Here is a chart for AMZN. It could see $1200+ in 2018. Comment if you have any ideas or feedback. This one has a massive amount of upside!
The price seems to have bounced but the bullish volume is weak. The bearish volume is slowly decreasing but the stock has still enough power to break lower or to continue the consolidation sideways. The informations and the strategies discussed are strictly for educational and illustrative purposes. They are not a recommendation to buy, sell or trade any securities.
Hello traders i hope you had a good trading week. Let's see the Amazon stock that is currently sitting on tempting levels for a buy.. TECHNICAL OBSERVATIONS 1.WE ARE ENTERING A GREAT SUPPORT ZONE THAT WE HAD A LOT OF GOOD RALLIES IN THE PAST. 2.WE HAVE THE 200EMA WITH ASCENDING SLOPE WHICH IS FAVORING LONGS AND ACTS AS A GREAT SUPPORT. 3.WE HAVE THE STOCHASTICS...
Look for a bounce before AMZN completes the H&S. 1st Price target is at $900, and the 2nd would be around the $847 mark. The bulls will not go quietly with this stock. A breakout above $991 should be viewed as bullish and the trade would be off.
I think Amazon will see some nice gains in the near future, maybe so highs even. When we broke that $982 support line earlier we saw rises in excess of $1050. If history repeats itself we could see this again and then some. This is my forecast of future price action, will be interesting to see how it plays out :)
Just before AMZN's report I mentioned 1070-1100$ as the potential top for Amazon. Since then AMZN price dropped almost 100$ It has reached the final target zone of my pre-earnings setup. Now it is testing support. Bullish? This is your potential Buy Zone Bearish? You should probably hold bearish positiosn (after taking some profits), or wait for the breakdown...
Are you long on AMAZON? Maybe short (for some reason). Either way- here is an ideal trade setup. All the levels are listed out on the chart for buyers and short sellers, and if we get the break (bearish play) with a confirmation on our MACD, I would consider entering short for the time being! Yes, shorting AMZN, would you believe it? Or maybe our daily trend...
I Am expecting a bullish move on this as previous investors are gonna buy more and fresh one's gonna jump in now as i see a bull momentum here same thing happend on YeeY Stock Few Months Back.
1100$ will be an interesting price zone to monitor in case that AMZN will reach it... before or after earnings. It includes the completion of a weekly 3 DRIVES PATTERN and it is also the top of a weekly ascending channel. I'm not saying it is the top for AMZN. I'm just showing a price zone that can be interesting for contrarians and people who seek short term...
AMZN has a chance to really help the crypto market when it lays off all their employees as a result of falling big in the next 12 months. Hopefully those robots request to be paid in BTC. Stay Cryptic Ya'll. BK
This looks Aewsome to buy above 70$ let us see.
Possible short-term long opportunity, once AMZN gets oversold to the support level around 940 before it's potentially going to bounce back. Thoughts?
BACKGROUND: Online retailing has witnessed very rough weather on brick-and mortar retailing NYSE:M , NYSE:KSS , SIX:JCP , NYSE:JWN and many more. Now, it seems that the same fame is awaiting the grocery space, when NASDAQ:AMZN 'offered' to purchase NASDAQ:WFM , then most grocery stocks dropped about 10%. Is this drop justified ? Regardless of ...
W1 - We can start looking for sells as long as the last high on weekly chart is holding. Also price is near the end of a potential triple cycle. Bearish divergence between the last two legs of this bullish trend. RSI already heading downwards after an extreme. D1 - Bearish divergence (red arrows) followed by bearish convergence (blue arrows) which is a...
SW1 Chart with possible equal gain as BTC, this can not be real for Long term investion. Next Short Targets via Fibo retrace
AMAZON: AMZN This stock has just broken out above a restraining parallel that's always held Amazon back for the last 3 years. Today it gapped through it. It's super-bullish for Amazon stock holders and super bullish for all markets too in the near term.
We are long on the Amazon. Targeting the near term resistance on the AMZN, at the 963 area. AMZN in the near term is technically positive. We recommend an opportunistic buy with an entry below 944.76 with a primary target at 963.23.
Amazon is close to key support at 950. If it breaks it triggers a near-term short as per comment