$AMZN - Can it get to 200DMA?NASDAQ:AMZN broke down from the rising wedge. The full measured move for the breakdown is $113, coincidentally aligning with the 200DMA. Can it reach that level? $121 could provide support and serve as a potential reversal area. 👀by PaperBozz1
AMAZON --- is down over 40%! 2031 Till next ATH?The drawdown visualisation is a great tool to determine the characteristic of previous and current market conditions in whatever asset you are looking it. Here I have drawn up AMZN priced in CPI index units rather than notional US Dollar's. For what purpose do people allocate money to equities... but to grow a nest-egg for the your future. But timing is everything And we can see that AMZN is currently down over 40% priced against goods/services/expenditures Effectively you have gotten 40% poorer (assuming 100% allocation at the top... unlikely I know ,,, but for illustrative purposes still useful to know. .. And the point is how during a bull market, the price doesn't deviate away from the high that much. in 2022 we have already been down 60% are we facing a price reset for risk and stalling market for the rest of the decade. It has happened many times before, so we have to assume the old adage History Rhyming. Shortby BallaJi0
Wyckoff Distribution EventsAfter the SOW (sign of weakness) the Wyckoff Distribution Events goes in its last phase. LPSY—last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest.Shortby ValerianK2
GAP OVERHEADPrice fell from the bearish rising wedge a while back. Earnings toward end of October. Structure that is wedge shape and is forming up, which is against the most current trend which was down. Flags and pennants are neutral until broken and can break up or down. Gap overhead. No recommendationby lauraleaUpdated 1
AMZN BREAKOUT ON THE CHANNELAMZN confirms a bearish breakout on the bullish channel formed. Here we see the price respected the major resistance and followed up a bearish sentiment which has caused the price to show up a breakout on the structure formed. We expect a decent price decline back towards the daily support created on the bottom. Shortby TraderChamp-Pro1
AMZN AnalysisPrice played out nicely from my last analysis, giving us a 10.51% move to the downside, taking all the objectives. Right now, I'm expecting a continuation lower into the bullish OB at 118.60. Price could make a bullish retracement to fill the FVG above if it's unable to break the lows at 123.04, before going lower.by Keeleytwj2
AMAZON Will easily overcome this. Buy now, low prices won't lastAmazon / AMZN has paused the aggressive rally since the start of the year and is testing the 1week MA100 as Support. Being around the 0.618 Fibonacci level, a similar pattern where the 1week MA100 was supporting, emerged in 2007 and 2009. You can see that it is the same sharp recovery formation, which after an aggressive rise, it accumulated on the 1week MA100 and then blasted through to the 1.382 Fibonacci extension. It may not look like it but this price level is a buy opportunity that we might not see again any time soon. The 1.382 Fib is at $260. Late 2024 target perhaps? Follow us, like the idea and leave a comment below!!Longby TheCryptagon1111
AMAZON LONG Amazon has reached a major support region of $80-$84 and looks like it's ready for a possible bounce to $95-$100 region.Longby MannyTmanUpdated 4
AMAZONIt's quite interesting because there's a gap that hasn't been recharged yet!!! In theory, it should recharge, but I don't think it will happen now; we will go down first, and then the recharge might come later. So, be cautious with the entry. Those with less money should wait for the recharge and only then get in."Shortby AmigocsekUpdated 2
AMZN: Sell ideaSell idea on AMZN as you see on the chart because we have the breakout with force the vwap indicator by a big red candle follow by a large red volume.Thanks.Shortby PAZINI192
Amazon to see a selloff?Amazon - 30d expiry - We look to Sell a break of 123.86 (stop at 129.66) Short term bias has turned negative. Short term momentum is bearish. The trend of higher intraday lows has also been broken. 125.92 has been pivotal. Our bespoke support of 126.00 has been clearly broken. A break of the recent low at 124.13 should result in a further move lower. Our profit targets will be 109.86 and 106.86 Resistance: 127.00 / 132.24 / 135.00 Support: 124.13 / 120.00 / 114.00 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupShortby VantageMarkets2
Amazon is an opportunity to buyHello traders. There is a great investment opportunity in Amazon shares. With a downtrend break. And break the ascending triangle pattern. Likewise, breaking the resistance at level 104. These are all factors confirming the strong entry of buyers into this giant stock .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank youLongby inv_market09Updated 181861
AmznLooking for a pop back up to 132 .. Eventually looking for a break below 127 and the next leg down. Stop loss 126.00 It could break over 132 and 135 gap close but for now 132 is the moveLongby ContraryTraderUpdated 3315
AMZN Stock Analysis: 4 Reasons to Doubt the Bullish OutlookAfter the Fed signaled last week that rates may be higher for longer than expected, the US stock market has received a strong bearish boost. And among the most vulnerable assets were technology stocks (considered risky). The NASDAQ index has already fallen by about 6% since last Wednesday (when the FOMC meeting took place). And the negative backdrop from the Fed is one of the 4 issues that give reason to doubt the bullish outlook for AMZN stock. The second reason is that AMZN has fallen 9% in value since last Wednesday. That is, AMZN is falling faster than the overall market. And this problem is not new. Compare the dynamics of the index and Amazon shares on a weekly timeframe and you will see that the shares have been performing weaker than the index since the summer of 2020. That is, the leadership status that was held for many years has been lost. The third reason is that yesterday, it became known that the Federal Trade Commission and 17 states sued Amazon, claiming that its online commerce policies illegally stifle competition. The litigation could put further pressure on the stock price. The fourth reason is volume analysis. The last two spikes in large volumes of trading in AMZN shares on the NASDAQ exchange were recorded on August 4 and September 15. After the first surge, the price stopped growing as part of a bullish trend that has lasted since the beginning of 2023. After the second, it began to decline. Perhaps large players took profits from the rally and reversed positions in anticipation of lower prices? It is also worth noting that the 2023 rally did not reach the level of 50% of the A→B decline, so the level of USD 126 per share of AMZN (providing support in July) may be broken against the backdrop of these problems, opening the way to the psychological mark of 100 USD per share. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen16
