Amazon ( NASDAQ:AMZN ), the e-commerce giant, is undergoing a profound transformation as it embraces automation at an unprecedented scale. With over 750,000 robots now working alongside its human employees, the company is reshaping the future of work in its fulfillment centers.
This surge in automation comes as Amazon ( NASDAQ:AMZN ) seeks to optimize efficiency,...
Amazon Inc (AMZN) is trading within a Rising Wedge pattern and last week made the new Higher Low on its bottom. At the same time it hit the 1D MA50 (blue trend-line) and technically it is staging the new bullish leg.
With the 1D MACD about to form a Bullish Cross, we get a buy signal similar to May 09. As a result we are initially targeting 156.50 (+20.25%) and...
Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.
I got scared when I saw this chart... Maybe that is why Jeff Bezos is planning on laying off a lot of people...
Let me show you.
AMZN right now is trading right at strong/long-term support.
This critical support is the consolidation box/range from June 2018 through March 2020. This is marked light blue on the chart.
Now, we have strong bearish signals developing...
The Ring brand of Amazon has an app named Neighbors. And this allows people to learn about crime in your area. But recently, it causes people to raise their privacy concerns.
According to Gizmodo, Amazon is currently working to tap into 911 call systems to give updates to neighborhoods. Also, it is communicating with 225 police departments around the United...
Amazon completed last month a decline of more than -30% unsettling investors. But is such a % loss in price that uncommon?
A more careful look into AMZN's price action (log scale) since 2009 and after the markets stabilized from the 2008 crisis, shows that the stock had pull backs of around -30% on another 4 occasions. Each time the stock grew by a minimum of...
In my previous analysis I talked about this drop with a short target about $1569. Right now we can see a bullish divergence on a daily time frame and a short term capitulation, which means the market will have a good bounce around + 12% bounce during this week, targets $1745 and $1820
Amazon has a Double top pattern with bearish divergence at all time high, It did broke the neckline (1902$) and it's currently doing a retest of it, short entry values are $1869 and $1902, with stop loss at $1954 it will take 2 or 3 days, before it starts retracing sharply to its next support zone $1569/$1600 this should be Next week, will probably reach the...
Keep it simple!
I've labeled a soon to be buy zone area, as we approach what could be your big day! Or not!
We have some sell signals, but has been that way since the rise years ago.
We have momentum change occurring on the 4 hour, which still could see a slight sell into my bounce area.
Amazon has not seen a wall yet, so I created one for him. I know right!...
