The market's bull run is set to end based on the indications for seeing on the S&P.
AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are:
1) Daily chart is overbought
2) H4 is overbought and lot of divergence present
3) The upward trend line has been violated which has been...
Amazon has broken through resistance that has been holding it for weeks now and that is just this attempt. It also attempted a breakthrough in aug and march. The next 2 resistance areas are marked on chart with the white lines. 160 to 166 should be the next TP zone.
TP=take profit
Amazon currently holds a 'B' rating (63.49%) and has shown strong performance over the past 12 months with a return of 23.35%. This outperforms the S&P 500 by 37.4 percentage points, which has a return of -14.05%. Financially, Amazon exhibits strong indicators including earnings per share (EPS) of 53.6744, net profit per share of 1.9452, operating cash flow per...
Levels and Targets for AMZN
Remember Zones defined here will be acting as support or Resistance...So book your Profit accordingly
Please consult your financial advisor before investing
All research is for educational purposes only.
✅AMAZON has been growing recently
And the stock seems to be locally overbought
So as the price has approached a horizontal resistance of 147$
Price fall is to be expected
SHORT🔥
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The stock of Amazon.com, Inc. ( NASDAQ:AMZN ) is currently exhibiting an inverse head and shoulders pattern, a noteworthy development in technical analysis that often signals a potential bullish reversal. For this pattern to be confirmed, it is essential for NASDAQ:AMZN to achieve and sustain a weekly close above the neckline of this formation.
Price played out nicely according to my last analysis. Price rallied +7.83% into the FVG at 133.72 which then played out nicely to my expectations again into the daily OB at 118.60, giving us a nice -11.99% move to the downside. Price then respected the daily OB and made a clean move to the upside, giving us a +24.83% move. From here, price is starting to lose...
AMZN long term profit ?
A popular stock + Cup & Handle pattern + Good fundamental details + Above the average line 150. Only an idea and not a recommendation for trading!
Its a very tough market to predict with so many economic issues going on in todays world.
I took a chance on this company and held for a long time until recent years.
Cashing out was the smartest decision at the peak of such a long rally.
Nobody is expected to hold forever. Jeff Bezos was cashing out and officially stepped down
so that should of been a signal for...
Looking at the overbought stock market Amazon Nvidia and so many others.
A huge money flow wave is about to hit the crypto markets.
Bitcoin
Ethereum
Algorand
and so many other crypto assets.
This is not a prediction.
This is fact.
Do your research and make sure you invest wisely. Manipulating bears have
been speaking loudly to cause fear.
Algorand is the most...
The Giant of e-commerce and AWS for small businesses, which now has AI integrated, is moving up in anticipation of a strong Black Friday for $NASDAQ:AMZN.
The new CEO who took over form Jeff Bezos is doing a good job. As the CEO of the AWS division, he did an amazing job building that division of AMZN. Outstanding CEOs make a company great. CEOs are more...
Buy idea on AMZN as you see on the chart because we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
AMZN has a completed bearish bat pattern that has gone to Target 1 and has come back to entry to form a TYPE 2 entry. We are at a daily level or resistance.
I won't be looking for any positions until price closes below the 141.51 level.
Amazon is getting to buy territory, this is a mean reversion trade.
Good buy now with intention of selling at 120?
I expect the price to drop a bit more but bounce back the blue line as is extremely strong support, and the price should make it to the middle line of the band, that is where profit-taking should take place.
#AMZ • Amazon.com • XETRA SHORT TF M30,
TP = 125.10 , SL = 136.16
The trend continues, the nearest support level according to my calculations TP = 125.10
