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Amazon - Break And RetestHello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that Amazon just rallied 100%, I am now just waiting for a retest of the structure mentioned in the analysis. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMZN
by basictradingtv
9
Amazon - The New SetupHello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: Starting in 2018 Amazon created a decent bullish triangle continuation pattern and after the breakout Amazon pumped more than +70% towards the upside. Then with the 2022 bear market we saw a quite harsh correction and a perfect retest of previous support. If Amazon now provides a retest of the support mentioned in the analysis, I am looking for more long setups. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMZN
by basictradingtv
1
AmazonSmile. You shop. And... Amazon Still Gives 😊 Amazon stocks are going up this year with solid 52.29% year-to-date gain, that is currently the 9th largest YTD result over all components of Nasdaq-100 ( NASDAQ:NDX ) index. Work hard, Have fun, Make history - And You're Done! - This is the official tagline of Amazon in 2023. The slogan refers to Amazon’s dedication to innovation and service enhancement. As can be seen, Amazon tagline 2023 is separated by three ideologies. Have Fun There is a saying that goes You gotta do what you love to love what you do, and I believe it much applies to this ideology – to have fun. The key to having fun at work is creativity and innovation. Bezos makes room for mistakes, as long as they lead to something positive. You know what they say, learn from your mistakes and be better. To have fun is to think beyond the boundaries with a powerful imagination. Make History As of June 22, 2023, Jeff Bezos is the third richest person in the world, with a net worth of $149 billion, according to Bloomberg Billionaire Index data . Amazon proudly contributes to Bezos’ success, being the most successful retailer company in the U.S.A. Despite such accomplishments, the business still strives to develop bigger by the day. From A To Z You can still see a smile formed right under Amazon’s logo; it represents the range of products and services available on the platform. The smile also symbolizes consumers’ happiness when they find what they need within just a few clicks. Of course, in Trader's terms a market smile also means V-shaped recovery, that is currently observed due to massive Reversed Head and Shoulders Chart Pattern structure breakout. Overall Amazon stocks still are on the positive path, following the All-the-history support of 10-years simple moving average.
NASDAQ:AMZNLong
by PandorraResearch
16
Amazon - Massive Resistance AheadHello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: With the quite obvious and expected channel breakout in 2016, we saw a rally of more than 500% towards the upside on Amazon. This pump was followed by a retracement back to a previous support level before we saw another bullish reversal. If Amazon breaks back above the structure mentioned in the analysis, market behaviour is bullish and I will be looking for longs. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMZN
by basictradingtv
3
Amazon On the Way to a New Montly High Amazon (NASDAQ: NASDAQ:AMZN ) is in a rising trend channel. with the ticker breaking the Resistance Level setting foot on a new monthly high. Since its inception, Amazon has famously prioritized growth over short-term net earnings, to the consternation of many investors. That broader approach hasn't changed, but management is now more focused on finding balance. There's no reason why this massive business can't deliver strong earnings even while investing aggressively in areas like artificial intelligence (AI) and its global delivery network. You can see proof of that shift in areas like free cash flow, which was $21 billion over the past full year compared to a $20 billion outflow in the prior-year period. Operating income was $24 billion in the first nine months of 2023, up sharply from about $10 billion a year earlier.
