Bulls were confirmed for Amazon after the break of the key level at 1875, taking out the price action from the non trend zone and ideal distribution area, shifting the balance to the bullish scenario. Price is moving to the 1st green attractor at 1944 to 2113, while it stays above 1790. The 2nd attractor ovelapped the higher degree sequence target, increasing the...
Faang composite and my prediction for the next couple of years. White line is projected price action, which I believe will be controlled by Algo trading bots.
AMAZON is exactly the type of stock you should be looking for a entry into on any pullback. It is one of the greatest companies on earth and that will change anytime soon. Any market which the enter the tend to eventually dominate and revolutionize, we are with them on that journey long term and think it is only a matter of weeks before we see a ALL TIME HIGH.
While I find it imperative to convey Amazons imminent decent to the rest of the Trading View community, I hope all of you can understand my apprehension with informing everyone of the indicators that I use. While I have never witnessed any individuals use any of the MA's I have displayed in this chart, most likely, some of the elites are privy to elements of my...
Hyperwaves are a subset of bubbles, there are MASSIVE bubbles.
When I saw this was made public I whined inside because it means then it stops working, but the wall street market cycle thing has been available for a while, and it still works PERFECTLY. PERFECTLY. It is as if the more information is made available, the more people fall for the same mistakes again...
The market is telegraphing, it’s letting us know how it is feeling and I can assure you the feeling is not one of joy. One of the stocks that is looking sick at the moment is AMZN. I am expecting to see a BIG drop in the near future that should bring AMZN down to the $1200’s and the UGLY part of this prediction…. This is not going to be the bottom!
Nice Bull Flag Break Out on AMZN. Recently broke above 200 MA and nicely retested and rebounded. With the general market going up, AMZN shall go up making higher highs and higher lows. All the indicators are Bullish as well. Will be looking for buy opportunities on the first 1 hour pull back.
As Amazon is closing its doors to the Chinese marketplace, we do expect a smaller pullback to the bearish direction shortly. However, we do not expect this pullback to be a big one, as the Chinese market is not a large one for Amazon due to its competition like Alibaba. We do believe that Amazon is fundamentally a strong company, and its revenue keeps growing....
After completing my analysis of Amazon shares, I expect the price to start the ABC corrective zigzag after 1-5 Elliott wave cycle on the hourly chart, as there is a strong indication of completed 5th wave - multiple AO divergence. Now is the time to look for short opportunities.
Sometimes its better to zoom out.
Distribution can be identified based on volume.
High prices attract sellers which creates the high volume. Basically hedge funds selling into the upmoves.
Current Wyckoff zones have been identified.
Risky sell level at UTAD has not been printed yet.
Less risky sell is at the LPSY which needs to print.
Trade how you like....
One of difficult charts analysis .. but for now we can take short positions to target drop to 1620 or to the blue line at least . in big view its going to be uptrend with goals near 2000 so if you want to take long positions wait till the best entry area above 1500 indicators showing strong upward movement but now are overbought status and need to be dropped or...
AMZN facing major resistance, coming along with a Bearish Deep Crab-Pattern and an inverted divergence in the accumulation/distribution.
Targets are:
1.737$
1.672$
1.598$
Stop loss can be either placed above the downtrend or around 1.950$.
Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The Company also offers a range of products like whole trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic gala and fuji apples, organic rotisserie chicken.
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AMZN
