This hugely influential company should have been on the Dow 10 years ago. Listing as a component of the Dow Jones Industrial Average usually occurs when a company is about to enter a Market Saturation to Market Decline Phase. However, such is not the case with $NASDAQ:AMZN. It's quite the opposite. Its fairly new CEO, who was the CEO of AWS, the division of AMZN...
Amazon is Bullish. Near 171. 50 - buy zone Cup with handle structure on 90 minutes .
AMZN Share Price Hits 25-Month High After Inclusion in DJIA Index As of February 26, Walgreens Boots Alliance (WBA) is no longer used in the calculation of the Dow Jones Industrial Average, replaced by Amazon (AMZN). The planned index rebalancing was carried out because: → Walgreens shares currently have the lowest price among all companies included in the Dow...
I love the gap fill strategy. Its simple and proves to be effective! Here the idea is simple, we are looking to go short under $165 and targeting the shaded area on the chart to be filled.
Amazon's chart indicates that the region marked in red may function as a selling-oriented order block. If there is a 2-day closing above the red horizontal line, the next target could be 187.86, following the channel. In our buying zones, the horizontal line at the price of 161.73 may present a buying opportunity. 2-day closings below the green horizontal line may...
According to a new regulatory filing, Amazon founder Jeff Bezos sold more than 14 million shares over the past few days worth around $2.4 billion, completing his stock sale plan. Bezos adopted a trading plan Nov. 8 to sell up to 50 million Amazon ( NASDAQ:AMZN ) shares — valued at more than $8 billion — during a period ending in January 2025. He first sold 12...
I'm looking for a shorter term pullback, at least a 30% drop, in wave 1 of a final 5. Then the final wave moves should follow, over several years, to conclude at between the $300 & $560 price levels.
It is the end of a cycle; A more than a year long bullish wave. Amazon (AMZN) did not reach a new All-Time High as many of the other top world companies did. July 2021 at 188.65 will remain the peak. AMZN produced a super-strong bearish signal in the form of a bearish engulfing pattern last week and this at the top of a major trend. These signals are pointing...
AMZN is in the bottom now and if sellers fill the gap, buyers will lose
Breakout ($175+) multiday swing long idea from this position around $168 - stop very close at $167. The flush on the 13th was the first signal and I'm now looking for the push to the upside over the course of the next few days.
AMZN on the 15 minute time frame is in a relative symmetrical triangle pattern. A volume profile and intermediate term anchored VWAP are overlaid. They validate one another since the POC line and the mean anchored VWAP line up. Price is below both of them. My forecast is that price will rise and temporarily so sideways in the high volume and volatility...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
It has been 3 months (Nov 17 2023, see chart below) since our last buy trade on Amazon (AMZN), which hit both Targets: February opened with a big gap upwards and the stock has been consolidating ever since. This consolidation, along with the completion of a 1D MACD Bearish Cross last week, is indicative of a top formation. In fact it is similar with the...
When I made this song, I was at One Sound Studio in Memphis, South Memphis. I recorded “Shotta Flow” there, “Shotta Flow 2” there. That was where I recorded my first song at, actually. The first song I ever recorded. One Sound’s home, pretty much. Minus, he sent the beat to my phone. He did the “Shotta Flow” beat. I worked with him in the past. I was like, “Bruh,...
AMZN on the 60 minute chart since earnings shows the jump and the sideways consolidation after that. Here the RSI is superimposed on the chart within its own 0-100 scale. It is currently in what should be considered deep undervalued territory and at RSI support /demand. The William's Alligator set of moving averages shows MA compression and so...
Entry: with price above 147.29 Volume: with volume greater than 63.87M Target: 168.47 area (this is an area, you might consider existing early if price drops below a significant moving average such as the 20 or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant moving averages) Stop: Depending on...