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Amazon Stock Plummets After Earnings ReportDuring the last trading session, Amazon's stock dropped by more than 3.5% , bringing its price below $230 per share. This sharp decline followed the company's quarterly earnings release yesterday, where it reported earnings of $1.86 per share , surpassing the expected $1.49 , and revenue of $187.79 billion , slightly above the $187.30 billion projected. However, investors were disappointed by the company’s sales growth forecast of only 5% for the first quarter of this year, along with a warning about a negative foreign exchange impact exceeding $2 billion. This has led to a decline in confidence, reinforcing a persistent bearish bias in Amazon’s stock price. Bearish Trend Strengthens Currently, a significant downward trendline has been in place since the last months of 2024. But the recent sell-off has raised doubts about the buying strength seen in previous sessions. If bearish pressure continues to increase, it could pose a considerable risk to the current market structure in the short term. Neutrality Begins to Take Over Both the RSI and CCI indicators have quickly dropped to their respective neutral levels— 50 for RSI and 0 for CCI. This suggests that recent price movements have turned neutral, making it unclear which force is currently dominating the market. If these indicators continue to hold within neutral territory, a potential sideways consolidation could emerge on the daily chart. Key Levels to Watch: $240 – The most important resistance level, representing the latest highs recorded by the stock. A breakout above this zone could reignite the long-term uptrend from last year and trigger sustained buying pressure. $228 – A critical support zone that aligns with previous lows, as well as the uptrend line. If sellers push the price below this level, the bearish bias could strengthen, leading to a deeper downside correction in the short term. $216 – Final support level, corresponding to the January lows and the Ichimoku cloud barrier in the short term. If selling pressure drags the price to this level, it could invalidate the current bullish structure on the chart. By Julian Pineda, CFA – Market Analyst
NASDAQ:AMZN
by FOREXcom
1
Your Most Requested Stocks Are Here - 15 Stocks, 15 Analyses!Hello readers, Just a few days ago, I ran a "poll" - huge thanks to everyone who participated in the comments! The response was amazing: 130 mentions, 80 different stocks, and 15 tickers that stood out with multiple mentions. Stay tuned as I break down the most requested ones! I initially planned to let this run longer, but interest has cooled off a bit, so I’ve decided to wrap it up and start summarizing the results so you can analyze them through the weekend. Now, let’s get to it: ✅ A technical breakdown of 15 stocks. ✅ Key price levels and volatility zones to watch. ✅ Possible scenarios and setups based on the charts. Some charts tell a clear story, while others… well, let’s just say not all price action is tradable and I’ll explain why. Which stocks made the list? Scroll down and let’s dive in! 15. Microsoft (MSFT) Looking at Microsoft's price movements, I wouldn’t rush into a position just yet. The stock has been stuck in this price zone for more than a year. While buying at the current levels could work out, there is also a risk that it remains in this range for another year. Instead, I see two scenarios that offer a better approach: 1. This scenario relies on waiting for a pullback. A better price = better future returns. If the price drops to $290–$355/360, I would be ready to buy. Lower price levels often offer new liquidity, providing stronger momentum in the years ahead. 2. Wait for confirmation instead of guessing. Let the market show that investors are willing to push MSFT to higher levels before entering. Over the past year, the price action has established a resistance zone at $450–$460. A monthly close above this level would provide confirmation. However, patience is still key because the round number $500 could act as an obstacle. After a breakout, you have another two options: Buy immediately after the breakout is confirmed - monthly close needed - or wait for a rejection from $500 before entering. This could provide an opportunity to buy at a similar price but with more confirmation and a stronger support level. This approach increases the chances that investment starts working more efficiently and from a better technical position. 14. Robinhood Markets (HOOD) There isn’t much to say, the stock is flying. However, to add an educational perspective, these small pauses in the movement can create liquidity zones after a pullback. If the stock pulls back and you find yourself wondering “Where is the right spot to enter?”, these pause areas provide potential opportunities. While this isn’t necessarily a setup, using these pullbacks effectively can help scale up your position in the stock or initiate a new one. Many traders hesitate, thinking, "It's too expensive, it's too expensive," suddenly the price pulls back to a pause area. When that happens, you already know what to do - set your alerts. 