AMZN looking for $111Did a meditation and got the number 17 clearly. Checked dowsing and get bearish energy and ALSO the number 17 for points and the price of 11. Well, it was at 128 when I asked, so 17 subtracted gives the 111 figure. Pretty simple. Just how I want it. That's it!Shortby JenRzUpdated 2424224
AMZN - Rising Trend Channel [MID -TERM]πΉBreakout resistance at 136 and next resistance at 145 πΉSupports 136 in negative reaction. πΉTechnically POSTIIVE for medium long-term. Chart Pattern; πΉDT - Double Top | BEARISH | π΄ πΉDB - Double Bottom | BULLISH | π’ πΉHNS - Head & Shoulder | BEARISH | π΄ πΉREC - Rectangle | π΅ πΉiHNS - inverse head & Shoulder | BULLISH | π’ Verify it first and believe later. WavePoint β€οΈLongby wavepoint992
$170 Target PriceGood earnings. A lot of good news. Chart is very healthy. I agree with many professional analysts that a new price target $170+ Once it goes above $145, it is piece of cake. Pure earnings. Timeframe is 2-3 weeks to hit over $150 and lead to $170 but depends on the general market performance. We might see a little pull back but I doubt not. Not a financial advice. Longby andrewvahil1
Volatile SetupAMZN is completing a B-wave and can still extend to 144-148. However, it has a strong pull down to the 126-135 range and will likely get hit to that zone and show some choppiness next week trying to breakdown the 125 level. Above 125 is bullish territory if it can find support there, but under 125 is very bearish and will signal beginning of C wave. I posted an idea a few weeks back with post earnings expectation of AMZN hitting 135-140 (linked post). The main point I wanted to get across in that post is that the end game here is a nasty C wave that will eventually take it down to 60. Ouch. Updated targets given its earnings reaction: - down from here (sell zone) to 127-131, then chop before breaking down 125 - Initial target 115 by mid September (could happen earlier if 125 breaks in coming week or 2) - 2024 target is 60 where it will bottom.. needs to breakdown 109, 101, 94 and 80 as potential support levels on the way down Shortby JerryManders3
AMZN: Bearish Bat: Anticpating Potential PPO ConfirmationAmazon has gapped up to complete an 88.6% retrace thus completing the BAMM. Now we can see that the PPO is trading outside the upper bounds, and once the PPO comes back down below the upper bounds, it will confirm a Bearish PPO signal at the PCZ of this Bearish Bat, therefore confirming the Bearish Entry. I think it will target $81 from there on, but it could go lower if it ends up being a continuation of a much more bearish ABCD Pattern from years ago. I think this rally was stirred on by the positive earnings release, but failed to realize how unprepared the guidance was during the actual call, as they hardly provided any guidance for Q3 all they could provide was their hopes but not much beyond that.Shortby RizeSenpai2
$AMZN - MA rendevous!NASDAQ:AMZN - To me ERs are gamble that I seldom take. Having said that this chart caught my attention and I see that all MA's have come together like a family reunion of some sort. Can they help to catapult NASDAQ:AMZN to next levels? If ER reaction is positive coming Thursday, then there is a fair chance for price to gap up the marked level. If not then... Note - ER price movements can get wild, the chart shared and information are just my opinion. by OI_Organic_IntelUpdated 5
After the Report, AMZN Shares Soar Almost 9%Strong gains in Amazon's stock supported E-mini S&P 500 futures, which were hit by Fitch's US downgrade and Apple's disappointing report. β Amazon revenue for the quarter: USD 134.4 billion, +11% year-on-year; β profit: USD 6.8 billion for the quarter (-USD 2 billion last quarter); β the company continued to reduce the cost of maintaining supply chains; β growth of Amazon Web Services has stabilized as customers move from cost optimization to deployment of new workloads; β forecasts of sales growth encouraged investors. The AMZN stock chart shows that a successful report pushed the price to a year high, trading in the morning may start around USD 129 per share. Thus: β a wide gap is formed on the chart, which can serve as support; β the price may rise from the lower border of the channel to the upper, where it may meet resistance; β RSI may bounce off the 50 line; β the market may be supported by the area around USD 133.5 per share, where the median line of the channel and the maximum from July 31 pass. Despite the sharp rise, AMZN's share price is still far from meeting the average target values, which, according to Tipranks, are in the region of USD 157. 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 FXOpen11
Bounce coming before earnings?AMZN has been weak starting off August but it has placed us in a position to catch a bounce off of the 21MA around $131.00. After bounce, it could rally higher to $133 before earnings on Thurs (8/3) AH.Longby rextradezzUpdated 1
Amazon 140 or 100Amazon near crucial level to top the price channel if breaks 140 levels can be attained from here look for break out and postive price, if not sustains above swing high stop loss above channel target till mid of channel of low of the channel. Previously strong rejection in this area with wick to left displays supply zone presence.Shortby rakeshreddymUpdated 117
$AMZN Reported Positive EarningsNASDAQ:AMZN Reported Positive Earnings, forming a cup & handle on the weekly chart, if Amazon closes above 136 and consolidates in a bullish manner it will form the handle. We are bullish and we continue to see amazon stock moving higher. Longby AlgoTradeAlert1
