Analysis of AMZN Stock: Price at 1.5-Month Low As shown in the AMZN chart, the stock price dropped below: → the psychological level of $180; → the mid-June interim low. The last time AMZN traded below $180 was in early June. Thus, AMZN has faced sell-offs, similar to other tech stocks whose charts we've published this week. A widely mentioned reason for the...
Hello,Traders! AMAZON was trading along The rising support line but The we saw a breakout so We are bearish biased and After the pullback and Retest of the broken support We will be expecting a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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NASDAQ:AMZN has room to $214 on the weekly chart as continuation of the previous all-time high breakout at $191.70. Watch over last week's high of $200.55.
NASDAQ:AMZN weekly chart shows that it is holding the previous all-time high breakout at $191.70. It is also holding the weekly 5 SMA, which would provide a good entry to average up on the swing after taking profit last week. Jeff Bezos selling at $200+ needs to be cleared out before the stock can continue higher, and it appears that he has sold about 33% of the...
NASDAQ:AMZN is at key weekly and daily demand zones which have held up for the past several months. The daily 100 EMA and weekly 20 EMA have served as strong demand zones on this entire move higher after last earnings season, and we have been swinging the stock long from these levels in the $170s, before scaling out at $190 and $200 targets. This dip into $182 is...
181 Below trendline breakdown possible 180/178/175/170/166 can test if sustain below that level
Amazon should continue to decline with the magenta-colored wave (4) into our same-colored Target Zone between $176.91 and $161.83. As soon as it has established the corrective low there, a rise above the resistance at $201.31 is on the agenda. However, we will already see the price in the magenta-colored wave alt. (5) should the resistance be broken early.
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Due to a piercing candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect Amazon to correct to price levels below in black from where I expect it to rally to new all time high.
I LOVE The selling. AND THIS IDEA is over earnings. I DO PLAN on it being a slightly volatile spread, but with any buying or resting, theta should take over and the 200 SMA will slowly creep up. This has MANY check marks and should work nicely
Hello,Traders! AMAZON is trading in an Uptrend but the stock is Going down in a correction But will soon hit a horizontal Support of 190$ from where We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
193 below support breakdown possible can test the following level if sustain 192.30/191.50/190/188.50
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✅AMAZON will soon retest a key support level of 190$ While trading in a strong uptrend So I think that the stocks will make a rebound And go up to retest the supply level above at around 200$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Most of the top holding is in Demand zone along with spy. So technically yes there is no issue with the level. If it hits your Sl. Take it and move on. I have shared what I added today
While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while...
Amzn stock is continuously trading in bullish trend and also not able to break the resistance at 200-204 . the diverse pattern is clearly visible between price and indicators data . for weekly trade we have short recommendation in amazon stock. write in comment section for more information.