13. Salesforce (CRM) Confirmed Breakout: We have three clean previous yearly highs - we mark them. As investors, not traders, we focus on the strongest zone - we connect them. Within this zone, there is a minor round number at $300, and for me, the strongest retest area is currently at $270–$300. This level could serve as a key support zone for potential future entries. 12. Intel Corporation (INTC) This is quite a difficult chart with poor price action, making it challenging to navigate. Personally, I wouldn’t take any action until one of these two scenarios becomes valid. Deeper pullback for liquidity – The drop has been strong and intense and we could see lower prices as in 1996. A move below the current support level could attract new liquidity and hopefully, make the stock more attractive to investors. Break above the strongest resistance – This scenario is highly time-consuming. Right now, the stock is trading below a major resistance area, and recovering won’t be easy, especially after such a sharp drop from a 2023 positive price trend. A break above $28 would make it more attractive for me. For those already holding INTC, selling could be a strategic move. You could potentially buy back at lower prices, reducing the risk of having your investment stuck for several years. Given the current price action, breaking back above resistance will be a difficult battle - there are much better opportunities. 11. Novo Nordisk (NOVO_B) I mentioned this stock on TradingView a few months ago, as well as at a financial conference in Estonia. The price has moved a bit but here is the initial technical thesis: The key area remains 500–600 DKK, with the following criteria: - A small pause in price movement, similar to what I discussed in the HOOD analysis. - 50% retracement from the all-time high—for large-gap stocks, this level can offer strong volatility, if the fundamentals, in general, remain stable. - The round number at 500 DKK, which could act as a psychological support level. 10. Coinbase (COIN) A year and a half ago, I posted an analysis on TradingView about COIN, currently up almost 300% , highlighting an Inverted Head and Shoulders pattern. That pattern is also present today but on a much larger scale. Hopefully, history repeats itself and the outcome will be the same ;) Currently, we have a massive Inverted Head and Shoulders pattern. This pattern becomes valid only after a breakout from the neckline. Which has already happened! The price has also tested the neckline, but the movement has remained limited due to the strong resistance zone at $260–$290. Despite this, there has been a minor breakout above this level and from a technical standpoint, the price is currently trading within a potential buying zone for those interested. Key criteria: - A bullish Inverted Head and Shoulders pattern is in place. - The neckline breakout has already occurred. - A minor breakout above the strong $260–$290 zone suggests further potential. 9. Meta Platforms (META) "Pause areas" – If someone randomly picks stocks each month, for example, Apple this month, Amazon or Meta next month, then these price levels can be extremely useful for deciding what to buy. For META, the key picking areas are marked on the chart as reference points for potential pickers: 8. NIO (NIO) Mentioned three times, and I feel sorry for those expecting a useful analysis on NIO - I don’t have one. Technically, there is nothing to work with here. The price action is basically dead, moving randomly without any clear structure. Yes, I could draw lines and mark support levels but that would be misleading for both - you and me. Volume has dropped significantly compared to previous movements. When volume declines this much, previous price levels become irrelevant. As I mentioned at the beginning, if there’s something to analyze, I’ll share it. Right now, there isn’t. ------------- Closing Section (For TradingView Post), that wraps up the first eight stocks from the picks! I hope you found this analysis valuable but that's not all! The remaining 7 stocks are now live on my Substack-ENG, including: 🔹 Tesla (TSLA) – Will history repeat itself? 🔹 Amazon (AMZN) – Smart entry levels instead of buying at all-time highs. 🔹 Palantir (PLTR) – The high-risk, high-reward case. …and four more stocks that were highly requested! Substack-ENG link is in my BIO (clicking the website icon), or you can find it by scrolling up - just below the main image. See you there, Vaido Disclaimer: This post is not investment advice, and the ideas presented are not recommendations to buy or sell any securities. It is intended for educational and analytical purposes, reflecting my personal view of the current market situation. Every investor should conduct their own independent analysis and consider the risks before making any decisions.
