Amazon Downtrend Call & Put Option PlayI think Amazon is on a down trend. How ever I also think there are goin to me some major levels for bounces. I'm looking forward to purchase a OTM put option to catch the overall trend. and to take call options at major support levels to previous resistance.by HelloUs0
Amazon Put & Call Option PlayAmazon is down trending im going to take a out of the put option and calloptions of bounces.by HelloUs0
Amazon Down Put and Call Option PlayI think Amazon is going to continue down trending to a low level with major bounces in the market. NASDAQ:AMZN06:12by HelloUs554
AmznClosed on supporting channel.. I think it's only bearish below 91$ now... If we drop below 91$ that would kick start a major H&S pattern. My first bullish target is .236 fib at 96.80 Entry above 50sma or 94$. If we can breakover 97$ then 103. Xly supports this move Fib levels High - 146.57 Low - 81.43 Longby ContraryTrader228
Money is getting expensive!With the shift in interest rates by the FED, money tends to become more expensive, so the economic contraction knocks the door. Graphically speaking and in the short term, the AMZN asset has great chances of reaching the previous bottom again in the region of $84.15 on the daily chart as the SETUP used informs! -On the hourly chart, SETUP suggests that prices will seek the long average to fall again. Are long-term investors looking for more discounts to buy the asset again? Will $84.15 be right around the corner!? -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews!by MacD_Bollinger447
LONG Term AMZN DCARe-entered the market after several months on the sideline waiting for longer term indicators to look positive. I believe this is a suitable spot to start DCA again into high conviction companies and stocks. High conviction in the company for the long term✅ Money flow on the monthly in the red ✅ RSI Oversold on the monthly ✅ Trading around significant support (@0.5 AT Fib)✅ Market Cipher on the monthly around the 'buy-zone' ❓* *Market Cipher not yet indicating buy, however, weekly green indicator with the above indicates the monthly buy-signal is near - hence comfortable to DCA as within my personal risk tolerances) ** NOT TRADING OR FINANCIAL ADVICE **Longby Skook921
AMZN (AMAZON BUY FOR LONG TERM)NASDAQ:AMZN HI , TRADER'S ..As per Price Action Analysis in one day TF Price is near to make double bottom , Entry of buy after confirmation of double bottom Target for buy will be upper resistance ❤️ Please, support my work with follow ,share and like, thank you! ❤️Longby INVESTRONE2
AMZN looks weakAMZN needs a stronger structure IMO Will watch the over next week More bearish pullback?by IcyAce_0
$AMZN: Down trend could turn aroundLet's examine the facts real quick: down trend in the daily timeframe hit the target, intraday bars show a bullish reversal into the close after that, weekly trend remains potentially bullish over time, monthly down trend ran out of time. I'd wager that this is the bottom of this correction here, seems like a low risk bet. Bet small, use relatively wide stops and see what it does, energy prices that were a huge headwind have come a long way down... Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie6
AMZN bubble pop and TPDH setup BTC hasAMZN same bubble pop and TBDH pattern BTC has right now. 1-2 more false bottoms to goShortby seemslegitt6
AMZN target to $103AMZN price will go to $103 and may bounce back as it hits resistance level.Longby zubi950114
AMZN AnalysisPrice penetrate the bullish POI at 98.09 deeper. On the lower timeframe, it doesn't seem that price has the strength to push higher from here. I'm expecting price to continue lower, following the bearish order flow.Shortby Keeleytwj8810
Solid Level for AMZNI have been stalking NASDAQ:AMZN share prices for months now watching as it retraced from the All Time High down to a full 50% Retracement from the All Time Low. This is a pretty epic pullback level that took decades to create. The 6 month downtrend from 146 > 81 created its own 50% Retracement at 114 as Resistance. February earnings popped to this level and confirmed it. As the January bull run fades AMZN comes back again to test the broader level. Even as we drill lower to the intraday timeframe we can see the 50% Retracements begin to setup. The volatility around today's FOMC minutes shows respect for the level. This sets up a low risk opportunity to play the decadal Support. Editors' picksLongby norok2626629
BearishThe rally looks weak with a clear sign of market manipulation. The rally was not an authentic move. Compare it to the closing candle of the day before and it confirms even more signs of manipulation. There is selling pressure with large upper wicks and the major trend is down. This seems like a good entry. To be objective, my only concern about this entry is that I don't generally like to open positions during lunch time hours, but this does seem like a trade I would take. Look for support around 94.50'ish. Remember this is strictly an opinion. There is no such thing as a 100% for sure guarantee thing in the market. Always do your own evaluation. This is not financial advice. Shortby xode112
AMZN, quarterlyAmazon issued a weaker-than-expected forecast for 2023Q1. In January, Amazon began layoffs to the tune of 18,000 jobs—a sizable cost cut that will likely pump up net revenue for the next few reports and give shareholders a warm feeling. After Prime Video’s disastrous performance and insane production costs, the salary reduction is much needed to keep Amazon agile. Expenses have become a primary target for Amazon’s “lean clean” phase, which will balance out the pandemic period’s excessive hiring. Product sales are lower than expected in 2023, and the stock charts don’t show it yet. Whatever or whoever is fueling the AMZN rise won’t last long without support, but Amazon isn’t cooking anything that will give investors high hopes in the coming months, so don’t be surprised if AMZN has a reversal right after media channels are waving bullish flags.by Exness_Official1
Amazon Weekly AnalysisAmazon rejected Key trendline multiple times. For price to move upside and break key trendline price should retest at $90-82 zone to make double bottom with Bullish divergence (RSI forming HL). Shortby tradinghill_13
AMAZON- WEEKLY ANALYSIS Amazon will require all office staff to work in-person at least three days a week, ending a policy that left remote work decisions up to team directors.Shortby Shane-investment0
AMZN (Amazon)- looks bad in a short time, unknown for the restIf in the next three trading dates (21 -23 Feb) does not close above the neck line, I predict AMZN will continue to correct and build up its momentum. by InvestmentLoser0
AMAZON Stock Chart Fibonacci Analysis 021823Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 99/61.80% by fibonacci61800
AMZN Still DumpingAfter this huge TrendLine rejection on the 4H chart, I am only looking for short. We then have a good break of trendline with retest and forming a reversal cup pattern for more unwind. On a fail of $95.0 level, we should see the price going lower to around $87.0 level. This $87.0 level can be for me the level used for a trend shift for long, with as confirmation a daily trendline break. Great Trade !Shortby ArnoSG1
AMZN keeping the downtrendThis is the third time price breaks Ichimoku clod, touch the downtrend line with the WTO at the high that follows a fall until the WTO is at the bottom. Part of the movement is gone but I think there is more path to follow. Stop at the trendline, target at 80.22 Shortby Trade_Bang2
Double Top Pattern in AMZN Price reaches all time high (ATH) at the moment with some volume, breaking MA50 and MA200 afterwardsShortby RAD2003_DRV0