Hello Friends ! -- please support us with like and share with us your opinion in comment --------------- So, as you see the market was in a downtrend (marked in green) follow by a high volume at the bottom and a candle that breaks the VWAP , so now is the right time to buy shares . and you can strengthen your position in the candle marked in the graphic Thank you
Amazon broke out of that falling wedge, making our way back up to 3500 may not hit 3500 but with analyst unchanged PT of 3400 we can expect some good bullish runs these upcoming days. If we drop below 3075.43 we can see a move down to 2971.35. If we hold above 3075.43 we can see a move up to retest that resistance zone at 3240.00
Prime Day Prime day happens every year since 2015. This event allows AMZN prime members to access exclusive discounts for 2 days. This usually happens in July but due to COVID-19 it did not happen this year. Rumors are now circulating that Prime day will be announced soon, the general consensus is that it will be Oct 5-6 and no later than Oct 20. 15 days prior...
Hello traders, Description of the analysis: AMAZON ( AMZN ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM...
Though we’re just holding on to our longs on AMZN, it’s remarkable to say that we’re at all time highs with this bullish breakout. Further maximizing on existing longs on AMZN targeting a potential wave (v) upside target of 4,000.
My buy zone and target for Amazon. Amazon is reaching an apex point, it should make a move soon. I think as long as the support trend line hold amazon should be a good buy. A break below the support trend line would invalidate this ascending triangle. (Not financial advice)
after the breakout of the triangle, and more essentially the pullback on it, there is a great opportunity to buy the stock. The target is expected to be the length of the triangle which coincides with the 50% Fibonacci level, this could occur if the breakout of the 38.2% Fibonacci level occurs, if so, you have 90% chances that the target will be reached. Focus on...
Amazon is forming a beautiful ascending triangle on the 1D chart, while holding the 21 day EMA. R:R is very good for a long here.
Amazon has activated a second impulse with a potential target to 3900$ +17.8% from current price. If there's a bearish breakout of the channel the target would be cancelled.
AMZN one final push to new highs targeting the 3640 level. Looking to place some longs on AMZN with some vertical spreads, check video update for trade execution details.
Big buy signal Bullflag right above major trendline Looks great
AMZN uptrend still in play. Up to the medium time frames and above, our AMZN longs is moving into the money as AMZN is starting to move higher targeting the 3645 level. Focus is on remaining 3 impulse move higher for us to book our AMZN longs possibly into September. Looking to also scale in with more longs with this momentum play on AMZN at current levels Check...
AMZN price is following an uptrend at the moment. The blue line being the support of this history happening at the moment. The gape will be probably filled before observing another push up, the blue line have shown in the past that when the market comes to it, it pullback in other direction. The blue line is probability, therefore, an amazingly interesting entry...
Hello Beautiful People, the price has hit the bottom of the channel. I see the price moving up from this point. Happy trades ! ;)
2873 current range supports as we develop a doji candle. Want to look to see if this is Distribution Look to play the breakout and confirm with the drop from overbought rsi and the ema dots to shoot red. Neutral.