NASDAQ:NVDALong
by VaidoVeek
6
AMAZON -- Results of Buying before the SplitSharing some insights of when I bought Amazon before the split, It was a great decision as it has given my portfolio a great boost. It has been very bullish trending higher, and February started off on a good note so far. Ideally I would love to see it take the Previous months highs and keep pumping. I would not be surprised if it reached MIL:1K per stock again. BUT NOT FINANCIAL ADVICE, and I also have no real data to support this theory yet. It is just my biased beliefs. Stocks, Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
NASDAQ:AMZNLong
by BDripTradess
Amazon (NASDAQ:$AMZN) Slides 4% Amidst Cloud Growth SlowdownAmazon (NASDAQ: AMZN) shares slid nearly 4% in pre-market trading on Friday, as investors reacted to a slowdown in the company's cloud growth and a subdued sales forecast for the current quarter. The dip comes despite strong performance in Amazon's retail segment and a broader technical breakout that suggests the stock may be poised for a significant upward move in the coming months. Let’s dive into the technical and fundamental factors driving Amazon’s current market dynamics and why this dip could be a buying opportunity for long-term investors. Cloud Growth Slowdown Weighs on Sentiment Amazon Web Services (AWS), the company’s cloud computing division and a key profit driver, reported a 19% year-over-year revenue increase to $28.79 billion for the quarter. While this growth is impressive, it fell slightly short of analyst expectations of $28.87 billion, according to LSEG data. This miss has raised concerns about the competitive pressures AWS faces from rivals like Microsoft Azure and Google Cloud, as well as emerging low-cost competitors such as China’s DeepSeek. Technical Outlook From a technical perspective, Amazon’s stock chart tells an intriguing story. As of Friday’s pre-market trading, AMZN was down 2.78%, but the stock recently broke out of a falling trend channel, signaling a potential reversal of its previous downtrend. While the stock has yet to capitalize on this breakout, the current dip could be interpreted as a "shakeout" before a significant upward move. Key technical indicators support this bullish thesis: - Relative Strength Index (RSI): The RSI remains strong at 60, indicating that the stock is neither overbought nor oversold and has room to climb. - Moving Averages: AMZN is trading well above its 50-day, 100-day, and 200-day moving averages, a sign of strong underlying momentum and bullish sentiment. This technical setup suggests that the pre-market dip may be a temporary pullback rather than the start of a sustained downtrend. For traders and investors, this could present an attractive entry point. Strong Revenue and Earnings Growth Amazon’s financial performance in 2024 has been impressive, with revenue reaching $637.96 billion, a 10.99% increase compared to the previous year’s $574.79 billion. Earnings surged by 94.73% to $59.25 billion, reflecting the company’s ability to scale profitability even as it invests heavily in growth areas like AI and cloud infrastructure. The company’s 12-month forward price-to-earnings (P/E) ratio of 37.3 is higher than peers like Alphabet (22.7) and Microsoft (30.1), but this premium is justified given Amazon’s diversified business model, dominant market position, and long-term growth potential. Analyst Sentiment: Strong Buy Rating Wall Street remains overwhelmingly bullish on Amazon. According to 43 analysts, the average rating for AMZN stock is a "Strong Buy," with a 12-month price target of $254.3, representing a 6.48% upside from the latest price. At least seven brokerages raised their price targets following the earnings report, bringing the median target to $260. Analysts are optimistic about Amazon’s ability to navigate near-term challenges and capitalize on long-term growth opportunities in AI, cloud computing, and e-commerce. The company’s heavy investments in AI infrastructure, while weighing on margins in the short term, are expected to pay off handsomely in the coming years.
NASDAQ:AMZNLong
by DEXWireNews
US100 Trade LogUS100 analysis: Three "buy zones" identified for potential entries with distinct risk levels. 1. "Zone 1" : Near the "4H Kijun" and prior weak high, aiming for short-term rebound with controlled risk. 2. "Zone 2" : Aligns with deeper "4H FVG" support. This setup offers a higher conviction for a reversal targeting the mid-range. 3. "Zone 3" : Major buy zone with strong confluence at the "PML" and "1H FVG" . Willing to risk 2% for a potential return of up to 10%, depending on upcoming earnings. Each zone represents escalating risk-reward setups, ensuring precise risk management across macro support structures. Consider macro headwinds and earnings season's volatility.
