AMAZON EXPANDSThe national football league and amazon web services recently announced an extension of their long -term partnership. SINCE 2017, the NFL and AWS have been at the forefront of innovation, leveraging AWS'S artificial intelligence and machine learning services to shape the future of the football. Amazon FRESH has also introduced new grocery savings for its prime members shopping in store and online at amazon fresh: a new private label brand that offers great value for all their customers." We are always looking to make grocery shopping easier, faster and more affordable" said CLAIRE PETERS, the vice president of AMAZON FRESH worldwide. Besides the good news of this stock we can see it has formed a w pattern signalling a buy and will continue to buy. GOOD LUCK
AMZN trade ideas
Amazon - Breaking Trade 12/4/2024There was a great breakout trade opportunity on Amazon's stock, enhanced by a refined entry strategy. The red zone highlights a key resistance level where the price struggled to break through. Eventually, a breakout occurred with a strong bullish candlestick, confirming buyers' strength. However, instead of entering immediately at the breakout, the ideal entry point would be on the pullback to the red zone.
After the breakout, the price retraced back to the resistance zone, which then acted as support. Notice how the price tested this zone but failed to close below it, indicating that buyers remained in control. The optimal entry would occur when the price breaks above the high of the retracement candle, confirming the continuation of the bullish move.
This approach allows for a more precise entry, reduces risk by setting a stop-loss below the support zone, and offers a better reward-to-risk ratio as the trend resumes upward. It’s a textbook example of a breakout-retest setup with confirmation.
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AMZN Breakout or Pullback? Strategy & Key Levels to WatchAMZN has been trading within an ascending channel, displaying bullish momentum on the hourly chart. With price nearing resistance and volume showing signs of strength, here's how you can plan your trades.
1️⃣ Price Action & Chart Analysis
* Trend Channel: AMZN continues to respect a rising channel, indicating a bullish short-term structure.
* Key Levels:
* Immediate Resistance: $214.02
* Support: $209.65 and $208.74
The $213–$214 zone remains critical; a breakout could push AMZN higher, while rejection may lead to a pullback.
2️⃣ Liquidity Zones & Order Blocks
* Liquidity Zone: $213–$214, where significant seller activity might emerge.
* Order Block: The demand zone near $208.74 aligns with previous consolidation and buying interest.
3️⃣ Scalping Strategy
For short-term intraday trades:
* Entry (Breakout): Look for a breakout above $214 with increased volume. Target $216–$217 for quick gains.
* Stop-Loss: Below $213 to limit risk.
* Alternative Play: If price pulls back, enter near $209 with confirmation of support holding.
4️⃣ Swing Trade Strategy
For longer-term setups:
* Entry Option 1: Buy on a confirmed breakout above $214.
* Entry Option 2: Wait for a pullback to $209–$208 for better risk-reward.
* Targets:
* Initial Target: $217
* Extended Target: $220
* Stop-Loss: Below $207 to manage downside risk.
5️⃣ Momentum & Indicators
* MACD: Bullish crossover on the hourly chart, signaling upward momentum.
* Volume: Increasing near the resistance zone, indicating potential for a breakout.
Game Plan for Tomorrow
* Scenario 1: A breakout above $214 targets $216–$217; wait for confirmation before entering.
* Scenario 2: A rejection at $214 might lead to a pullback; monitor $209 as a strong support level for re-entry opportunities.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own research and trade responsibly.
Amazon Ignites: 150% Blaze Ahead?The stock has been in consolidation since August 2020, forming an Inverted Head & Shoulder pattern. Recently, it broke out above the neckline and is attempting to sustain above the 200 level.
Currently trading at 210, the stock has the potential to surge to 500 levels in the next few years. However, the breakout lacks strong confirmation, as a significant bullish candle with volume expansion is absent.
A crucial factor to watch is a monthly close above 200. This will help determine the stock's future trajectory and guide our trading and investment decisions.
AMAZON STOCK TO RALLY DURING THANKSGIVING SEASON! Given Amazon's robust performance in the third quarter of fiscal year 2024, with a notable increase in revenue and same-store sales, we anticipate a strong holiday shopping season. The company's raised sales forecast for the fiscal year, projecting a 4.8% to 5.1% increase, further supports this positive outlook. Amazon's emphasis on value and convenience, including enhanced e-commerce capabilities, is expected to attract significant value-seeking shoppers during the Thanksgiving period. With a history of strong holiday sales and positive consumer sentiment, Amazon's stock is well-positioned to rally during the Thanksgiving season!!
AMZN – Climbing the Channel: Breakout or Reversal in Sight? AMZN has been trading within an ascending channel, showing consistent bullish momentum while approaching a critical resistance zone. This analysis outlines key levels, price action insights, and actionable trade setups for scalping and swing trades.
