Amazon.com, Inc AMZN

Lui_gich

No need for explanation. Follow the patterns and make profits. RE-CYCLE.

yakov234

Am I correct? is it how H&S works, still in the learning process!

MrAndroid Pro+

The down trendline held on Amazon and there is a now a scenario where a trade could come into play if the price gets squeezed between the two corners of this triangle. The question is will it be a breakout or a breakdown?

Huntz

Things are looking very similar to how they did in October 2018. > In 2018 FAAMG fell by 25%. > If we correct 25% like we did in 2018, it would take us to the lower support of this ascending channel. > A 25% correction would also take us perfectly to the 100-week MA. > Bearish divergences are shaping up in similar ways as well. It's interesting to note the...

RedaSD

after a bearish trend and the creation of a ''Triple-Bottom'' pattern , we will wait for the confirmation of the breakout of the ''neckline'' after which we can take the buy position

IvanLabrie Premium

There's a possibility of further downside for $AMZN over time, but currently, price action and the drop in commodities suggest that $AMZN is likely to go higher for a while. Until the next FOMC meeting, market participants might bet on a Fed pivot taking place sooner rather than later, given the drop in commodities suggesting inflation might be under control...

The_Rational_Investor

AMZN is currently in an indecision zone. On one hand, all indicators (RSI, Stochastics, MACD) indicate that it is has strong negative sentiments. Technical analysis with H&S reinforces this negative view. However, the S/R of 101 is a very strong support. Therefore, for Amazon to go further down below 101, it needs to break that level decisively. Till then, Amazon...

immiboy

possible HnS pattern and clear rejection from daily trendline

TheTradersBias Pro

Big tech names not showing any signs of recovery. Stochastic is way over sold but can stay that way for further downside yet. Lets see.

MichaelEugen1

Hey guys, I've been noticing that AMZN has been repeating the redistribution pattern it made leading up to its rally and subsequent dump in March of this year. Considering the fact that other market-moving names are doing similar things(AAPL, MSFT, NVDA), I am currently anticipating a rally up to the high 130's where I believe AMZN will top out and possibly...

simonotheman

Unpopular, unpatriotic title, but the chart doesn’t lie. China tech overall has been basing and looking to break out of the long term downtrend while US tech has struggled. PDD has higher beta than its Chinese peers and I am looking to hedge with shorting the de-facto US e-commerce play, Amazon. Although it would be a more apples to apples comparison to pick a...

apkaiser80 Premium

Simple: Head and Shoulder. Consider current events and supply chain.

ShortSeller76

AMZN is still oversold on several indicators. "AO" oscillator printing negative green candles, bottom of cloud and BB, stochastics low on 30 min, 1 day and 1 week charts. Looking for a bounce to $117-125 a buy on pullbacks and sell on rallies

Vibranium_Capital Premium

Resistance = support (bullish), 7 year trend support still intact and just saw fresh bounce from this area. great risk reward for longs, potential bottom is in for amazon. A break of this trend support will be very dangerous for longs! not much support below.

alohasurf Premium

Aloha my friends, I know... this seem very extreme but this is really what the chart is telling right now. Of course things can change but right now we current working on a " measure move".. Same kind of drop than Bitcoin... Please share your thoughts I would love to hear it! Mahalo Sissi

02:36

everget Wizard

A demo of forecasting next Simple Moving Average's values using a discrete-time stochastic process on the daily Amazon stocks' price data. The indicator can be found here:

rudcharts Pro

AMZN Jeff Bezos sold at the top and bought a yacht while The Jeff Bozos the clowns will buy the stock split thinking they’re getting a good deal. That last leg of AMZN Uptrend which respected 50ema, started April ’20 and topped out Sept.’20. It closed below the 50ema that Sept. and price entered a Sideways market AMZN moved sideways from Sept.’20 thru Jan.’22....