Right now on the daily chart for AMZN we are looking at a triple top (if we hit the higher green line) or just a lot of trending to the upside at the moment. It will be very hard to value AMZN any higher right now based on the technical. As the US economy continues to open up more people will be out shopping (bad for amzn) shopping local to support local...
Throughout 2021 I've had many conversations with crypto investors talking their position saying that "crypto is the future!" It may very well be but that is not always reflected in the price. Something can simultaneously be the future and go down in value all at the same time. Just look back at NASDAQ:AMZN in 1999!
Amazon stocks will goes down for the next couples of days.... The stock is for sale... D'ont buy now 👇
Trade Proposal: There is a probability of first tp to the proposed ( 3300.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: AMAZON is in Downtrend and It is Expected to Continue Downtrend.
Hello,Traders! AMAZON is trading in an uptrend and is climbing even despite the SPY falling However,the stock is approaching it's all-time-high levels Which acts a strong resistance, that was tested multiple times That makes me locally bearish, and I am expecting a correction Limited by the rising support line Buy! Like, comment and subscribe to boost your...
Hey Guys, How are you doing?😎 This is my Idea and technical analysis for #AMZN , On the lower timeframe we have a Wedge Pattern which is broken now and price is going to Pullback on it then after a good confirmation I think price going to reach $3350.50 as soon as possible, hope you Enjoy.📈 Follow my tradingview page for more tips and technical analysis and...
Amazon continues to attract attention, setting sales records and opening new lines of business. The tech giant is gradually turning attention to the healthcare sector. Several years ago, the company acquired PillPack, which helps shoppers keep track of their prescriptions by pre-sorting them and delivering them right to their homes. Then, at the end of 2020, the...
Very large double top here. The second peak occurred during the record breaking earnings, and still the stock rejected new highs and swung lower. If we see a trend line break, this can tank hard. Inflation, Interest rates, supply chain problems, Fed tapering, are all risks to come. Upside seems very limited with the downside simply a lot steeper.
A daily close above 3300 will likely result in a move much higher and a test of all time highs.
Bitcoin amazon study for giggles.
The price has been able to succesfully break out of the triangle pattern to the downside. We are expecting the price to continue dropping and reach the area plotted on the chart.
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 3223.07 USD
Hello everyone, here is the Technical Analysis of AMAZON. We are still in a consolidating zone, which means we can buy low and sell high. It's just as easy as that. A retest play of the breakout of this consolidating trend is legit. Trade wise!
Chart is clear and easy to understand. Make your own decision and action. Always wait for the market to make its clear price action then trade.
Strong consolidation going on!! A great Buy !!
The price has formed a triangle pattern as shown on the chart. We are expecting the price to break out of the triangle to the upside and reach the area plotted on the graph.