🤔 The big daddy of e-commerce looks like it could be at a tipping point! MASSIVE ascending wedge! We are now getting the compression at the tip of the iceberg. This pattern can show signs of extreme exhaustion. What you will want to do is play the breakout of the wedge, almost like how I showed on spx500 before the dump. 2515 is current support that MUST HOLD!...
Hello everybody, the AMAZON stock price seems entering in an equilibrium range since 14 April, after passing a good uptrend since 16 March. In the actual conditions, the AMZN stock price will continue in its equilibrium, but could at any time break it : - above which mean another increasing trend - or below the rectangle which means a decreasing trend.
there is a good probability that amazon will go up to 2783 and that's when people should sell.
Amazon just crossed 200 EMA on 17th December 2019 and On the other hand Amazon announced to launch its services in Germany. So this Ecommerce Giant is growing more and more. So I am going Long on this stock.
Bullish RSI continuation. Strong regression trend, Pearson's R value of 0.93 on the monthly chart. A possible cup and handle also.
AMZN has formed a large double bottom buy, continuation of the bullish uptrend is likely, with the recent formation of this rounded bottom.
Amazon daily chart shows higher lows and higher highs. I have decided to go long with a proper risk management. I'm going to risk ~2% of my account here. AMZN LONG TRADE SETUP: Entry: 1739.43 (or at the opening of 18th Nov) SL: 1681.62 ($57.81 from entry) 1. TP: 1811.69 ($72.26 from entry - 1:1.25R) 2. TP: 1933.25 ($193.82 from entry - 1:3.35R) Risk: ~2% ...
Target : 2206 Stop Loss : 1700 Entry Around - Below 1800 -1750
Possible completion of a Shark on the Amazon chart. Two possible C points of the pattern, converging in the area of the 0.886 retracement – 1.13 extension ($ 1970/2100). Stop loss at $ 1395/1400.
If the price breaks the resistance, it will go up
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
AMZN lost -16,83% from it`s all-time by 847.21 (2016/10/16) until 710.10 (2016/11/14) Meanwhile the 2nd main upside trend broked also - with a GAP! And this GAP is also the 1st target to get back on a bullish track. I am slightly optimistic, but i want a visual evidence - want to see the shares even to trade between 789.49 & 815.43. Buying before is also an...