🤔 Pre market right now showing 2675 which puts it almost near the top of the rising wedge. Amazon would have to go parabolic to break to the upside at this rate. Keep eyes glued and play the breakouts. All indicators still green on the daily. Best of luck, happy trading! 🥇MLT | MAJOR LEAGUE TRADER
🤔 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 big probability that Amazon will keep falling down after a strong breakout
We have just recent established a upper trend line. The fib 1.618 from previously high/bottom is at 2520. Target would be 1750 area, but depends on tempo Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
Hello everybody, please follow and support my analysis with a like. AMZN is giving strong short term bearish signal for today's session. Sell AMZN
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...
Josh believes AMZN is going to 1750 for no reason other than his Jewish intuition. Buy the Rumor, Sell the News, Never Doubt the freakin' Jews
Amazon is making perfect parallel channel and we are looking if price breaks parallel channel, short position can be opened when daily close is below 1720 for a target of 1410. Another confirmation is to wait for bearish candle on daily right below channel. SL 1850 If price continues going down below 1410 it will complete double top formation. Price breakout...
NASDAQ:AMZN Amazon has been in a dowtrend since it urned at 2025.00,and it has recently passed the 1815.00 area it broke below it i am hoping to sell the stock up until 1736.50 area
Very strong downward channel for $AMZN and once the rising channel and Ichimoku Cloud breaks below $1820 a very big correction may be on cards.
The steady decline of Amazon is clear to see if you just open your eyes, but people don't want to do that as they are brainwashed!! A recession is coming, if you cant see it then you will loose everything! Simple as that really.. Look at the bigger picture and don't believe all the s#it you are fed by the government and big business owners.. of course they don't...
Not financial Advice, but i think Head and Shoulders downward break to target of $700, i will buy at $750- $800.
I am predicting it will reach the green area be the time and date shown
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
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron