Continued bull marketHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely Longby mehdi47abbasi792212
AMZN forming ascending channel AMZN is forming an ascending channel on daily timeframe. There is no divergence on RSI. Longby sumeedshaiq2
Will Amazon Stock Continue to Rise?Analysts at JPMorgan Chase believe in continued growth in the technology sector in 2024, with a particular focus on Amazon.com Inc.'s stock. The company is showing impressive growth rates in both revenue and net income. Compared to its P/S multiple (capitalisation to revenue ratio), Amazon.com Inc. trades lower than the technology sector, at 2.84 versus 5.38. According to this ratio, the fair value of the issuer's securities could reach 206.49 USD. Therefore, today, we direct our attention to the stock chart of Amazon.com Inc. (AMZN). On the D1 timeframe, a support level has formed at 145.52, and resistance has formed at 154.85. Within the current uptrend, the quotes strive to consolidate above the 149.46 mark, which previously served as resistance. A breakout of 154.85 is highly likely in the future. On the H1 timeframe, long positions may be of interest once the level of 154.85 is breached, with a short-term target of 163.75. In the medium term, it is possible to hold a long position up to 186.67. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets6
AMZN: Stock Price Ends Year Stronger Than S&P 500Amazon shares are up approximately 79% year to date in 2023, outperforming the S&P 500. This reflects the company's strong fundamentals: → Amazon's third-quarter results beat Wall Street estimates, helped by growth in its cloud and advertising businesses. According to Barchart, analysts are forecasting AMZN's earnings growth of 35% in fiscal 2024, as well as revenue growth of 11%. → Positive forecasts are associated with the activation of retail trade. In the past three months alone, the SPDR S&P Retail ETF has gained 16.4%, significantly outpacing the S&P 500's 6.8% gain over the same period, according to FactSet data. Therefore, AMZN could benefit significantly from the holiday shopping season. → Analysts are praising the prospects of the Prime platform, which will soon broadcast games involving 40 major league teams in baseball, basketball and hockey. The chart shows that the AMZN stock price is moving steadily within the ascending channel (shown in blue). Wherein: → the price quickly rebounded from its lower border at the end of October - a sign of strong demand; → the price is able to stay in the upper half of the channel, using its median line as support and forming rising lows in December; → at the beginning of the new week, the price exceeded the psychological level of USD 150, setting a high of the year. Now the bulls need to consolidate the progress made and keep the price above the psychological level — it is possible that we will see a test of the USD 150 level, which previously acted as resistance, therefore, there is reason to expect that it will serve as support. It is possible that the bulls will try to update the fresh high of the year. 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 FXOpen1119
Potential for Reversal - Needs ConfirmationA week ago I posted a Bearish Idea for AMZN - the initial target hit. I sentan update going into earnings for shorts to be cautious, here is the updated chart: - Above 126 is near term bullish. Needs confirmation with a break above 129 by 11/3 (needs to break above solid green line in chart) - If we get confirmation, initial upside target is 134 by 11/10/2023 - If initial target is reached then the goal target will be 140 by 11/27/2023 ** If we see rejection in the 126-129 range, and get confirmation with break below dashed blue channel, then the bearish path to 114-116 (from previous post) will resume.by JerryMandersUpdated 9
Amazon On the Way to a New Montly High Amazon (NASDAQ: NASDAQ:AMZN ) is in a rising trend channel. with the ticker breaking the Resistance Level setting foot on a new monthly high. Since its inception, Amazon has famously prioritized growth over short-term net earnings, to the consternation of many investors. That broader approach hasn't changed, but management is now more focused on finding balance. There's no reason why this massive business can't deliver strong earnings even while investing aggressively in areas like artificial intelligence (AI) and its global delivery network. You can see proof of that shift in areas like free cash flow, which was $21 billion over the past full year compared to a $20 billion outflow in the prior-year period. Operating income was $24 billion in the first nine months of 2023, up sharply from about $10 billion a year earlier. Longby DEXWireNews3
