Hi folks, These are the trades that I have the most conviction on them. I'm long all of them, will hold them till year end. lets see how will they go. Not a financial advice do your own research. Pump the ideas with your likes Thank you
The recent surge in Amazon's stock, propelling its founder Jeff Bezos to a staggering $3.8 billion gain in just 24 hours, reflects not only the resilience of the e-commerce giant but also the growing investor confidence in its 2024 outlook. Market Resilience Amidst Tech Turbulence: Despite facing headwinds alongside other major tech firms during last week's...
we can enter amazon boy but we must keep the stop under the support shown in the graph
In all the different tech stocks I have been looking at, most of them appear due for a steep correction. This coincides with my thesis for the various US indices too. Looking at this chart Amazon looks like it needs OMH into the 1.618 @ $158.94 to complete wave ((B)) but that is not required. If you are long this thing you are taking huge undue risks for...
Amazon (NASDAQ: NASDAQ:AMZN ) quietly emerged as one of the standout performers, recording an impressive 81% gain in its stock value. While the spotlight was often on other tech giants like Nvidia and the AI sector's newfound fascination, Amazon's remarkable turnaround marked one of its best years on record, adding approximately $700 billion in market value. I....
Firstly I should say I am currently very bearish on the macro and expecting lower levels before bouncing next year... However, I cannot ignore this POC level on Amazon, a lot of volume traded around here in the past, so a good chance amazon may at least hold stronger than the rest of the market if we do see more downside. Hence I am taking this as a long to hedge...
Amazon Seasonals have been Analyzed; from 2014 to 2023. Bullish Month is marked with Green vertical line and Bearish with Red vertical Line.
I'm kind of getting guided with AMZN in my face a bit. So I have to buy it this morning and look for it to go up to that $152 area. Last time it was saying $150, so that helps suggest it's actually gonna get there. I'm hopeful this occurs by next Friday. I have today as a reversal day up in indexes, so that could help.
AMZN looking to hold and bounce off the 50 EMA on the daily. Has acted as support in the past, see if the same continues to hold true.
According to the visibility we have a cup and handle situation, a breakout and then back to check support, in addition it is moving in a channel with rising lows, with the entry of buyers it will continue with the possibility of a profit of almost 40%. Neither recommendation nor financial advice
Price did not play out as analyzed last week. Price head lower to the sell-side liquidity before taking the buy-side liquidity. I'm expecting price to continue lower to take out the SSL in the coming days before we wait for a confirmation for the bullish move.
"I have recently taken a long position in Amazon stock based on a buy signal from a bullish harmonic pattern. After conducting a thorough analysis of the stock's price movement, I have identified the formation of a bullish harmonic pattern that suggests a potential upward movement in price. This trading decision is based on the expectation that the price will...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
➡️Hello Traders, welcome to today's analysis of Amazon. -------- ➡️I will only take a trade if all the rules of my strategy are satisfied. -------- ➡️Let me know in the comment section below if you have any questions. ➡️Keep your long term vision.
Amazon needs to close a daily candle above $153.49 to run toward $160. It is currently near the demand zone, we also have strong support in the $146 range. While VIX is in this current range below 14.0 I'll be looking to buy the dip on fundamentally strong stocks with bullish macro technical structures.
bearish divergence inverse cup handle formation double top weekly TF sell limit idea
NASDAQ:AMZN another bright green candle on the year it did take out the low of previous year in Q1 by a bit so, strat wise it's a 2 down on the year, obviously bright green is it extended? maybe..... but, the good thing for those with a bullish bias, still 2 previous yearly highs to take out how strong will AMZN be in 2024? Let's see
Price did not play out to my last analysis, but has built a lot of sell-side liquidity since my last analysis. Given that we are in the premium range, the next target could potentially be the clean highs at 158.65 where price could take before going for the sell-side liquidity.