I think now is the best price to buy Amazon and also for long term trade it will be really good .
Amazon (AMZN) made a Channel Down Lower Low on Thursday just before hitting the 1D MA200 (orange trend-line) and following the higher than expected earnings opened Friday much higher. That price jump broke above the September 14 Lower Highs trend-line. The 2nd and final bullish break-out we expect before buying again for the long-term will be above the 1D MA50...
AMZN did great on earnings but its time for a quick drop 1HR We have Supply Liquidity Heat Zone from $128.30 - $129.84 We have a pivot level from $126.59 - $125.96 Small demand liquidity from $124.79 - $124.50 Demand Liquidity from $119.52 - $117.85 15-30M Looks like we are starting a trending parallel to the upside Option Flow PUTS Below 126 exp...
The e-commerce giant's Q4 revenue guidance also beat Wall Street's expectation. Shares of Amazon (AMZN 7.49%) jumped 5.4% in Thursday's volatile after-hours trading session, following the e-commerce and cloud computing leader's release of its third-quarter 2023 report. The gain is attributable to the quarter's revenue and earnings both sprinting by Wall Street's...
Amazon / AMZN had a huge price leap after yesterday's earnings release and already crossed over the top of the Falling Wedge pattern. This is the main pattern despite the fact that a Channel Down potentially exists as the Wedge's Lower High was priced/ rejected on the 1day MA50. Equally important is the fact that yesterday the price fall stopped a little over...
AMZN earnings today, Thursday 10/26, at 4pm. Amazon (AMZN) reported earnings of 0.63 per share on revenue of 134.38 billion for the second quarter ending June 2023. The consensus earnings estimate was 0.34 per share on revenue of 131.42 billion. The company beat expectations by 57.50% while revenue grew 10.85% on a year-over-year basis. The company said it expects...
AMZN initial target is 121-122 following the earnings report. Goal target by 11/3 is 114-116 Stop loss is close above 131 - this opens the door for upside to 138
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 120/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Hello ladies and gentlemen, according to my graphical analysis Of AMAZON stock , there is a high probability of a drop to the 111$ level in the coming weeks .
In this environment I would say this is a distinct possibility 1.3 Trillion Market Cap 107.6 P/E SPX PE @ 20 Yes very plausible.
The implied move for AMZN earnings is between 111 and 131…. AMZN trades so differently from the other big S&P companies… and It’s starting to look attractive at this level… Back in August I published an Idea and my buy target was 119… we are 2 dollars away from that target and I think I’m going to start a position again here…. And then average down if we move...
I don't know how many times during 2021 - 22 I heard AMZN will "save the market". I wish I had a penny for each time someone said that. As we all know AMZN didn't save the market. I heard it again yesterday and rolled my eyes. Anyway. We have an erection (that we know is followed by a correction) right into a double top. (we also know a double top can either...
NASDAQ:AMZN Trend & Patterns: The stock appears to be in a downtrend, indicated by the series of lower highs and lower lows. Support & Resistance: Bearish Line: This line at approximately $124.97 is possibly acting as an immediate support. A breach below this line could see further declines. Bullish Line: This line at approximately $125.90 might act as a...
Traders need to check weekly charts when considering selling short stocks at this time. Many times there are strong support levels close to the current sold down price action. The weekly charts also provide more data for day and swing traders to determine the all important RUN GAIN POTENTIAL. This must be calculated before any trade to determine the Risk versus...
AMZN AMAZON is looking forward to reversal towards 132 levels , all condictions is mentioned in the chart ,, trade with care , trade always with confidence
Amazon's price has retested the downtrend, the price is expected to continue to fall in the near future, so sell it.