I have drawn ABCD Harmonic pattern on Amazon stock by using Fib retracement. Entry and exit levels have been defined along with profit and loss, however we will wait and watch the break out of point "B". Furthermore point "D" is our potential reversal zone, as per analysis after the breakout of point B, it will hit point D and then reverse back (at point D we will...
Part 2 of the NVDA AAPL MSFT AMZN GOOGL TSLA support and resistance guide was only able to fil 20mins for prior video part 1 click the prior video link is below this video
Lately, tech stocks were gaining a large momentum and I guess from here it gets slower/weaker and falls for a bit. Amazon from here falls for a short period of time based on the technical analysis and chart patterns/indicators. Unless there is very big positive news (which nobody can predict) So from my eye POV, I think it will retest the 104-105 level before...
Hello ladies and gentleman chart of amazon stock Like we as see Break key level with two candles We have close candle above key level And If we see first candle on the support We can call it bullish engulfing So now we can analyse what we can expect from The price action High probability to keep rise to next resistance In next mounth Like And Subscribe Thank you
- AMZN has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - AMZN is testing resistance at 113. - This could give a negative reaction, but an upward breakthrough of 113 means a positive signal. - AMZN is assessed as technically neutral for the medium long term. *EP: Enter Price, SL: Support, TP: Take...
Price is still within the bearish POI where a bearish retracement can happen. There is some bearishness in the price right now, with sell-side liquidity being built over the past few weeks. I'm expecting price to go lower if we get a confirmation on the lower timeframe. If not, the highs at 114.00 is at risk of getting taken out.
I just entered with a short on AMAZON< we have 3 scenarios to TP.
In which direction do you guys think this pennant pattern is breaking out to? I'm seeing an RSI bullish divergence freshly created. But I'm also seeing imponent 10 and 50 EMAs right above the price right now. In short, the trend is our friend. That's the overriding principle. However, we also know that every trend eventually bends. In any case, the...
Market is gearing up. Be patient. The crash after will be scary.
I think if we get a close above the Alarm we might be bullish again. The target in my case is the Vwap from covid bottom, propably we will rise up to the POC from the Volume Profile setted at the covid bottom.
Shorting Amazon Speculative short set-up on the 45-min time frame. Enter the short position if the price break below the up-sloping support. Stop loss at 106.59 Take profit at 102.59
NASDAQ:AMZN Daily timeframe * Breakout, bounce off the support trendline and 3 daily bounces off the top of the triangle I have laid out, I still think this goes to $119.98. I think my previous bear case will be wrong, adjusting based on new information Bull: I still don't see resistance until $119.98 (the nearest breakdown candle) Bear: If it breaks...
Amazon.com may be showing signs of weakness after another post-earnings drop. The first pattern on today’s chart is the rising trendline along the lows of March and April. AMZN fell to that support last week after issuing so-so guidance and has remained there since. That could make some traders expect follow-through to the downside. Next, the e-commerce giant...
For years Amazon (AMZN) was a leading U.S. Stock, yet since 2021 it has underperformed the broader market. AMZN high was in July of 2021 months before the Nasdaq Composite (IXIC) top. Subsequently AMZN declined in an Elliott five wave impulse pattern. AMZN retraced all of its rally since the March 2020 bottom while IXIC bottomed well above its major March 2020...
Price has mitigated the target at 108.88 which was analyzed last month. Price has also created sell-side liquidity which is potentially going to be taken now. I'm expecting price to head lower from here, potentially into the bullish POI at 93.57.
That drop didn't even break trend support or fib support.. They'll be pumping this up to 110 next week 104 stop loss
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 106/61.80%
Stop pricing in fiat. Price in Gold or Silver. Amazon looks ready for a MASSIVE tumble. #fintwit #silver #gold #amazon #amzn #bitcoin