amazon looks bearish below my moving averages in the pre market gapping down.
We have almost hit the 1.618 extension @ $158.94 which is a very common end point for this type of move. This last high that we made has been on negative divergence and implies we should be headed lower soon. Structure also says we have topped or will soon. Rather we are topping in our primary B wave or hitting a wave 1 top, the next big move points down. If we...
✅AMAZON is trading in an Uptrend and the stock broke The key level of 144$ Which is now a support Then retested it and is Now going up again So I think that we Will see a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This is beyond exaggeration of what will actually happen and it's meant to be funny. I honestly think it's hilarious. I've known for a couple years now that Amazon has been spending way more than it's making. Promoting and talking to investors on stock splits. Closing Book stores and so many problems with their new automated store. Amazon's technology and service...
The meaning behind factor of 4. Market flow has slowed down significantly after the long bullish cycle. The highlighted purple areas was during a struggling time in the markets. The market performance currently is struggling massively to hold as manipulation to gather investor attention after the stock split failed. Just because a stock split and the price looks...
Position based on price action analysis of the chart
According to the pattern, the butterfly cuts out a deplorable picture. The reduction can be up to $50
I'm getting feelings around the things are about to hit the fan and Amazon might have topped longterm. RSI hit a major resistance, bear divergence, largest FED fund sale ever yesterday, things are just lining up for me, this will get NUTTY if true. Hard to fade this trend of course but a lot of things are lining up for me.
@ Daily TF Story: Printing Bullish Trend and a bullish ascending channel Anticipation: Can continue making new HH HL since no reversal pattern or divergence Plan: Buy Limit at .7 Fibonacci level of last HH while riding Dow's Trend
Above the current resistance at 155 - up again. Looking at the futures and the overall market, it can happen today. Like my yesterdays call,MSFT, can go right at the market opening.
Hello,Traders! AMAZON was retesting a Horizontal support level Of 143.5$ while trading In an uptrend and now we Are already seeing a Bullish rebound so I think That we will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price played out nicely as analyzed last week, taking out the sell-side liquidity and make a nice bullish move of +5.19% from there. Right now, I'm expecting price to continue higher, targeting the clean highs at 158.65 next.
NASDAQ:AMZN TP1: 147$ TP2: 144$ Possible Scenario: SHORT Evidence: Price Action
Amazon complete double zigzag and create 12345. Now we expect a correction for new UPTREND
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...