Amzn .. Fork in the roadPrice has been bouncing between fib resistance at 147.69 and trendline support for 2 weeks.. This week will be the make or break week for Amzn.. Long with a close over 148 with volume Short with a close below 143 with volume Anything in between is chopby ContraryTrader17
Amzn Idea 10/12/2023For records. No Positions Take entry at the gap, stop loss 118Longby KraspyUpdated 1
Elon Musk’s X Explores Amazon PartnershipIn the ever-evolving landscape of social media, Elon Musk’s platform, X, faces a pivotal moment. Recent discussions reveal a potential collaboration with Amazon, a move that could reshape the platform’s advertising dynamics. Meanwhile, as advertisers depart in the wake of controversies, X seeks strategic alliances to revamp its image and attract a new wave of businesses. X In Talks With Amazon Elon Musk’s social media platform, X, is in early discussions with Amazon to integrate the platform into the e-commerce giant’s ad-buying software. The primary objective of the partnership is to empower small businesses to showcase their products directly on X, tapping into Amazon’s expansive user base. Notably, as X engineers strive to enhance the ad platform, the focus remains on refining direct response ads, crucial for luring small business advertisers akin to industry giants like Meta Platforms, formerly known as Facebook. According to a WSJ report, the deal, if finalized, could attract numerous small and midsize businesses on the e-commerce giant’s platform, ranging from office supplies to home goods. However, the report also suggested that the discussions are in the early stages and may not result in a final agreement. Meanwhile, X CEO Linda Yaccarino is leading the charge to diversify the advertiser base. In addition, talks with other ad platforms, including Google and PubMatic, underscore the platform’s commitment to exploring new avenues. Notably, a deal with Google earlier this year marked a significant step forward. The Social Media Platform’s Shift in Advertiser Landscape Elon Musk’s foray into the social media realm, marked by the acquisition of X in 2022, has triggered a seismic shift in its advertiser landscape. The departure of major brands like Apple, IBM, and others, prompted by controversies and brand safety concerns, has paved the way for a surge in small and medium-sized businesses seeking advertising opportunities on the platform. Meanwhile, X’s adaptation strategy involves honing performance ad products tailored to its new target audience. Aiming to compete with industry giants like Meta and Google, X faces an uphill battle, with challenges ranging from content moderation to proving ad effectiveness. Talks with potential partners like Amazon signify a strategic move, requiring assurances regarding content policies to assuage the concerns of advertisers. As X ventures into uncharted territory, the outcome of these discussions holds the key to its resurgence in the competitive social media landscape.Longby DEXWireNews1117
AMZN: First week of December And finally, AMZN! Price targets in the chart. Unlikely to move to The third high target or third low target this week. Likely will see a continuation of consolidation and perhaps a move to PH1 and/or PL2. Wait for a break of one of the conditions and hold. Safe trades!by SteverstevesUpdated 1113
Base before liftoffPrice on NASDAQ:AMZN has created a base at this $144-$147 area which is also our neckline for our daily/weekly inverted Head and Shoulders. All previous touches to this area (Left shoulder, head) have resulted in an immediate sell off showing this to be a strong resistance and previous support during 20'-22' covid era. Bias: Long Why: Consolidation on the end of the right shoulder of a HTF Inverted H/S. I speculate that this could be the bottom for 2024 and possibly reach ATH in the long term. In the short term we can see a clear rising wedge with a close buy signal on the MACD and RSI at its mid base, giving us room to move higher. Break of structure of this wedge and i predict we see $150-$152 in the next 2 weeks. Thoughts? Pure speculation. Trade responsibly. Longby ThornhillHQ1
Amazon TA -Swing Idea - Going up?hey guys its amir whats up? so NASDAQ:AMZN first of all its not a secret that amazon its an absolute monster company, one of the strongest of them all. So lets analyze: - Amazon just touched a support trendline since 2018 acts as support and got bounced (also daily time frame closed hammer candlestick, ill see later how I upload to this idea more updates in different time frames) - price touched fib 0.328 which perfectly sits on the trendline and bounced from there. - 50 MA getting a bullish shape (not strong yet but still attempting to go bullish) and 200 ma shows a fight between bulls and bears but still the bulls are dominating. - we see that we are getting buying pressure (bottom indicator marked by arrows and circles) - I see that the volume in the about 6 months is actually very controlled and stable which is pretty good I mean you dont want huge spikes and flip flops keep it stable all the way the better. Since April 22 you can see in the volume that the bears were in control, watch at all the red bars and watch the drop of the stock in that area. and for the last few months they just fade away in a stable way. // so to summerize, I do think that AMZN have great stracture, and they have more room to push forward in the coming weeks/months. maybe to get inside the trade right now its a bit early because needed some more confirmations, but I probably will enter now because I can set my stop loss very close and if its will reach than not a big deal just cut it, and if I'll have more confirmations soon i will add more to the position. The main TP points are : 147.73, 163.50, 177.76 for me great risk reward trade. let me know what you think guys <3 Longby amirhemoUpdated 4
Right trough resistance or major bounce? $AMAZNAdd this to your watchlist, wait and see. Will continue to update.by UnknownUnicorn149670790
