Amazon: 25 years; $1tn valuation from $2tnGreat Run for the retailer of the world. The trensdline support at $85 is crucial. most likley it will stay within the guard rails of the 25 years. Though the momentum indicators are very weak. Might be it will just laze around the current levels.Shortby SWFguy5
AMZN - Potential Upward MovementAMZN EMA about to cross HA Trend Follow upwards. Exit at upper BBLongby JoeBigBoi1
Amzn H&SGap dow today and rallied up to test 21ema where it was rejected . XLY (Amzn sector) is very bearish below 148 Entry below 96$ Target gap close 90$Shortby ContraryTrader229
Amazon: Slowly getting there 🐌Amazon is still working on its correction - well, we might have to drag the stock to the green target zone between $95.21 and $85.51 since it is currently moving sideways. Once the green wave is fulfilled within the target zone, the trend can turn back North and rise above the resistance line at $117.50. Our alternative scenario with a probability of 40% implies, that the Amazon stock could ignore the green target zone and exceed the $117.50-mark right away.by MarketIntel5
‘Abandoned Baby’ in Amazon.com?Amazon.com tried to rally a week ago. It proceeded to fall on weak quarterly results, leaving some potentially difficult patterns on the daily chart. First, the single candlestick on February 2 was isolated above the other recent prices. That is sometimes known as a bearish “abandoned baby” -- essentially a failed breakout. The location of the candlestick is potentially important. By occurring at the falling 200-day simple moving average (SMA), it suggests the longer-term downtrend remains in effect. (It was AMZN’s first test of the 200-day SMA since August.) It was also near a bearish gap on October 28, which was triggered by weak guidance. Next, the Relative Strength Index (RSI) is retreating from an overbought condition. Traders looking for continuation lower may now watch for a potential break of the trendline along the lows of 2023. 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 .Editors' picksby TradeStation1313492
AMZN - testing neckline supportAMZN broke above an inverse Head & Shoulders neckline @99 on 27 Jan and went on to hit 114 before disappointed earnings crashed it back down to 98 - 99. It could be find support around these levels due to a confluence of: 1. neckline (resistence turned support) 2. 50% fib retracement of AC upswing @97.80 3. 61.8% fib retracement of BC upswing @ 100 It is a second opportunity to go long at current level with an initial tight stop loss slightly under $96 Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby Juliac2214
Short AMAZONWe can see that we are on a good resistant on AMZN and we have a down gap, so we can short and look for the support as a take profit .Shortby mehdifoulal60
AMZN AnalysisPrice played out nicely as analyzed last week. Price gapped up into the bearish POI at 113.22 and reacted strongly to the POI to the downside. Price is currently mitigating the bullish POI at 98.09, with signs of change of character. We could see a slight bullish retracement before continuing lower into the equal lows at 81.30.Shortby Keeleytwj0
Approaching a Support LevelEarnings miss. Price completed 100% of the move up from the Butterfly pattern/Price almost reached 100% of the cup it formed in spite of the miss. Price appears to be settling down and looking for a support zone. No recommendationby lauraleaUpdated 5
AmznPulled back to support last 2 days. Bounced off 21ema yesterday and printed a hammer with strong volume Target 112 gap close Stop loss 21ema Longby ContraryTrader5
Amazon: Fundamental Analysis + Next TargetIn the last year, the price of Amazon stock has decreased by more than 30%. Following profits that were poorer than experts had anticipated in 2023, the company's shares had a temporary recovery. However, Amazon's long-term thesis is still compelling, and this could be a terrific opportunity to purchase the company during the current dip. This is due to a number of factors. The macroeconomic environment may soon improve. Although it is still too early to say whether the Nasdaq bear market is finished, there does appear to be some hope. Even though interest rates are high right now, inflation is not decreasing. This might persuade the Federal Reserve to loosen its stringent monetary policy without sending the American economy into a downturn, a situation known as "soft landing." Although Amazon's stock price appears to be benefiting from favorable market factors, the company's recent results for the fourth quarter ended Dec. 31, 2022, leave much to be desired. Net sales rose 9% year over year to $149.2 billion thanks to growth in North American e-commerce and cloud computing, which helped offset a significant decline in international e-commerce. Net income fell 98% from $14.3 billion to just $300 million. That's a very troubling result. But investors should look at the situation in the right context. Amazon's business is cyclical, which means it is very sensitive to changes in macroeconomic conditions -- including inflation and rising interest rates, which can hurt consumer confidence. And while the global economy may weather the recession, many companies are choosing to behave more cautiously, postponing enterprise cloud migrations or moving to cheaper service levels, resulting in slower Amazon Web Services (AWS) revenue growth. In the long term, e-commerce and cloud computing remain growth opportunities for Amazon. Executives believe public and private enterprises are still in the early stages of moving their computing needs to the cloud. And in 2023, Amazon plans to bring its e-commerce platform to new markets in Latin America and Africa. The company's scale allows it to achieve cost and network efficiencies to stay ahead of competitors in the industry. Amazon stock, with a price-to-earnings ratio of 68, doesn't look particularly cheap compared to the S&P 500 average of 22. But investors should keep in mind that, as a cyclical company, its current earnings are unusually low and do not necessarily reflect its long-term earnings potential. Despite its near-term problems, Amazon remains one of the best bets for long-term e-commerce and cloud computing, and for patient investors, the stock still looks like a buy.Longby FOREXN1Updated 101011
AMZN bum to the penny and now it's time to reverse?AMZN had a nice and strong drop just as it was analyzed in the last report and in our Hot stock pick report. AMZN is still in a huge falling wedge which is a bullish pattern when and if breaking the upper trend line, however last time it touches that trend line it was rejected with a "hammer". Price had a healthy correction to 0.5 FIB, and at the same time, it formed a bullish reversal candle Hammer just as it touches 20 days MA, 0.5 FIB, and the horizontal line. Can it be better than that, it's really a textbook move. Also, it could now be a nice bull pullback targeting again BigRed and the upper trendline. Volume is neutral, bullish, and bearish due to the strong volume days on both sides. Price is above 20 and 50 days MA but below 200 days MA / BigRed which is mixed. RSI did cool down and is in neutral territory. MACD, however, has smaller and smaller ticks and it seems like are trying to converge or cross over each other which if done would be bearish. But if the MACD line, the blue line, manages to stay above the signal line that would be bullish. Overall: AMZN did correct/ cool down after an extreme move to the up and after it got rejected from 200 days MA and trend line. Now is ready to move up, but there will be a question does it have the power to move above that 2 major resistance, or will fall again? The issue is it is almost certain, when and if it reaches those resistance levels (blue circle) it will form bearish divergences on both MACD and RSI which will represent strong pressure on price. However, if it finds support in buyers and it breaks above the trend line, it would trigger a massive buy wave from all over due to the breaking out of a bullish pattern. Time will tell. Take small steps. Trading is a marathon, not a sprint! Longby Consistent_Trades2
Amazon heading $65 by end of marchIn my opinion shorting now there's more chance of winning. They all saying it's a buy but remember always when they say it's a buy it goes opposite way.Shortby fabillolinson1
$AMZN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $AMZN after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%. by EPSMomentum0
97 by Feb 15 then 120s by AprAMZN has formed a bullish base a is finishing up its sign of strength, however, expect it to get hit post-earnings. Near-term bearish with target 97 by 2/15/2023 If it finds support there it will markup to 120s by April 2023.Shortby JerryMandersUpdated 669
AmazonTargeted Range hit. we have a selling climax creating a range. Looks like we will range here for a whileLongby Integrity_Investments1