Will you break out of this channel pattern this week $AMZN Actually, it did break out the last 2 trading sessions and we saw that pull back. This week i want price to hit 127 or an attempt to break that 130 area. As always follow price action and try to stay in the game.Shortby menskyl96114
Amazon is in a long short race!Amazon is in a long short race! This chart shows the weekly candle chart of Amazon stocks over the past two years. The top to bottom golden section of July 2021 is superimposed in the figure. As shown in the figure, the low point of Amazon stock in early January 2023 hit the 2.000 level of the golden section in the figure, and is now in the second largest wave of rebound, breaking through the 1.000 level of the golden section! The next strong pressure level for Amazon stocks is at 0.618 on the golden section in the graph!by Think_More1
July Trades (AMZN, account up 1.48%)6th day trade in July is NASDAQ:AMZN on 7/19/2023. Account is up 1.48%. Total return in July is 7.98%.by 1hour_trading1
AMAZON is getting Screwed Time to short this Shit as this company had done its bully and now it is going to face its Karma PARLER is slaping a case against it so we can see a huge fall and bears are there to tear it apart. check the fib levels and enjoy its fall please comment you ideas Shortby BitonGroupUpdated 665
AMZN AnalysisPrice did not play out as analyzed last week. From here, if price manage to break above 136.65, then we should see price continuing higher following the bullish order flow. Right now, we can still see price potentially going lower to the discount level.by Keeleytwj2
AMAZON: Is starting the new buy wave to 144.50.Amazon is trading inside a Channel Up for the last 2 months on balanced bullish technicals on the 1D timeframe (RSI = 65.517, MACD = 3.080, ADX = 16.131). Yesterday's low and reversal into today's strong 1D candle, looks like the start of the 2nd wave of buying inside the Channel. As long as S1 holds, we are buying with a target just under R1 (TP = 144.50). If the S1 breaks (candle closing under it), we will take a quick sell targeting the 1D MA50 (TP = 127.00). Important observation: The 1D RSI is inside a Channel Down, hence a bearish divergence to the price's Channel Up. If it crosses above it, buying is favored. Otherwise, it should cause a bearish reversal sometime soon. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope9
AMZNI have buyed at 131.56 my profit is 133.80 reason is simple the selling and profit booking has made enough room for buyers, thus continuing the trendLongby KrishB20Updated 4
W PatternRoom to run if conditions support it. Price is trying to stay above the diagonal resistance line so I turned it orange as it is not clear it is a support line yet. I would turn it green if strong support and blue if new support. New patterns may emerge, but there is a discombobulated triangle that is loose versus tight. Tight triangles with price filling the space are more reliable than loose triangles which consist of a lot of open space. Valley 2 is higher than valley 1. Possible Bat. Bat patterns normally continue to the .886 and an Alternate Bat to the 1.113. Patterns morph over trading days so no way to know for sure. No recommendationby lauralea228
AMZN next long oppAMZN is forming a new channel, I like that kind of pattern. A Fibbonacci would give us almost the same signals like the current volume profile - good sign. I would enter long about $133 and exit around $135 Longby TradeandGrow3
July Trades (AMZN, account up 0.46%)3rd day trade in July is NASDAQ:AMZN . Account is up 0.46%. Total return in July is 5.49%.by 1hour_trading1
Digital and technical analysisWe see that there is an increase in the buying momentum and we are in a major upward correctionby faridsalim308226
$AMZN, Daily TFNASDAQ:AMZN , Weekly rejection. Do we see a breakout to 145$ or a rebound to the daily support 128$ ?by wealthwiseida0
AMZN - Rising Trend Channel [MID -TERM]🔹Support at 113 and Resistance at 144. 🔹Technically POSITIVE for medium-term long-term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️Longby wavepoint990
Amazon in dangerous territory here. Brown trendline represents the head and shoulder neckline. Yellow neckline is the rimline of an inverted cup and handle. Both essentially have the same breakdown target. Price needs to get above these trendlines soon to avoid triggering the breakdown. by DrDovetailUpdated 4
AMZN Buy idea broke yesterday high The trend is also Bullish Strong Resistance at 136.49 That will be our Take profit Longby KrishB20Updated 2
Part 2 of All 7 Mega TECH stocks | QQQ Sp500 TREND GUIDE- I cant stress enough to follow the trend on these stocks, there will be a time to short when we see daily downtrend confirming - FIRST STEP for bears is we need a hourly downtrend for anything to really happen - As of now all mega tech are still healthy Long12:01by ArcadiaTrading2
$AMZN Analysis, Key Levels & TargetsNASDAQ:AMZN Analysis, Key Levels & Targets Is sitting just a tiny bit above the 200MA… a key level for sure… Looking toward 107, the 200MA on the Daily level… Shortby SPYder_QQQueen_Trading4413
Shorting AmazonShorting here small size just cause the charts confluence is too much. My other shorts will yield much more % if I am right but cant not trade this chart. Not advise.Shortby A5gamakatsu0
AMZN AnalysisPrice consolidated since my last analysis, giving us a -3.42% move at one point. No changes to my expectations, I'm waiting for a solid confirmation on the lower timeframe to potentially bring price back to the discounted level at 118.60 next.by Keeleytwj111
Part 2 of 7 Mega Cap Tech | QQQ Sp500 & My YINN playsAs long as we have mega cap techs holding sideways and rest of the market breath catching up it is good for the bulls and we may continue to see grind up from the market overall. - Very first step i want to see from the bears is an hourly downtrend for me to even pay attention to a short swing. - entered YINN for lagger bull play. Long11:54by ArcadiaTrading2
$AMZN Long above 129.10 Based on the current short-term trend, there is an expectation for the stock to experience a 33.81% increase over the next 3 months. Additionally, there is a 90% probability that the price will range between $170.11 and $180.24 by the end of this 3-month period.Longby MpowerTradez_2
Amazon eyeing Wave 4- AMZN has just finished off W3 and already in route for W4. I have put the Fibonacci levels for the W4 to where we should see price go before rebounding to W5.Shortby UnknownUnicorn9107510
Part 2 of 7 Mega Tech Stocks AnalysisAlthough QQQ closed flat today, lots of mega cap tech stocks formed daily downtrends, such as AMZN GOOGL AAPL, so we have to be open to QQQ having a slightly more pullback in the next coming days but breath in the market is really good today so its a good sign for the bulls as money rotates around. Short11:37by ArcadiaTrading1