Amazon annual time frame is indicating a continuation of the trend. RSI: showing market exhaustion to the downside Stochastic: showing that the market is oversold and ready to be bought up by the bulls
“One final investment area that I’ll mention, that’s core to setting Amazon up to invent in every area of our business for many decades to come, and where we’re investing heavily, is Large Language Models (“LLMs”) and Generative AI. Machine learning has been a technology with high promise for several decades, but it’s only been the last five to ten years that it’s...
If you haven`t sold AMZN here for a profit: Then you should know that the implementation of a chatbot like ChatGPT, powered by OpenAI's advanced natural language processing capabilities, could indeed provide an opportunity for consumers to find the cheapest price online for the same product. In an era where price comparison and cost-saving measures are highly...
Waiting for Amazon to bounce off the ichimoto and supports to enter..
Amazon is once again proving its innovative prowess by negotiating with key players like Verizon, T-Mobile, Dish Network, and AT&T to offer budget-friendly or free mobile services to its U.S Prime subscribers. This groundbreaking step could transform the telecom sector and strengthen Amazon's position by merging e-commerce and telecom. Bundling wireless plans and...
With the stock market already trading near the 2031 fair value target of $434.98, it's a wonder how far out investors are willing to bet on S&P 500 earnings. Apple and Meta found some resistance near their average analyst targets, and now we have to figure out what comes next. For me I see t least a 50% retracement for the S&P 500, which sits around $412 per...
long Amazon AT : 83 TP1 : 104.80 TP2 :114 SL : CLOSE BELOW 76 NOTE : 🚨 Not financial advice 🚨 The content provided on this channel is not a manual for any financial activity. It's only represents my personal market and financial view. Once TP1 reached stop should be moved to BE .
NASDAQ:AMZN weekly chart pierced the 618 fib level and pulled back. Still in uptrend support at the green dotted line.
AMZN has recently broken it's current downtrend channel as identified but has also broken above and found closure/support above the 50% retracement from the $180 ATHs that it saw back in Nov. 2021. I haven't purchased my long-term opts on this yet to see if a reversal in the current market push due to NVDA and other AI-Based movements that are holding up the...
Looking to Sweep SELL SIDE Liquidity @10600. LONG POSITIONS waiting @9200 for BREAK of All-Time High and a possible NEW HIGH.
Amazon Inc (AMZN) just completed a Bullish Cross on the 1D time-frame, the first in more than 3 years (February 04 2020)! That alone is the strongest long-term buy signal we could get. On the shorter term, now that the price is comfortably above the Bear Cycle Lower Highs, we will start targeting on every pull-back the upper Fibonacci levels, which match fairly...
Watch today's close with respect to 120.69-121.69 - region defined by the 61.8% retracement of the August decline / 100% ext if the 2023 rally. Initial support now back at the median-line / 114. Bullish invalidation raised to 104.10. A topside breach from here keeps the focus on the September 22' uncovered gap near ~126.28 and the upper parallel near ~130.
This is a once in a lifetime opportunity to buy Amazon stock. The arrival of the golden cross is extremely bullish.
- death cross - bearish divergences - bearish SPX (coming recession)
In period 2021-2022, the entire Sp500 index was pulled by FAAMG (Facebook, Amazon, Apple, Microsoft, Google). Of all these five, Amazon looks weakest. Let's see why? Amazon is engaged in Internet commerce 🌐 During the pandemic, the company felt great, as many people were forced to stay at home and order goods online. However, covid ended and benefits...
Amazon announced that its withdrawal from the Chinese market was attributed to fierce competition from domestic rivals such as Alibaba and JD.com, regulatory challenges and changing consumer habits. In addition, Amazon faced difficulties gaining market share in China, where local players with a deep understanding of the market and strong logistics capabilities...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support. You can also see that over the past months, Amazon has been creating a solid double bottom, weekly...
We have identified a potential base pattern on the Amazon share price that will complete on a close above 114, the reaction high that we saw in January. A close above 114 would complete the base an offer a potential upside target of 147. One to watch! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to...