Amazon Long We're currently at a very strong support at 144. if we break out of the flag at 147 I believe we will see it break out of 148. if we don't break out of 148 after an initial push through 147 I can see it coming back to 146 area before another push up. Longby ImJohn5
Amazon next moveAmazon already breakout aswell, am seeing a good opportunity next year for long term investment in stock markets,I already enters this trades earlier with my students. Longby mulaudzimpho2
AMZN Weekly investment ideaDescending trendline and downtrend breakout into uptrend. Price is starting to consolidate around 144.00, the previous HH candle close. Is price action offers a strong rejection weekly close at support prior to a strong HH, I'll buy. If not, I'll wait for a major correction, following the strong creation of a new HH.Longby DCM_Markets227
Idea for Amazon - Adam Eve FormationIt looks like having Adam&Eve Formation. First TP : 118 Secound TP: 121 by Aft1905Updated 0
Amazon buyBullish trend, fakeout to the bottom on last last wave signaling buying pressure, the market has made a higher low signaling buying pressure, Longby seanstone12242
AMZN December OutlookRSI trend bearish, Stochastic eyeing upside. Not much to say about direction. Blue zones indicating price gaps.by M0_BTC0
Santa clause rally Amazon will probably post a positive earning in their Q4 report which will be triggered by festive season spending. Jumping in early to ride the wave and manage the sell-off that might follow. With the Fed expected to cut rates in 2024 moving forward, the stock will definitely push to ATHs. Longby Candles2541
$AMZN Analysis, Key Levels & TargetsNASDAQ:AMZN Analysis, Key Levels & Targets Really fun run… I bought for earnings and this was, really, the only earnings play I did this year…. But now it’s time to look down. 126 Buy targetShortby SPYder_QQQueen_Trading0
AMZN: Last week of NovemberTPs in the chart as well as threshold. Expected move is up based on probs and the inverse H&S formation on the weekly chart: But let the PA speak for itself. I expect it to go for 2 Standard deviations, which is in the mid-$ 180 range, but that is longer term, not this week. Watch for a break in either direction. Outlook for Monday is bullish. Safe trades!Longby SteverstevesUpdated 2229
Five Wave Up!!The fifth wave is expanding??Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!Longby mehdi47abbasi797
Amazon w pattan Amazon can move throw this direction wate and watch and place right oder Thanks by azwala071
AMZN 15 Minute Demand Zone Day Trade ideaWaiting for the price action to come down to the demand zone to consider buying calls. Buy Calls: $146.51-146.88 Longby CRUZ-CTRLUpdated 3
Why we are selling AMZN at 148The market's bull run is set to end based on the indications for seeing on the S&P. AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are: 1) Daily chart is overbought 2) H4 is overbought and lot of divergence present 3) The upward trend line has been violated which has been intact since October 23, 2023 4) There is a shark pattern in play This will need to be held for 3-4 weeks until it hits close to 132 or there is a buy pattern. Good luck to you and may the pips be with us. Shortby JD_TeenTrader227
Amazon breakoutAmazon has broken through resistance that has been holding it for weeks now and that is just this attempt. It also attempted a breakthrough in aug and march. The next 2 resistance areas are marked on chart with the white lines. 160 to 166 should be the next TP zone. TP=take profitLongby cointrustmoon13
#AMZN# Amazon currently holds a 'B' rating (63.49%) and has shown strong performance over the past 12 months with a return of 23.35%. This outperforms the S&P 500 by 37.4 percentage points, which has a return of -14.05%. Financially, Amazon exhibits strong indicators including earnings per share (EPS) of 53.6744, net profit per share of 1.9452, operating cash flow per share of 6.9418, and free cash flow per share of 1.6393. Notable data includes cash per share of $6.2167, book value per share of $17.7265, tangible book value per share of $15.5225, shareholder equity per share of $17.7265, and interest-bearing debt per share of $13.4218. Recent news highlights a 71% increase in Amazon's stock price this year, bouncing back from a 50% drop in 2022. Q3 financial results exceeded most analysts' expectations, with revenues reaching $143 billion, a 13% year-over-year increase. Despite AWS revenue falling short of expectations, Amazon's dominance in burgeoning sectors like e-commerce and cloud computing makes it an attractive investment. The current price-to-sales ratio is below the 10-year average, indicating a recovering real estate market. Additionally, Amazon has established a strategic partnership with Moderna Automotive Group, starting online car sales from 2024. Customers can buy cars through Amazon's platform and choose local dealer delivery or pickup. This partnership positions Amazon as Moderna's digital transformation partner, leveraging AWS cloud services, and introduces in-car Alexa by 2025. The deal bolsters Amazon's dominance in AWS cloud computing and creates new potential revenue streams. Technically, Amazon has re-entered an upward channel, with daily RSI and CCI indicators showing no oversold signals. This suggests market expectations of a price increase. Strong support is evident at the S1 level, indicating a short-term target (T1) for a quick test at $160. In summary, Amazon's future prospects seem bright, and it is recommended for mid-term investment portfolios. Entry price: $135-150 T3: $196 T2: $170 S1: $140 S2: $134 S3: $125Longby TradingMaestro94
AMZN LongLevels and Targets for AMZN Remember Zones defined here will be acting as support or Resistance...So book your Profit accordingly Please consult your financial advisor before investing All research is for educational purposes only. Longby IOTABHI3