PEPPERSTONE:NAS100Long
by Fondera
AMAZON going for a DIP on the 4HCrystal ball has spoken, AMZN is due for a small DIP. Trend Analysis: • The price is trading in an overall uptrend, respecting the 50 EMA (yellow) and 20 EMA (gold), indicating strong bullish momentum. • Recent price action has formed higher highs and higher lows, maintaining bullish structure. JP StochDemark Indicator Insights: • The indicator is approaching overbought levels, currently crossing above the 80 threshold, which signals potential exhaustion in the short term. • Bearish divergence is forming as price makes new highs while the indicator fails to confirm. • Previous occurrences of such setups led to short-term pullbacks before continuation. Support & Resistance Levels: • Immediate resistance at $236-$238, aligning with recent highs. • Short-term support at $ 225 , where moving averages align. • Strong demand zone around $210-$215, coinciding with prior consolidation. Trade Signal & Probability: Bullish Bias : Continuation likely if price sustains above $ 230 with momentum confirmation. Bearish Pullback : A corrective dip to the $225 zone is probable if momentum weakens. Target Levels : Upside targets at $240 (psychological resistance) and $250 if momentum persists. Risk Levels : Watch for breakdown below $225, which could trigger further downside to $215. Conclusion : Momentum remains bullish but overbought signals suggest caution. Monitor for a healthy retracement before continuation. A break above $238 could confirm further bullish momentum. Like the analysis? Follow, Subscribe for more...
NASDAQ:AMZNShort
by OG_Doge
1
Amazon (AMZN) Continuation Breakout in FocusChart Analysis: Amazon's price action showcases a breakout from a consolidation channel (green shaded area), confirming the resumption of its broader uptrend. 1️⃣ Rising Trendline Support (Blue): The price continues to respect the ascending trendline originating from September 2024 lows. This trendline acts as a dynamic support zone, reinforcing the bullish structure. 2️⃣ Consolidation Channel Breakout: After a brief consolidation in a descending channel, the price has broken out to the upside, signaling bullish continuation. A decisive daily close above the channel confirms renewed buying interest. 3️⃣ Moving Averages: 50-day SMA (blue): Positioned at $217.48, rising and providing strong dynamic support. 200-day SMA (red): Positioned at $192.35, further underpinning the long-term bullish trend. 4️⃣ Momentum Indicators: RSI: At 60.32, signaling strong upward momentum but still below overbought levels. MACD: Positive crossover continues to support the bullish momentum. What to Watch: Sustained trading above the breakout level to confirm the continuation of the rally. Potential resistance near $240-$250, the next significant zone to watch. Pullbacks to the 50-day SMA or the ascending trendline could provide buying opportunities for trend followers. Amazon's breakout from consolidation and its adherence to the ascending trendline suggest the stock is poised for further gains, supported by strong momentum and rising moving averages. -MW
NASDAQ:AMZN
by FOREXcom
Nancy Pelosi bought Amazon Calls! 📈 Bullish Opportunity: Amazon (AMZN) 1️⃣ Bullish Flag Pattern with Premarket Breakout: Amazon has formed a classic bullish flag pattern, which is a reliable continuation signal in an uptrend. The price has already broken out of the flag channel in the premarket session, signaling strong bullish momentum and potential for significant upside. 2️⃣ Amazon’s Cloud Leadership is Poised to Strengthen: AWS (Amazon Web Services) continues to lead the cloud infrastructure market, controlling 33% of the market—more than Azure and Google Cloud combined, according to Canalys. CEO Andy Jassy noted four consecutive quarters of reaccelerating AWS growth, with an annualized revenue run rate of $110 billion. 3️⃣ AI Advancements Reasserting Dominance: While Microsoft is seen as the leader in the AI revolution, Amazon is catching up fast. Over the past 18 months, AWS released nearly twice as many machine learning and generative AI features as competitors combined. These advancements are expected to make Amazon a leader in AI throughout 2025, further enhancing its cloud and technology business. 4️⃣ E-commerce Profitability Soaring: CEO Andy Jassy’s focus on cost-cutting and logistics efficiency is delivering results: Operating income in Amazon’s North American e-commerce segment grew by 87% in the first nine months of 2024. Automation advancements, like robotics in fulfillment centers, have reduced processing times and improved cost efficiency by 25% during peak times. These measures are driving higher profitability in its flagship e-commerce business, helping Amazon increase margins and drive long-term growth. 5️⃣ Undervalued and Strong Growth Potential: Simply Wall Street estimates Amazon is trading at 40.5% below fair value, offering an attractive entry point for investors. 6️⃣ Smart Money Confidence: Nancy Pelosi recently purchased Amazon calls 3 days ago! 7️⃣ Analyst Ratings: Consensus: Strong Buy from top analysts. Average Price Target: $245 (near-term expectations). High Price Target: $280 (bullish scenario). 🎯 Strategy: Enter now : $225.94 - $228.50 First Target : $240 (First resistance after breakout). Second Target : $260 (Measured move from the flagpole). Third Target : $280 (High-end analyst expectations). Stop Loss: Based on the risk management.
