$AMZN will split its stock effective next Friday. We are long a call spread $2300/2500. Risk reward is in your favor. You risk $4000 to make $16000 in case the e-commerce giant rallies post the split. The expiration of this call spread is for June 10th, to give some time for the buyers to step in. For today, see if it can close the gap to its 21 EMA (black line on chart).
$AMZN was a big winner for our portfolio as the e-commerce giant showed good relative strength yesterday from the open. It managed to reverse early losses and closed above the prior low. From a technical perspective the move from the channel to $2050 has made it oversold enough that it has a bigger potential to bounce than most other tech stocks. It needs a close...
Amazon on a pretty nice zone to accumulate long term. RSI below 2.00.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$AMZN retraced 61.8% of the last swing. This should mark the bottom, Target1 2770 - By next week.
AMZN breaking daily cloud as we speak. Could be good for a swing trade if market can hold Bought 3240 C 4/22 for $5.05
Amazon - Short Term - We look to Buy at 3080 (stop at 2962) A bullish reverse Head and Shoulders is forming. A break of 3416 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and...
AMZN just finished up its W-4 pull back as expected. However, price was about $80 shy of reaching our buying zone at $3100-3000, but the bottom appears to be in now. AMZN should rally about 10% by the end of month to complete its W-5. It should maintain the support trend line you see on the chart. After we reach the selling zone you will want to "Sell in May and...
GOOD EVENING, 1)we are below the VWAP .👌 2)bear divergence confirmed by STOCHASTIC .💪 3)protected by the last resistance. 💪 all these indicators say sell in a loud voice. so sell and open your wallets.🤑 +IF IT BREAKS UP BUY AT 3439,00 +IF IT BREAKS DOWN SELL AT 3182,00 BUT TODAY SELL ANYWAY BECAUS THE VWAP IS A VERY STRONG RESISTANCE GOOD LUCK.❤️
Amazon Short Term - We look to Buy at 3200 (stop at 3080) Preferred trade is to buy on dips. 20 1day EMA is at 3161. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 3200. Our profit targets will be 3539 and 3751 Resistance: 3500 / 3700 / 4000 Support: 3200 / 3000 / 2700 Disclaimer – Saxo Bank...
Personal Journal took 2 positions Each with same entry but different exits.
My views on AMZN is bullish heading towards the resistance line of 3769.64 to retest it or break it.
In this update we review the recent options activity and technical set up in Amazon and identify the next high probability trading opportunity and price objectives to target.
$AMZN surge up after announcing the 20 for 1 split making all the investors turning their eyes for bullish move. if you remember when TSLA split last year, making the stock moves about almost $100 in one day. but with AMZON the average move per day is about $30-60 per day and this could double if wallstreet decides to pump AMZN to get retail investors...
After successfully predicting the drop for AMZN back in Sept 2021, now I am calling a BUY at the indicated test levels. Enter after market shift confirmation on lower timeframes within the zone. GL
If you haven`t bought the June 2020 dip here: Than you should know that on 2/4/2022, Doug Anmuth from JPMorgan Chase & Co. Boosted the Price Target of AMZN to Overweight from $4,350 to $4,500 I think they included a stock split on their so bullish approach though. Looking forward to read your opinion about it.
If you haven`t bought the dip: Then you should know that AMZN is the only giant who hasn`t made a stock split yet. Alphabet Inc. announced a 20-to-1 Stock Split yesterday. And you all know how appealing were Apple , Tesla and Nvidia for retail investors after the stock splits! My short term price target is $3150. Looking forward to read your opinion about it.
This should be an interesting trade for this week. AMZN Amazon stock is now oversold at recently touched its June 2020 level. I think a bounce is most likely to the $3060 resistance level. Looking forward to read your opinion about this.