AMZN upLong from 147.70 Looks strong here, flirting with 52 weeks high Minervini: 8/8 pointsLongby AnaBloemkoolUpdated 115
Nice Breakout on AMZNAlthough this surely hasn't gone unnoticed! Love the consolidation at prior key levels.Longby hodgson42k2
iH&S to ATHs- iHS breakout continues - chart pattern & yearly pivots point to $200 - weekly bullish kumo twist soonLongby IAmSatoshi114
AMZN Q4 PEG and Bullflag BreakoutAMZN made a power earnings gap and has been holding up well since. Currently attempting a bull flag breakout pattern on the 65m. Target 1$70.Longby SWRLS110
Let AMZN Be … [ Short-term] Uhm... ohm... I think we should leave NASDAQ:AMZN and @JeffBezos alone. The #Amazon price has fiercely struggled in the range of 140-150 for over a month. Bulls and bears have been battling for every inch of territory, causing traffic jams, and there's not much we can do. However, with a strong full-bodied candle last week and Bulls gradually winning small battles, my prediction is that as soon as the market opens, we will have a Gap up. HOWEVER , this is not the time to Buy. Chasing the peak is always wrong. Just stay put, please. The time for a beautiful Buy position might be shaking its leg, enjoying itself, has passed since the end of October. Be patient and wait for the next opportunity. WHAT A WISE TRADER DOES? If you're holding a Buy position : Move the stop loss to a safe point to preserve profits. If you're holding a Sell position : Uhm... set the stop loss carefully. If you haven't done anything yet? Well, just continue not doing anything! Longby AnalystLyn4
✅AMAZON WILL KEEP GROWING|LONG🚀 ✅AMAZON is trading in a Strong uptrend and we Are seeing a bullish breakout Of the key horizontal level Of 145.00$ which is now A support and we will be Expecting a bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx116
$AMZN looking for a push higherAmazon broke out of it's trading range on Wed, tested it Thu and siting at the top of the range on Friday close with relative strength. Lagged behind NVDA, AAPL, MSFT in 2023. Looking for a breakout above trendline with holiday sales push.Longby azkaban12210
Inversel H & S Bull Been following this since the last earning beat. H &S completed with a second close above neckline 146.65 on weekly chart. With the rate decision confimration yday- tageting FIB level .78(157.35) TP 1 | TP2 @167.39 (last low high on wkly) .Longby yssird4
3 Ways To The Rocket Booster StrategyHi there its Lubosi Stocks, and and am here to share with you the rocket booster strategy that you can use to learn technical analysis. -- This strategy is a simple one and was highly inspired by the following mentors i have been following for a long time such as Tim Skyes, Robert Kiyosaki and Matthew Kratter. -- So the strategy is very simple and has been broken down in 3 ways: -- #1- Price has to be in a trend #2- Price has to be above the 50 Day Moving Average #3- Price has to be above the 200 Day Moving Average. -- If you want to learn more rocket boost this content. -- Disclaimer: I reserve the right to be wrong .Do not buy or sell anything i recommend to you.DO your research before you trade.Education04:02by lubosi3
5 Reasons Why Indicators Are Important They help you see what's happening in the market. They help you understand technical analysis. They help you see the passage of time in trading. They allow you to position yourself correctly. They allow you to become a better investor. To learn more watch this video Rocket boost this content to learn more Disclaimer: I reserve the right to be wrong about any trade recommendations. Hence do not buy or sell anything i recommend do your own research before you trade anything.Long07:48by lubosi2
AZMN broke its month old resistanceAMZN today broke its months old resistance, finally entering in the bullrun territoryLongby the_terrific_m0
long position in amazon long consolidation on higher time frame, with the squeeze indicator showing a medium squeeze and the 50 MA box about to break out and oversold on STOCH RSI entry on breakout for a nice long trade Longby dan2b63
AMZN Analysis for XmasLooking for more upside potential on AMZN and even more with Xmas comming. Still in a long investment position but we are now on a critical level to watch. The $150.0 level is a very high intensity level of rejection and reversing so warning. BUT, I have a strong conviction on this bull signals we had previously to go to the Historical High, and some can also see a reversal H&S pattern on the chart with a neck level at $150.0 precisely. For next week, I will be looking at the little bull flag we can see near the $150.0 to see if we can confirme the curl long scenario. Great Trades !Longby ArnoSGUpdated 9
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