Market Structure & Price Action:
* Recent Trend: AMZN is trading in a clear ascending channel, with the current price testing the upper boundary near $208.
* Liquidity Zones:
* Buyers have shown strength near $205, forming a key demand zone.
* Sellers are active between $208.50 and $210, creating a supply zone.
* Volume Profile: Steady volume during the climb confirms buyer interest, but volume tapering near resistance may signal caution.
Key Levels:
1. Resistance Zones:
* $208.50–$210: Immediate resistance at the channel's upper boundary.
* $215: Next psychological resistance and prior swing high.
2. Support Zones:
* $205: Immediate support within the channel.
* $198–$200: Key demand zone and lower boundary of the channel.
Indicators:
* MACD (1-hour): Bullish crossover supports upward momentum, but the histogram shows potential weakening, signaling a possible consolidation.
* Volume: Watch for a volume spike to confirm a breakout above $210.
Trade Ideas:
1. Scalping Setup:
* Entry (Long): Above $208.50 with confirmation (bullish candles and increased volume).
* Target: $210–$212.
* Stop-Loss: Below $207.
* Short Setup: If rejected at $208.50, short below $207 targeting $205, with a stop above $209.
2. Swing Trading Setup:
* Bullish Case:
* Entry: On a breakout above $210.
* Target 1: $215.
* Target 2: $220.
* Stop-Loss: Below $208.
* Bearish Case:
* Entry: Short below $205.
* Target 1: $200.
* Target 2: $198.
* Stop-Loss: Above $206.
Game Plan for the Week:
1. Monitor price action around $208.50–$210 for signs of a breakout or rejection.
2. Use lower timeframes (5-min, 15-min) to refine scalping entries.
3. A breakout above $210 could signal strong bullish momentum toward $215, while failure to hold $205 may lead to a retest of $200.
Thoughts & Outlook: Amazon’s current trajectory within the ascending channel indicates strong bullish sentiment, but the stock faces significant resistance at $210. Traders should watch volume and momentum for confirmation before entering trades. A breakout could lead to a strong upward move, while a pullback would present opportunities near lower support levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and trade responsibly. Trading involves risk.
11/22/2024 - Here is a new SELL breakout chosen mechanically:This trade is hard to believe because I just can't see Amazon ever being a good idea to short but it came up on my scans so:
11/22/2024 - Here is a new SELL breakout chosen mechanically:
Stop Loss @ $214.10
Entry SELL @ $197.12 or less
Target Profit @ $171.27
AMZN_1W_Buyhello
Amazon symbol and stock analysis in daily and weekly and long-term time frames The market is in an upward trend and the trading position of buying is suitable for the investor, which can bring 100% profit for the investor in the long run. Important support number 188.00 The targets are 257.00 and 366.00 respectively.
BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON!BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON! NASDAQ:AMZN
- HIGHFIVESETUP still intact
- Creating Support on Wr%
- Retesting Ascending triangle and CupnHandle breakout
- Measure move on both is to $300+
- Cheap on a DFCF model
Have you been buying more Amazon?
NFA
AMZN on the Move: Breakout or Reversal? | Nov. 27, 2024Introduction
Amazon (AMZN) has been showing notable price action, consolidating above key levels while forming a potentially bullish structure. For traders, this is a critical time to determine whether AMZN will sustain its momentum or face resistance. Let’s break down the technicals and create a clear game plan for scalping and swing trading. For a deeper dive, check out our latest podcast episode here: Market Outlook Briefing.
Technical Analysis & Trading Plan
1. Market Structure & Price Action
AMZN is trading near $208, breaking out of a consolidation zone and forming higher lows since the $195 level. The recent uptrend aligns with a bullish channel, suggesting a continuation if buyers maintain control. However, the price is approaching a key resistance zone where traders should remain cautious.
* Immediate Support Levels:
* $205.35: A key level that has acted as a pivot during this rally.
* $202.02: Strong support and a liquidity zone; failure to hold could signal a pullback.
* $196.70: The base of the recent trend; a critical level for bulls.
* Resistance Levels:
* $208.50-$210: Immediate resistance with heavy supply, marking the upper boundary of the trend channel.
* $215.99: Next significant resistance; a breakout above this could signal a move to test $220.
2. Liquidity Zones & Order Blocks
* Liquidity Zone at $205.35-$202.02: Watch for institutional buying in this range. Buyers stepping in here could fuel the next leg up.
* Order Block at $196-$198: This area saw significant accumulation. If revisited, expect strong support for long setups.
Trading Setups
Scalping Strategy
1. Bullish Breakout Play:
* Entry: Above $208.50 with confirmation from volume.
