Amznsetup
Amazon -> Continuation TradeMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Amazon.
After the recent rejection away from the lower support trendline of the rising channel I do now expect a short term correction back to the $105 level. Then we could see an inverted head and shoulders pattern which indicates more upside potential and eventually new all time highs.
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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡
Amazon is an opportunity to buyHello traders. There is a great investment opportunity in Amazon shares. With a downtrend break. And break the ascending triangle pattern. Likewise, breaking the resistance at level 104. These are all factors confirming the strong entry of buyers into this giant stock .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Should You Buy AMZN Now??Technical Analysis:
- AMZN is still doing a WXY medium term correction in blue
- In the short term AMZN is finishing wave ((3)) in black of ((5)) waves to complete wave (X) in blue
- We expect that the correction will be finished at around
70 when wave ((II)) in black is also completed
- H1 and H4 right side is up
Technical Information:
- Don't buy AMZN now
- If you're either a swing or position trader, you can buy when the correction WXY is completed around 70
Amazon Potential H & S Amazon - NASDAQ:AMZN
- Reaching into over bought levels
- A pull back from current levels would not surprise
- A pull back could form a head & shoulders pattern
- A break out above OBV would be ideal, should this
occur this week that will change the outlook.
Rejection from over bought levels and the OBV resistance line (which has consistently rejected price since 2020) seems probable.
On the flip side we have a bullish MACD cross on the monthly timeframe which could mean we just need a little more time to mount.
All of the above leans me towards the H&S idea, short term pull back and continuation.
If the H&S played out there would be a great opportunity to trade specific levels outlined with good actionable stop loss / low risk profile. At present there is a high risk of rejection. This is not guaranteed. Just more probable at present. I'll be observing for now....but I would love to get exposure but on my own terms with less risk.
PUKA
Amazon -> Finally BullishHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support.
You can also see that over the past months, Amazon has been creating a solid double bottom, weekly market structure and moving averages are also very bullish, so I am now just waiting for a retracement and then I do expect more continuation towards the upside.
On the daily timeframe you can see that with today's candle, Amazon stock is perfectly breaking above a major previous daily resistance area at the $112 level which is now turned support so I am now just waiting for a retest and then I am looking to get long on Amazon.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Amazon -> Kind Of Left BehindHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Just recently Amazon stock perfectly retested and also rejected a quite obvious previous weekly support zone which was turned very strong support again.
After this first initial bounce, Amazon stock then created a rejection of a long term downtrend-line and is once again approaching the weekly support area from which I do expect another rejection towards the upside.
On the daily timeframe I am now just waiting for the market to retest the previous support area and if we then have some bullish confirmation on the lower timeframes, it is quite likely that we will see at least a short term rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Amazon -> Bullish Scenario Playing OutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective Amazon recently tested a quite obvious previous weekly support area from which we started a quite nice rally towards the upside.
Considering the fact that Amazon also broke above a key weekly downtrend-line, I think that we have some more overall upside potential.
From a daily timeframe we are currently retesting previous resistance which is now turned strong support, so if we see some more bullish confirmation inside of this zone, there is a high chance that we will actually see the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AMZN Price may move up to weekly resistance in coming weeksPrice trading inside 3M resistance zone. However there are still 2 months to go to close the 3M candle. Therefore price can be a bit insensitive towards that resistance and continue to move higher.
However, the weekly resistance above definitely going to pose challenge for the price. This also coincides with the downward trend line the price has been push against since the downward movement in the end of 2021 started.
Amazon back on the track!Amazon - 30d expiry - We look to Buy a break of 105.11 (stop at 98.39)
We have a Gap open at 28/10/2022 from 110.96 to 97.91.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Prices have reacted from 81.43.
Short term momentum is bullish.
Short term bias has turned positive.
A break of the recent high at 104.87 should result in a further move higher.
Our profit targets will be 121.88 and 125.88
Resistance: 103.50 / 104.87 / 112.00
Support: 101.00 / 97.50 / 91.52
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Amazon Analysis 10.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
AAPL - Price Targets & Stop Loss📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red = Stop Loss
🟢 Green = 1.2:1 Risk Reward Ratio
🟡 Yellow = 1.5:1 Risk Reward Ratio
🔵 Blue = 2:1 Risk Reward Ratio
👀 So what are we looking at today…!!!
🚨( AAPL ) Apple Inc..🚨
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. Further, it provides AppleCare support and cloud services store services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.
AMZN Amazon Technical ReboundIf you haven`t sold Amazon`s slowest growth since 2001, with EPS far below analyst predictions:
Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of AMZN is close to oversold level.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
The chart is self-explanatory.
Looking forward to read your opinion about it.
Buying Amazon lows.Amazon - 30d expiry - We look to Buy at 103.11 (stop at 97.97)
101.26 has been pivotal.
101.43 has been pivotal.
We look to buy dips.
We look for a temporary move lower.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Support is located at 102.00 and should stem dips to this area.
Our profit targets will be 116.16 and 119.16
Resistance: 117.00 / 121.50 / 125.50
Support: 110.00 / 105.50 / 102.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
2X $AMZN TP3 HIT for 18%! (PERFECT SETUP)$AMZN printed when it broke out of the rising wedge with a $25 move! it filled the gap and came back to retest the TP1/Support area, and proceeded to head to TP3. We are playing the next leg down and holding on to the position even more if it breaks TP4 with strong momentum!
Amazon at key area? Amazon
Short Term
We look to Buy at 125.43 (stop at 118.42)
Preferred trade is to buy on dips. Short term bias is bullish. 50 1day MA is at 125.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 125.00, resulting in improved risk/reward.
Our profit targets will be 144.72 and 157.53
Resistance: 146.00 / 170.00 / 188.00
Support: 125.00 / 116.00 / 102.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.






















