AMAZON BULLISH TRENDAMAZON is looking in a bullish trend as it is printing higher highs and higher lows.
AMZN trade ideas
$AMZN Daily swing trade order$AMZN Daily swing trader order
Sell order for the day: 112.26
Buy order for the day: 95.64
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So this is by far one of the most effective strategies that I’ve traded ever. I used to have a very similar version and some of you may remember it from a few years back… but this just requires one buy order and one sell order every day after close… and as the market dips you’re buying and as it’s rallying you’re selling into the rally…. You don’t have to think of anything else…. Its super simple… in a way it’s a very passive swing trade strategy where you’re always buying the dip and always selling on the way up…
I am not your financial advisor and feel free to follow along to see how it plays out and jump in any time.
I’m tracking only a few of my positions on here and I want to see the success rate after 3 months. I know it works really well already but I want to be able to break it down and see it visually…. I’m visual like that… lol
Also not that there aren’t supposed to fill same day… I have each order set to GTD, and the date is 8 weeks out…. So it just needs to fill within 8 weeks….
Amazon Hourly Cup and TeaAMAZON hourly
Inverse cup and tea, continuation
SL:96.48
EP:101.21
TP1:106.20
TP2:111.03
Amazon Hourly Cup and TeaAMAZON hourly
Inverse cup and tea, continuation
SL:96.48
EP:101.21
TP1:106.20
TP2:111.03
Amzn101 or 97 but it's pulling back.
Rising wedge and bearish divergence on RSI
Yesterday they used aapl to prop the market up, today amazon.. the musical chairs games are about to stop
AMAZON : Let's go Bullish againAfter 2 years of negativity the Predictum is finally positive again.
There's not much to say about Amazon, it's a solid and valid company.
This is a very positive signal that joins the rest of my buy signals.
I have increased my positions and will continue to do so as long as the conditions are positive considering a medium/long term vision.
$AMZN - Could see a breakout$AMZN is up against the trendline. If it breaks out it could hit 200DMA at 107.49. Since 03/2022 every time the price hit 200DMA it reverses. This time, it looks like it will get to $116 near term.
Target 1 - $107.49
Target 2 - $116
Target 3 - $127
I am long #AMZN.
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
#Amazon: Double Bottom😱The overall market structure is bearish
Price found strong support last week and as you can see
Price is making a bullish correction
Price has formed a Double Bottom pattern indicating a bullish continuation
A break above the resistance which aligns with the 38.20% will open doors
For a bullish uptrend to the next key level
I'm bullishly and biased
Analyzing the timings of the coming crashAt this point there are just two scenarios for 2023 market development:
1. The market crash will happen entirely in April-June.
2. The sell-off will take the entire 2023.
Looking at the logarithmic scale of some stocks I see that the crash may take a lot more than 2-3 months. I am 100% confident that April-May will deliver on its bearish promises, but the markets may just trace 1/3 of the sell-off. SPX may end around 3000, and then the sell-off will take a summer break.
In this scenario June-July will be quite peaceful and uneventful. But in August-October the real crash will occur.
Amazon -> Bullish Trend ReversalHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Amazon stock just recently retested and already rejected a quite strong previous weekly support zone at the $85 area which was turned strong support once again.
You can also see that from a weekly perspective we do have the possibility to created a double bottom and start a new bullrun from here so I am now just waiting for a break above the neckline at $105, followed by a retest and then more continuation towards the upside.
On the daily timeframe you can see that Amazon stock is already creating bullish market structure, however I am still waiting for a break above the $105 resistance and a retest before I definitely do expect more continaution towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMZN - Not a good setupScamazon has to retake $120-126 level to continue its bullish run.
Otherwise, it might go lower. Much lower.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
The Ultimate Amazon Buying Opportunity? Is this level the ultimate buying opportunity for Amazon, with a rally back to the 145 level, or are we going to see it continue downwards? Let me know your thoughts on this one.