* Target: $210-$212.
* Stop-loss: Below $207.50.
2. Rejection Play:
* Entry: Short below $207 if resistance holds.
* Target: $205.35-$202.
* Stop-loss: Above $208.50.
Swing Trading Strategy
1. Bullish Swing:
* Entry: Near $205-$202 for a low-risk setup.
* Target 1: $210, Target 2: $215.99.
* Stop-loss: Below $200.
2. Bearish Swing (Risk-Managed):
* Entry: If price breaks below $202, consider a short position.
* Target: $196-$198.
* Stop-loss: Above $204.
Trader Sentiment & Volume Insights
Trader Sentiment:
* Bullish Sentiment: Retail traders and institutions seem confident after AMZN’s recent upward breakout. Buyers dominate above $205.
* Cautious Bears: Traders are waiting for potential rejection near $210, which aligns with a significant liquidity trap for buyers chasing late entries.
Volume Analysis:
* Increasing volume near $205-$208 supports bullish continuation. However, tapering volume near $208.50 could indicate weakening momentum unless buyers step in.
Prediction of Market Direction
1. Bullish Case:
If AMZN breaks above $210, expect a strong rally toward $215.99 and possibly $220. Higher lows and the bullish channel support this outlook.
2. Bearish Case:
A failure to hold $205.35-$202 may lead to a pullback toward the $196-$198 liquidity zone. Monitor volume for confirmation.
Game Plan Summary
For Scalpers:
* Look for quick plays near $208-$210 with volume confirmation.
* Stay disciplined with tight stop-losses to manage risk.
For Swing Traders:
* Focus on entries near support zones ($202-$205) or post-breakout ($210).
* Patience is key—wait for pullbacks to ensure favorable risk-reward setups.
Conclusion
Amazon is at a crucial juncture, offering opportunities for both bullish and bearish setups. Scalpers can capitalize on intraday volatility, while swing traders should focus on the broader trend and key levels. Stay disciplined, use volume as a guide, and adjust based on market conditions.
AMAZON Trend Stream Strat BUYScenario Analysis:
Update: 11/26/2024
Market incline by 3.0% -TP1 / 3.2% -Tp2 then retraces to low area @ 210.46
Market inclines 3.2% then inclines 1.1% / 1.4% - 217.5 area due to increased volatility and sentiment of crowd market could continue to tp 3 due to situation of the push.
Market incline 3.2% then decline 1.1% / 1.4% - 211.5 area
News & Events:
Update: 11/26/2024
Amazon outperforming market competition
resources match SEIIV4L studio's economic data
Trump new tech tariffs
Structure:
Strong solid green candles
wicks small, trend unexpected to fall for reversals TA/TC & ECN wise
MacD Crossing 50/50 area idicates higher volatility on both buying sides
Strong bullish volatility price action jump getting wilder
Objective & Targets:
Update: 11/26/2024
Market incline by 3.0% -TP1 / 3.2% -Tp2 then retraces to low area @ 210.46
Amazon.com: New Low Above Old High?Amazon.com jumped to a new record high two weeks ago. Now some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the September high of $195.37. AMZN jumped above that level on November 1 after earnings and revenue beat estimates. It was tested the following Monday before prices rallied to new highs. The stock pulled back and held above the level again last week. Has new support been established above old resistance?
Next, stochastics have dipped to an oversold condition.
Third, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may suggest the short-term trend is still pointing higher.
Finally, some traders may look for the November 15 price gap to be filled.
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LONG AMZN @ 197.12 because at 728-0, how could I not?I went long on NASDAQ:AMZN because it is oversold and is one of the stocks I have backtested my system on all the way back to its first day as a publicly traded company. AMZN has literally never failed to follow through with a profitable trade after being labeled oversold by my system. I can't ignore AMZN ever because of that.
It isn't always a smooth ride, but it's a dependable and profitable one (although not as profitable as you might expect). But I like trading stocks with a fully known history with my system and I have full faith that AMZN will turn a profit again.
Besides, it is in the middle of a LONG, strong uptrend. This recent pullback has support and looks like a typical pullback like so many others it has had while on this run. Obviously it could be worse than that, but it isn't worse than the dot com bubble bursting or the financial crisis/Great Recession and trades in it would have made money then.
So I will keep buying as long as it is oversold until the entire position is closed, just like last time I posted about AMZN. I will be closing lots as soon as they become profitable, so this could all be over on Monday, potentially/hopefully.
An average win is about 2.7% and while the average trade length is 15 days, that's skewed by a few REALLY long trades. 80% of the trades closed in 5 or fewer trading days and 54% of the 728 trades closed in one day profitably.
My goal here is between 1-1.5% and hopefully 3 days or less.