AMZN trending with strong bullish trends.Amazon presents strong bullish patterns with the medium volume that is expected to raise with Q1 announcement. A risk tolerance trader target at 3914$ reachable. Short term target at 3087$
Amazonlong
AMAZONGreat purchasing power on Amazon stocks, thus breaking the strength of the Triangle!
The rise is expected to continue strongly and form a new resistance point that this stock has not previously reached in its history!
#AMAZON - SHOWS A GOOD BULLISH SIGNAL Hello my friends, Please support my free analysis by dropping likes, follow me and why not you can comment as well :)
For any additional info don't hesitate to contact me :)
Enjoy!
Amazon will fly to 2873there is a good probability that amazon will go up to 2783 and that's when people should sell.
Comparison of Rising WedgesTwo rising wedges ATVI and AMZN
ATVI has already undergone a breakdown phase good for a short due to it being at a critical Fibonacci resistance, looking to recover on a long term uptrend
AMZN is quite extended and should pullback
AMZN working hard or hardly working?AMZN has proven itself to has bullish features, but is that momentum slowing down? MA's indicate so, for now, momentum can be seen to be slower than the normal rapid bullish movements that are seen. This momentum will resume once MA's decide on a direction whether it be upwards and continuation of this very weak upward trend or breakdown to begin a new respectable move upward. I would either go long on this or short it.
AMAZON COM INC (AMZN) WeeklyDates in the future with the highest probability for price direction reversals
Amazon getting power for the uptrendAmazon 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.
#Amazon - 30% increase ahead? #amznLooks like there'll be no more Stocks left tomorrow. A 30% rise wouldn't surprise me.
$AMZN MASSIVE Cup With Handle$AMZN forming a huge cup with handle pattern on the weekly and just broke out of its base. Price targett $2300
JEFF BEZOS IS ABOUT TO BLESS USAmazon hasn't done that much while other major stocks have pumped stupid amounts. This market might be in a bubble but the trend is your friend. We are in a huge wedge and we look like we should break out soon. Enter on a retest of the top of the wedge or buy the bottom.
AMZN, Amazon.com Inc. - Cup & HandleNASDAQ:AMZN
We are getting closer and closer to the endurance breakout of this splendid Cup & Handle.
Despite the speculations in which we think that sooner or later there is a big retracement in the market, our focus is always on researching the classic patterns of technical analysis, and our study of price action is never influenced by external informations or medias.
We have the backtest that guides us in managing the position, and if we operate outside the parameters we studied, we would not replicate the results we expect.
The key is to be a trader who operates in a totally mechanical, not emotional way.
AMZN - Skys the limitAMZN, IMO - is the best company to have in your portfolio for a long-term hold.
It's investment into one day shipping paid off, AWS is just getting stronger & more efficient, and advertising revenue still appears to be market penetrating and giving Amazons bottom line and financials a nice boost.
Didn't want to put too much detail on the chart, other than a few indicators, because I'm curious to see how it trades tomorrow. Could be similar to TSLA - but expecting a small pullback before buyers start ramping up.
Will be fun to watch Amazon continue to grow and venture into new markets and watch for more news on it's investment in RIVIAN.
GLTA
AMZN RSI ContinuationBullish RSI continuation. Strong regression trend, Pearson's R value of 0.93 on the monthly chart. A possible cup and handle also.
Potential Long - BUY AMAZONNice bullish momentum with the break above previous structure.
load to Go NORTH !!
AMZN Buy Opportunity AMZN has formed a large double bottom buy, continuation of the bullish uptrend is likely, with the recent formation of this rounded bottom.
AMZN Gap FillAMZN Gap Fill is well underway. Already have confirmation on the 5m, 15m, 30m, 1hr charts. With the way it popped yesterday, Don't be surprised if we get back to $1900 in short order.
*Key Support at $1865 held and that's where she opened this morning
*Immediate bounce up to $1880 level showed some pretty good strength while rest of market was searching for direction - except for $TSLA which apparently just hit ludicrous speed...
*Retraced to 1870 after bump up to $1883...didn't even bother to make double bottom shows the bulls are still in control.
*Following identical pattern to yesterday's slow, continuous buy-build-buy-build basing.
*Bull pennant and nice strong uptrend (maybe a better indicator than the gap fill) has formed on 5m candles and continues to hold.