$AMZN Can it Break Thru This Area of Resistance?NASDAQ:AMZN I am looking / waiting for Amazon to break above this area of resistance before I get involved. If we get an improving market ( I don't know if we will) then I expect Amazon can head back to recent highs. I have an alert set on that line and if / when it breaks thru I'll start looking at a lower timeframe to determine a good entry and stop area. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.Longby jaxdogUpdated 2
AMZN: Sell ideaSell idea on AMZN as you see on the chart because we have the breakout with force the vwap by a big red candle with a large red volume.Thanks!Shortby PAZINI193
AMZN, Two-Fold Formations, MASSIVE BREAKOUT on Earnings!Hello There! Welcome to my new Stock Market Price Analysis about the AMAZON/ AMZN Stock Price. In my analysis I am analyizing the stock price of AMAZON/ AMZN on a 2-day timeframe perspective. The markets are showing initial recoveries from the massive shocks that hit the economy in the last year with inflation rising to new heights. As the inflation calms down and recession dangers seem to decrease a big questionmark confronts investors on where they should allocate their funds to profit from a possible upswing within the market. Although, this holds true for institutional and retail investors, a bigger chunk of larger price-swings is done by smart money institutional flows. Therefore an appropriate objection is also done when considering where smart money is allocating there funds. In this current situation it has to be explicitly said that not every stock in this market has the ability to rally and to recover from a recession scenario. Therefore, it is utmostly important that sophisticated investors pick the stocks that have a real potential in the market and that should also keep providing strong returns if inflation, recession, stagnation, and a extensive demand gap should rise again. In the past earnings report the AMAZON/ AMZN stock has surprised the markets with a huge increase in earnings by 83.66%. This could be a sign that AMAZON/ AMZN has the potential to complete 2023 with a positive earnings close compared to the really bad year of 2022 where earnings actually closed negatively of -153.34% which also showed up in the real price-action of the actual price of the stock. Reversely, this means that when the company holds on to positive earnings and increase them to close 2023 this will provide a strong fundamental boost that has the potential to convert into actual price-action that can be inclined with the technicals for the stock price-action. Especially, considering how well the stock has done within the corona crisis with retail business moving to new heights compared to other businesses that just hit rock bottom and mass-bancruptcies unfolding all over the place this shows how these dynamics can give the stock a positive fundamental base in the present dynamic from where growth is possible if not other dynamics with considerations of inflation, recession, stagnation, and a extensive demand gap should change in the next times. Considering the technical perspective which is also playing a massive role for the stock there are several really interesting developments here. Firstly, recently with the earnings surprise the stock jumped massively and printed a great green candle pumping over 10%. Furthermore, the stock is forming two main formations here which is firstly the massive broadening-wedge formation that has been almost completed for now and the inverse head-and-shoulder formation in which the stock price-action is now forming the right shoulder of the whole formation moving simultaneously with the broadening-wedge confirmation. The fact that this bounce within the main support cluser marked in orange in my chart supported by the 100-EMA in blue, the 600-EMA in red, the ascending trend-line of the huge channel and the upper-boundary of the broadening-wedge increase the likelihood of a appropriate bounce in this area by almost 100%. With this first confirmation, from the technical perspective this will open the doors for the stock to rally massively and finalize also the second confirmation which will happen with the stock breaking out above the blue neckline of the inverse head-shoulder formation. Thank you everybody for watching. Support for my idea is appreciated and then let´s move on forward together. VPby VincePrinceUpdated 7736
How I Analyze Market Structure - Breakout vs. Rejection Hello all, First post. I wanted to share a valuable insight I use in my trading strategy to evaluate market structure. The only strategy I trade is 1.) a break and hold with volume above/below a key level 2.) bounce at key level 3.) reject at key level Understanding Market Structure: Obviously when we see higher highs accompanied by higher lows, it's a clear sign of an uptrend and vice versa. If the price approaches a key level (in this case AMZN $132) after bouncing from a higher low, I would anticipate a break to hold that level and climb higher. However, that's not what happened here. On the other hand, if the price approaches a key level after forming a recent lower low from the prior pivot, I like to be prepared for a potential rejection. This could indicate a shift in sentiment and see some reversal follow through. Today's price action in NASDAQ:AMZN is a great example of this type of PA. It can be confusing to some traders to differentiate a bounce/rejection from a breakout/breakdown after a level has seen reaction multiple times. If you're unsure on the trend, zoom out. Even if price is trending on, say the 1H, you may see something completely different on the daily. Hopefully this makes sense and can help at least a couple of people. Shortby whaley_trades3
