entry range between $208 and $215. The strategy involves buying at the prevailing market price to take advantage of current price action within this range.
Disclaimer: This content is provided for informational purposes only and does not constitute financial advice. Always perform your own research and consider consulting with a qualified financial advisor before making any investment decisions.
Amazon Consolidating on Support to $365Amazon checked back into support today. If you want it, this is the area to buy it. Target $365.
Nasdaq Industrial also checked support today, so pretty likely AMZN will hold and rise along with INDS.
Good luck!
AMAZON Excellent buy opportunity for a new ATH.Last time we looked at Amazon Inc. (AMZN) was three months ago (November 13 2024, see chart below), giving a pull-back buy signal:
The price action couldn't have followed this more accurately as after a short-term pull-back, the stock hit our $240.00 Target at the end of January.
Since then the price started to pull-back again to a point where this week it broke below its 1D MA50 (blue trend-line) for the first time since September 11 2024. With the 1D RSI on the 40.00 mark, this pull-back resembles the April 25 2024 Low, made near the 0.5 Fibonacci retracement level.
We expect a similar medium-term rebound to start towards the 1.236 Fibonacci extension. Our Target is marginally below it at $252.50.
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AMZN 2-21🔥 Market Overview:
Trend: Bearish; consistent lower highs and lower lows.
Key Levels:
Resistance: $225.50, $228.00.
Support: $222.00, $219.50.
Indicators:
MACD: Weak bullish crossover, suggesting a potential short-term bounce.
RSI: 57.61, neutral but approaching overbought conditions.
Supertrend: Bearish, confirming downward pressure.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping
Buy near: $222.50, targeting $225.00 (+1.1%).
Sell near: $225.50, targeting $223.50 (-0.9%).
Stop-loss: Below $221.50.
🩸 2. EMA Pullback Scalping
Buy near: $222.50 (EMA 9), targeting $224.50 (+0.9%).
Sell near: $225.50, targeting $222.50 (-1.3%).
Stop-loss: Below $221.00.
🩸 3. Breakout Scalping
If $225.50 breaks, enter long toward $228.00 (+1.1%).
If $222.00 fails, short toward $219.50 (-1.1%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price holds above $222.00, expect a short-term bounce toward $228.00.
If it breaks below $219.50, bearish continuation is likely.
The downtrend remains intact until a higher low is formed.
🔥 News & Market Context:
Amazon continues trading in a downtrend, showing signs of a potential short-term reversal.
Broader market weakness is pressuring tech stocks.
No major catalysts, meaning technical levels dominate trading action.
🔥 Decision:
🩸 Short-term: Scalping between $222–$225.50 is the best strategy.
🩸 Mid-term: Bearish unless $225.50 is reclaimed.
🩸 Ideal Play: Trade with tight stops; avoid chasing moves.
👑 Final Verdict:
Weak hands panic. Strong hands execute with precision.
🔥 LucanInvestor:
"Control risk, master the trade. Everything else is noise."
AMZN Short and Long. High Time Frame. I would consider a short in the top box if we start to breakdown. I will be longing the bottom box when we get there and would hold for all time highs.
Trend is up which is why the short should only be entered if we are breaking down from this zone.
Amazon in now Net-Short on the Regression BreakAmazon has broken the uptrend - many of the other Mag-7 are also on a short footing.
I am considering this trade but I am not sure it is the best option at the moment
Amazon is about seem summer growth shoots againWhy? Because my crystal TA balls say so.
Seriously though, here is my reasoning, given the indicator momentum
Price Action & Trend Analysis
• The stock is currently at $222.42, down -1.86%.
• The price recently broke down from a local high near $244 and is in a downtrend.
• Break of Structure (BoS) and Change of Character (CHoCH) labels indicate trend shifts.
• A weak resistance zone around $244 suggests prior buying exhaustion.
• A demand/support zone appears near $218, with previous price reactions in this range.
Momentum Indicators (Lower Panel)
• The stochastic-based oscillator in the lower panel shows oversold conditions (~below 20 level).
• Previous rebounds occurred at similar oversold levels, suggesting a potential bounce.
• Multiple purple downward arrows (sell pressure) have recently printed, aligning with declining momentum.
Short-Term Outlook (Next Few Days)
• Bullish Case: If support at $218-$220 holds, a relief bounce could push prices towards $226-$230 (~50% retracement of the drop).
• Bearish Case: A break below $218 could accelerate downside momentum towards $210-$212.
Now - let’s talk Probabilities:
• Bounce towards $226-$230: ~60% if support holds. This is the more prevailing wind in my view.
• Further drop to $210-$212: ~40% if selling is strong.
Summary & Trading Plan
• Short-term traders: Watch $218-$220 support for a bounce trade to $226-$230.
• Swing traders: A breakout above $230 strengthens a bullish case towards $240+.
• Risk Management: A clear break below $218 suggests a potential breakdown towards $210-$212.
To 300 we goBuckle up we are moving fast. 3T lets go. and thats not even that much. Amazon will go to 20T with nuclear energy, aws bedrock renting of h100s, prime expansions into europe asia and africa.
Put Option setup for AMZN Open range breakout for the 15 min orb probably looking for at 80-100% return
AMZN shortsI had posted this trade idea last week and now its almost at TP. Bearish OF and we can see clear rejection from H4 SIBI and then price just trended lower to take out that wick from earnings.
Amazon scalping + forecast (2-19)🔥 Market Overview:
Trend: Short-term bearish; long-term consolidation after an uptrend.
Key Levels:
Resistance: $230.46 (EMA 200), $232.50.
Support: $225.50 (EMA 9), $223.00.
Indicators:
MACD: Weak bullish crossover, but still below zero—momentum is not strong.
RSI: 56.46, showing slight bullish divergence.
Supertrend: Bearish zone, confirming downward momentum.
🔥 Scalping Strategy:
🩸 1. Breakout Scalping
Buy near: $226.50, targeting $229.00.
Sell near: $230.00, targeting $225.00.
Stop-loss: Below $224.50.
🩸 2. EMA Pullback Scalping
Buy near: $225.50 (EMA 9), targeting $228.50.
Sell near: $230.50 (EMA 200), targeting $227.00.
Stop-loss: Below $224.00.
🩸 3. Range Scalping
If price stays between $225.50 and $230.00, trade bounces off support/resistance.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If $230.50 breaks, expect a run toward $235+.
If $225.50 fails, expect a drop to $220.
Sideways movement likely unless a strong breakout occurs.
🔥 News & Market Context:
No major earnings or macro events—price action is technical.
Overall market sentiment remains neutral-to-bearish.
🔥 Decision:
🩸 Short-term: Scalping opportunities exist in the $225–$230 range.
🩸 Mid-term: Watch for a breakout confirmation.
🩸 Ideal Play: Trade within the range; wait for strong confirmation for a swing move.
👑 Final Verdict:
Discipline wins the game. Weak traders chase, strong traders position. If the price confirms direction, enter with confidence—otherwise, patience is power.
🔥 LucanInvestor’s :
"Markets don’t reward hesitation. Make your move or step aside—there is no middle ground."