AMZN Weekly -- Here's one for Bottom Fishers.AMZN just crossed above 50 day EMA, and also has shown A 21/50 day triple exponential moving average crossover, a positive indicator. We have a strong support zone which goes back to 2018 - 2019, which is also the last time the FED hiked rates and then eased off the brakes. Point D is a 61.8 percent retrace, and around 155 - 156 (also a Gann zone). That is around 50-60 percent appreciation, but don't bother with this unless you plan to hold for a long time -- point D may not happen until some time in 2024. I don't normally jump on an equity that sits below the cloud and also below its 52 week EMA, but I feel this is pretty much a no brainer long hold.
AMZN | Line DrawingInformation to have in mind:
I've graphed a few historic values that most analysts have in their notes.
Amazon.com Inc. reports their earnings 04/27/23 AMC: I'm anticipating the market will buy the surprise.
The %B is at a good value to "signal a continuation".
Amazon is SOLIDAmazon has made a slightly bullish flag. Watch closely and look for best retest levels for entry
AMZN AnalysisPrice played slightly to analysis last week. Price did a bearish retracement after taking the equal highs at 101.17, but has not yet mitigated the bullish POI at 93.57. No changes to my expectations, expecting price to continue lower into the bullish POI. However, if price breaks above 102.1, we could see price continuing higher into the bearish POI at 114.00 without going lower.
$AMZN Amazon looking to test another breakoutNASDAQ:AMZN
Taking a look at Amazon here on the daily and we can see that its making another attempt to breakout out of the range.
AMZN. TF H1. Buy limit order at 95.15On the hourly chart, the trend began on March 13 (linear regression channel).
On March 22, the level of 102.07 was reached (the upper point of the TMA channel). But the lower point around 95.15 (lower point of the TMA channel) was not formed.
Therefore, I propose to set a limit order to buy at the level of 95.15 .
A possible take profit level of 105.70 . But do not forget about SL = 87.60
Good luck!
Regards, WeBelieveInTrading
AMZON INVERTED CAP& HANDLE ON 1HR CHARTAMZON INVERTED CAP& HANDLE ON 1HR CHART. IN this chart we can see inverted cap & handle pattern. There is no divergence seen.
the trend will make new HIGHER LOWS AND LOWER LOWS.
Reasons to Invest in Amazon Stock During Turbulent TimesIn recent times, the stock market has been inundated with negative news. Many companies that were once considered resilient have faced serious challenges due to economic factors such as rising inflation, which has affected their earnings and appetite for stocks.
However, there is a glimmer of hope as history has shown that a bull market always follows a bear market. The only unknown factor is the exact timing of this upturn.
In the meantime, it is wise to invest in companies with good long-term prospects. This is especially true for those that have suffered during these turbulent times as they can be bought at bargain prices. One such company is Amazon, which is currently trading at its lowest level relative to sales volume since 2015.
Amazon's success is largely due to its cloud computing business, Amazon Web Services (AWS), which generates a significant portion of the company's revenue. Although AWS is currently experiencing a downturn due to rising inflation, which has impacted its customers' budgets, the company's revenues continued to grow in double digits. As inflation eases and customer budgets improve, AWS will once again be a profit driver for Amazon.
Another reason to invest in Amazon is its market leadership in e-commerce. The Prime membership program offers users fast and free shipping, as well as other benefits such as movies and books. The program has seen positive results, with Prime members increasingly relying on the service for shopping and entertainment. The NFL's "Thursday Night Football" premiere game generated the highest number of Prime registrations in three hours in the United States. This growth in membership should lead to renewed revenue growth once consumer spending starts to pick up.
In today's tough economic climate, Amazon is taking steps to better prepare for the coming bull market. The company is working to improve its cost structure by cutting jobs and increasing its investment in AWS and technology infrastructure. Although these investments are costly in the short term, they will pay off over time, making Amazon a winner in the coming bull market.