NASDAQ:AMZNLong
by FinanceProSignals
3
Mo money Mo money AMZN to the moon ? AMZN: Bull Flag on Daily Chart Amazon (AMZN) is forming a bullish flag pattern on the daily chart, indicating potential for further upward movement. This pattern typically suggests a continuation of the prior uptrend after a period of consolidation. Key observations: Bull Flag Structure: After a strong upward surge, AMZN has entered a consolidation phase, creating a flag-like formation with parallel downward-sloping lines. Volume Dynamics: The initial breakout was accompanied by high volume, while the consolidation phase has seen diminishing volume, a classic characteristic of a bull flag. Support and Resistance Levels: The resistance level is observed around , with support at , defining the flag boundaries. Moving Averages: AMZN is holding above the , which may provide additional support and align with the bullish outlook. Potential Breakout: A breakout above the upper boundary of the flag could propel AMZN toward , based on the flagpole's length projection. Watch for a breakout with increasing volume to confirm the bullish continuation. Keep an eye on broader market trends and any news that may influence AMZN's price action.
NASDAQ:AMZNLong
by ThanksNeo
Amazon’s Stock Stuck in a Downhill Slope or Ready to Escape ?Amazon's stock price movement on a 4-hour timeframe, presenting a descending channel pattern. This pattern is often associated with bearish sentiment, as it reflects a market structure characterized by lower highs and lower lows, signaling a consistent effort by sellers to dominate price action. Currently, the price is trading near the upper boundary of the channel, which acts as a dynamic resistance level. Historically, such resistance zones within descending channels tend to attract selling pressure, reinforcing the bearish outlook. If the price fails to break above this resistance and shows rejection signs (e.g., long wicks or bearish candlesticks), it could confirm a continuation of the downtrend, targeting the lower boundary of the channel as the next support level. It is crucial to monitor this resistance area closely, as a breakout above the channel could shift the sentiment from bearish to bullish. For such a breakout to be credible, it must be accompanied by strong volume and decisive candlestick patterns, such as a bullish engulfing or a breakout gap. In that scenario, the price could invalidate the descending channel and initiate a reversal, targeting higher resistance levels. Additionally, the broader market context and fundamental factors should be considered. If the stock is supported by positive catalysts or market sentiment, it could strengthen the likelihood of a breakout. Conversely, weak sentiment or negative news could intensify the bearish momentum, leading to further downside. The chart currently reflects a bearish bias due to the descending channel structure. However, the key to determining the next move lies in the price action and volume near the upper resistance line, which will decide whether the pattern continues or reverses.