NASDAQ:AMZNLong
by DEXWireNews
Amazon (AMZN) -> Growing With E-CommerceMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Amazon. Looking back at January of 2023 you can see that Amazon stock perfectly retested and already rejected the support trendline of the rising channel and also a previous resistance level. With Amazon currently retesting resistance at the $141 level, I do expect a minor rejection but then I would love to see a break and retest and another push higher to retest the channel top. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NASDAQ:AMZNLong
by basictradingtv
37
Amazon -> Continuation TradeMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Amazon. After the recent rejection away from the lower support trendline of the rising channel I do now expect a short term correction back to the $105 level. Then we could see an inverted head and shoulders pattern which indicates more upside potential and eventually new all time highs. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. - Philip Basic Trading - Keep the long term vision🫡
NASDAQ:AMZNLong
by basictradingtv
11
Amazon W Formation looking sweet to $152.00 About the Co. On the daily Amazon has formed what's known as a Short Formed W Formation. This is where the second rounding bottom has a HIGHER low than the first. This is more bullish than a standard W Formation, IMO, because it means the bulls did not let the price get to the previous low. The fact that the price has broken up and out of the neckline, shows strong buying momentum, which will push the price higher. Other indicators confirm... 7>21>200 RSI>50 - Higher lows Target $152.00 ABOUT THE COMPANY Amazon.com, Inc. is a global technology company focusing on e-commerce, digital streaming, artificial intelligence, and more. Founding: Amazon was founded by Jeff Bezos on July 5, 1994, in Bellevue, Washington, USA. First Product: Initially, Amazon was an online marketplace for books. Name Origin: Bezos chose the name "Amazon" to suggest scale (Amazon River is one of the largest rivers in the world) and because it started with "A," which would appear early in alphabetical order. Public Listing: Amazon went public on May 15, 1997, and is listed on the NASDAQ. Expansion: After books, Amazon expanded to sell music, videos, and, eventually, everything from groceries to electronics, clothing, and more. Global Presence: Amazon operates in multiple countries around the globe, including the United States, Canada, United Kingdom, Germany, France, China, Japan, and India. Amazon Prime: Launched in 2005, Amazon Prime is a subscription service offering free two-day shipping, streaming music and video, and other benefits. AWS: Amazon Web Services (AWS), launched in 2006, provides on-demand cloud computing platforms and APIs to individuals, companies, and governments. Kindle: In 2007, Amazon introduced the Kindle e-reader, revolutionizing the book industry by making digital books popular. Employees: Amazon is one of the world's largest employers, with over a million employees Physical Stores: Amazon also owns physical stores, including Whole Foods Market (acquired in 2017) and Amazon Go, a chain of cashier-less convenience stores. Devices: Apart from Kindle, Amazon has produced several successful electronics, including the Fire TV, Fire tablets, and Echo smart speakers, which feature the voice-controlled AI assistant, Alexa.
NASDAQ:AMZNLong
by Timonrosso
Amazon -> Finally BullishHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support. You can also see that over the past months, Amazon has been creating a solid double bottom, weekly market structure and moving averages are also very bullish, so I am now just waiting for a retracement and then I do expect more continuation towards the upside. On the daily timeframe you can see that with today's candle, Amazon stock is perfectly breaking above a major previous daily resistance area at the $112 level which is now turned support so I am now just waiting for a retest and then I am looking to get long on Amazon. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMZNLong
by basictradingtv
56
Amazon -> Bullish Trend ReversalHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock just recently retested and already rejected a quite strong previous weekly support zone at the $85 area which was turned strong support once again. You can also see that from a weekly perspective we do have the possibility to created a double bottom and start a new bullrun from here so I am now just waiting for a break above the neckline at $105, followed by a retest and then more continuation towards the upside. On the daily timeframe you can see that Amazon stock is already creating bullish market structure, however I am still waiting for a break above the $105 resistance and a retest before I definitely do expect more continaution towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMZNLong
by basictradingtv
42
Amazon -> Kind Of Left BehindHello Traders, welcome to this free and educational multi-timeframe technical analysis . Just recently Amazon stock perfectly retested and also rejected a quite obvious previous weekly support zone which was turned very strong support again. After this first initial bounce, Amazon stock then created a rejection of a long term downtrend-line and is once again approaching the weekly support area from which I do expect another rejection towards the upside. On the daily timeframe I am now just waiting for the market to retest the previous support area and if we then have some bullish confirmation on the lower timeframes, it is quite likely that we will see at least a short term rejection towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMZNShort
by basictradingtv
47
Amazon -> Bullish Scenario Playing OutHello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective Amazon recently tested a quite obvious previous weekly support area from which we started a quite nice rally towards the upside. Considering the fact that Amazon also broke above a key weekly downtrend-line, I think that we have some more overall upside potential. From a daily timeframe we are currently retesting previous resistance which is now turned strong support, so if we see some more bullish confirmation inside of this zone, there is a high chance that we will actually see the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMZNLong
by basictradingtv
36