Amazon earningsAMZN earnings are Thursday 8/3/23 at 4pm. Amazon (AMZN) reported earnings of 0.31 per share on revenue of 127.36 billion for Q1 ending March 2023. The consensus earnings estimate was 0.21 per share on revenue of 124.47 billion. The company beat expectations by 19.23% while revenue grew 9.37% on a year-over-year basis. The company said it expects Q2 revenue of $127 billion to 133 billion. AMZN Q2 June 2023 Consensus: EPS = .34 Revenue = 131.42 B TTCATR VWMA20 levels: R3 = 142 R2 = 138 R1 = 135 VWMA20 = 131 S1 = 127 S2 = 123 S3 = 120 VWMA levels: VWMA50 = 126 VWMA100 = 114 VWMA200 = 104 AMZN options data: 8/4 expiry Put Volume Total 65,397 Call Volume Total 109,568 Put/Call Volume Ratio 0.60 Put Open Interest Total 161,838 Call Open Interest Total 278,161 Put/Call Open Interest Ratio 0.58 8/18 expiry Put Volume Total 17,428 Call Volume Total 36,640 Put/Call Volume Ratio 0.48 Put Open Interest Total 288,849 Call Open Interest Total 436,648 Put/Call Open Interest Ratio 0.66 9/15 expiry Put Volume Total 17,819 Call Volume Total 23,535 Put/Call Volume Ratio 0.76 Put Open Interest Total 401,694 Call Open Interest Total 552,090 Put/Call Open Interest Ratio 0.73Longby Options360Updated 666
AMZN earning#AMZN earning coming next thursday after hour. If #amzn can hold above 130.5$ , next target : 134$/137.5$/144$ IF #amzn drop below 1305$ , next target : 127$/122.5$/117$by pninh09110
AMAZONMarket Seems to be in buying mood today for amazon stock, targets are not fixed, would exit at 1:1Longby KrishB20Updated 1
AMZN....4hAmazon stock analysis = Analysis is based on technical analysis of the trend = If he crosses the level of 136.71, he will be eligible to reach the level of 144.26 = When it crosses the level of 144.26, it will target the level of 164.29Longby wmforex14
AMAZON Short-term buy signalIt's been exactly two months (May 30) since we gave the latest buy signal on Amazon (AMZN) when the price touched the 0.382 Fibonacci retracement level (see chart below): Our target was set at 146.50, which is the High of August 16 2022 (Resistance 1) and we are updating our analysis as the recent rebound on the 1D MA50 (blue trend-line), seems to be the final bullish leg towards that target. We may experience a strong pull-back (long-term trend still bullish though) there (also the 0.618 Fibonacci level is just above it) as the 1D RSI is trading within a Channel Down, which illustrates a Bearish Divergence. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot2237
AMAZONThese are levels that I'll be keeping an eye on when dealing with AMZN, and I'll revise as price action progresses. I adapt to the change in money flow. Fundamentals: "Monday marked the first trading day following Amazonβs (AMZN) 20-for-1 stock split that the company announced on March 9. Amazon shares were revalued to $120 per share, after trading well above $2000 per share prior to the stock split." I'm projecting price to get around the $60 price point sometime in the near future.by ChrisJTradesFXUpdated 225
Amazon (AMZN) Breaking the RED line and 100$ wall was a big short signal and now we heading to another big support level which is 80$ Wall Street equities were in the red on Monday with Nasdaq leading declines as investors worried the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession. while Amazon workers will go on formal strike for the first time in the UK, The three major U.S. stock indexes were on track for the fourth straight day of declines since Wednesday, Fed Chair Jerome Powell took a more hawkish tone than expected when the central bank raised interest rates. Powell promised further increases even as weak data showed signs of a weakening economy. The S&P 500, the Dow Industrials and the Nasdaq have sold off sharply for December, on track their biggest annual declines since the 2008 financial crisis. Im not close my shorts till we back to 70$ level are you READY for 2023?Shortby moonyptoUpdated 227
FOMO set up no cap $AMZNI pray I don't miss this move next week. I am not interested in short anymore and its okay to be wrong and don't fight the market, but this right here is a gem. 137 calls should be on everyone watchlist. Longby menskyl962
AMZN put credit spreadmacro: snp500 QQQ uptrend, but retracing, News: PCE show inflation slowing, russia stopping wheat shipments TA : 20ema bounce STOP: rolling till worthless options TP: low value per day or expire risk: market downturn after very strong first half, fed continue rise interest rate,BAD EARNINGSLongby jokersxsd4
AMZN TO SIRIUS Aπβ¨My powerful demand zone has been met with the confluences of my strategy secrets to good to pass up so ill come up with something a long whaaa rather absurd yes considering china lifting restrictions backfiring on it potentially leadin to a supply chain Sπ©π©T SHOW and a continuation of an overall bear market still cant pass up the chance to say i called the bottom wen all odds were stacked against logic SENNA SEASONLongby Bekiumuzi_DubeUpdated 336
Finally?I bought some puts as shown. Looks like the price is testing the broken support. Is not an important support, but the puts are cheap and it is worth the shot. Shortby ArturoLUpdated 1
AMZN a long reversal tradeAMZN on the 30 minute chart has descended from a double top / head and shoulders pattern in early to mid July and is now set up in the lowest VWAP bands in oversold undervalued territory. The RSI shows lines bounced from the lowest green line set at 20. the low time frame blue- 5 minute line has crossed above the higher 60 minute black line time frame and they are both above the 50 level demonstrating bullish momentum in the early reversal. The mass index indicator crossed above the reversal zone and then down triggering the signal. I will take a long trade on AMZN seeking to profit from this reversal with about 8% near term upside. The trading plan's targets are in the text boxes on the chart.Longby AwesomeAvaniUpdated 114
AMZN AnalysisPrice playing nicely as analyzed last week, giving us a 2.96% move to the downside. No changes to my expectations, I'm expecting price to continue lower following the bearish order flow into the bullish POI at 118.60 next.by Keeleytwj1