Monitoring the bearish sentiment i'm currently monitoring both the 1hr & 30 min chart. Both charts have the AD/Money Flow showing a double top... also on the 1000R I have the .618 fib near 147.20, previous support could act as future resistances. Im waiting for Fridays action to determine if 147.20 is a short or not. I'm going to share a few charts that i've created. This is not trading or financial advice. Just sharing my Technical Analysis and how I few chartsby moneyflow_traderUpdated 161616
AMAZON: Testing the 1D MA100. Will it hold?AMAZON is on the third straight day where it respects the 1D MA100. Holding this level translates into a rebound base as the long term pattern is a Channel Up. The 1D technical outlook hasn't been lower thought (RSI = 40.739, MACD = -0.760, ADX = 35.289) since December 28th 2022, so the slightest cross below, should extend the downfall under the Channel Up and towards the 1D MA200. The Huge Buy Zone is inside the 0.382 - 0.5 Fibonacci range. Those will be the two buy entries and our target on the medium term is the R1 level (TP = 145.90). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope3314
Amazon.com: 3-Day Rule in Effect?The "3-day rule" is a basic principle that suggests traders should wait for the third day after a drop to consider entering a stock. That concept may now apply to e-commerce giant Amazon.com. The first pattern on today’s chart is the gap lower on Thursday, one session after the Federal Reserve hammered sentiment with its "higher for longer" message. Notice how AMZN has managed to hold its ground since, despite the broader market edging lower. Second, the stock is trying to stabilize near the bottom of the Keltner Channel and the 100-day simple moving average (SMA). Next, stochastics have dipped to an oversold condition. Finally, consider the price action around $128. AMZN peaked there in early June. It broke out (on above-average volume) in the second half of the month and bounced there in July and early August. Friday’s low was $0.52 above that level, which could mean support is holding. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation2211
AMZN; BREAKOUT Of Massive MEGAPHONE-PATTERN, Indication Forward!Hello There! Welcome to my new analysis about the AMAZON STOCK on the 2-day timeframe perspective. The stock market in the recent times is sending highly mixed signals with bullish as well as bearish stocks in the market and stocks which did not decided upon a direction yet. What is important in such trading phases is to pick the stocks that have clear potentials and where considerations about a trade can lead to a profitable outcome with a high possibility, at the end trading is all about possibilities rather than moving blindly into the market. In this case I have detected major preliminary signs within the AMAZON STOCK which deliver the base for a considerable outcome with an wave-expansion upcoming. When considering my chart we can watch there how the AMAZON STOCK recently formed a highly decisive breakout, this breakout has been a breakout out of this huge bull-flag magephone-pattern and such a pattern is a pattern that is building the foundation for a strong continuation to show up with a high possiblity. Furthermore, the price-action is now trading above several support-level which consist of the 100-MA in black, the 50-MA in orange, the upper-boundary of the pattern, and the horizontal support-level above the 105 zone. All these supports holding the price-action to the upside giving the price-action a major tailwind for further expansions to show up in the next terms. With the global picture adding to the local one the price-action is also forming this massive sin-wave in which the tops exactly match the bottom with touching the sin-wave forming the main waves A and B that are already finished. Now the stock is forming the third wave C with the coherent target-zones in the top of the sin-wave to be touched once the price-action reaches out to the level. Also the top of the sin-wave target-zone is matching with the megaphone-pattern target-zone and the local wave-expansion. If fresh liquidity moves into the market it provides also a fundamental base as the stock has not yet left the list of the large-cap stocks within the market. Overall the signs are pointing to the target-zones to be reached, what happens after this needs to be considered also when adding the overall macroeconomic conditions to the evaluation. Thank you everybody for watching. It will be great when you support my idea and we move on forward together. “The only way to discover the limits of the possible is to go beyond them into the impossible.” VPby VincePrinceUpdated 9937
Amazon - Long PositionEntry Point: Our analysis suggests that a compelling entry point for Amazon's stock would be when its value tests the established trend line. This approach aligns with the concept of buying when the price is in close proximity to a confirmed trend line, indicating potential support and a possible reversal or continuation of the prevailing trend. Stop Loss (SL): To manage risk effectively, we recommend setting a Stop Loss (SL) level at 2 percent below the entry point. This provides a safety net to limit potential losses in case the market moves against our trade. By capping the downside risk, this strategy aims to safeguard your investment. Take Profit (TP): To maintain a balanced risk-reward ratio, our analysis suggests setting a Take Profit (TP) level at 2 percent above the entry point. This represents the potential reward you could capture if the trade unfolds in your favor. By targeting this percentage, you ensure that your potential gains outweigh the potential losses, promoting a favorable risk-reward profile.Longby ahmedlara2782