NASDAQ:AMZNShort
by wolfchemist
11
AMAZON: Neutral on 1D signals a buy opportunity.AMAZON is neutral on its 1D technical outlook (RSI = 52.618, MACD = 1.360, ADX = 32.455) and is trading under its 4H MA50. With the long term pattern being a Channel Up and the price already hitting its bottom, this emerges as a medium term buy opportunity. The Channel's pullback has already met the 0.382 Fibonacci retracement condition, which is the level all three prior pullbacks hit before rebounding on a new bullish wave. Those waves hit at least the -0.382 Fibonacci extension on their way up, so that is our target (TP = 247.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMZNLong
by InvestingScope
Amazon Stock Analysis: Navigating the Path Between E-Commerce Amazon Stock Analysis: Navigating the Path Between E-Commerce Strength and Market Volatility Introduction Hello, traders and investors! It’s Denis Mikheev from TheWaved™, here to deliver an in-depth analysis of Amazon’s stock (NASDAQ: AMZN). With the help of our premium tools and techniques, we’re diving deep into technical, VSA, and fundamental analysis to uncover the best strategies for the upcoming market movements. Let’s break down what’s happening with AMZN and set clear targets for trading this powerhouse of e-commerce. Recent Performance and Market Context Amazon’s current price sits at $219.27, with a noticeable decline from its 2024 absolute high of $233​. This 5.89% drop aligns with recent sell-offs driven by macroeconomic headwinds and profit-taking from the December highs. The stock is trading in a consolidation phase, sitting between strong support zones at $214.99 and $209.11 and resistance levels at $223 and $228​​. With the broader NASDAQ index displaying mixed momentum, Amazon remains a critical stock to watch. Support Levels: - 1. 214.99 2. 209.11 3. 198.78 4. 182.62 5. 177.95 Resistance Levels: - 1. 214.99 2. 209.11 3. 198.78 4. 182.62 5. 177.95 Powerful Resistance Levels: - 1. 180.095 2. 151.49 3. 116.04 4. 87.57 Technical Analysis: Key Levels and Trends Support Levels: 214.99, 209.11, 198.78 Resistance Levels: 223.00, 228.00, 233.00 Key Moving Averages: - MA50 (Hourly): 220.01 - MA200 (Hourly): 223.16 RSI Insights: The RSI-14 currently reads 52.91, indicating a neutral market condition but leaning towards bullish potential on strong volume signals​. These technical indicators suggest price consolidation, but with bullish potential as the RSI edges upward and MA200 looms as a key dynamic resistance level. Volume Spread Analysis (VSA): Detecting Market Intentions Analyzing VSA patterns from recent trading sessions reveals mixed signals. A notable “Buy Volumes Take Over” pattern on January 10 suggested short-term buying strength, but was quickly followed by a reversal due to increased sell volumes​​. This signals that smart money may be accumulating positions before a larger move. Price Action and Patterns On January 6, a strong “Buy Volumes Max” pattern indicated bullish intentions, but resistance at $228.23 capped further growth. On January 7, a “VSA Sell Pattern 3rd” hinted at a bearish reversal, driving prices back to support levels​. Key takeaway: The interaction between support at $214.99 and resistance at $223 will be pivotal in determining the next directional breakout. Fundamental Factors to Watch Amazon’s fundamentals remain strong, with steady revenue growth driven by AWS (cloud services) and robust e-commerce performance during the holiday season. However, rising interest rates and inflationary pressures continue to dampen consumer spending and could act as a headwind. Trading Plan: Targets and Stop-Loss Levels Based on the current setup, here’s a practical trading roadmap: Short-Term Bullish Scenario: Entry: Above $223 after confirmation of a breakout. Targets: $228, $233. Stop-Loss: $220. Bearish Alternative: Entry: Below $214 with strong bearish candles. Targets: $209, $198.78. Stop-Loss: $217. Forecast: Where Are We Headed? In the short term, Amazon is poised for a potential bullish breakout if it clears resistance at $223. However, caution is warranted if macroeconomic conditions shift. Our long-term view remains cautiously optimistic, with a forecast targeting $240+ by Q2 2025 as the broader market stabilizes. Conclusion and Call to Action This analysis is powered by TheWaved™, utilizing advanced tools and methodologies. If you have any questions or want a deeper dive into our methods, feel free to reach out via direct messages. Remember, all the professional indicators and insights are available in the profile header. Follow for more ideas, and let’s trade smarter, not harder! Concept of Rays Explanation of the "Rays from the Beginning of Movement" Concept Core Idea My proprietary analysis method is based on using rays constructed on Fibonacci mathematical and geometric principles. These rays create a system of dynamic levels that help predict precise asset movements and identify key zones where price interactions occur. Price interaction with these rays signals probable scenarios: either a reversal or a continuation of movement, but only after interaction and the appearance of dynamic factors and patterns. Why Predicting Specific Levels is Not Possible Financial markets are nonlinear systems, where price movement is determined by numerous variables, including market volumes, liquidity, macroeconomic factors, and participant psychology. Instead of attempting to predict specific levels, I propose analyzing probabilities of price reaction at pre-calculated key zones. Price interaction with rays provides additional insights into the direction and strength of movement. Stay sharp, trade safe, and may the markets favor your strategy!
NASDAQ:AMZN
by brandlabelden