AMZ trade ideas
BuyBuy Amazon if dips to 78
Stoploss below 74.90 on closing basis.
Positive divergence is clearly visible on 60 period RSI. Bullish wedge is also forming.
Disc : Not an investment advise to buy or sell. Do your research
AMAZON Chart analysis on Monthly time frameDescription posted in chart amazon on critical monthly trendline support
Is it the right time to buy Amazon stock?On the monthly time frame stock is in a rising wedge pattern. It is also outperforming the market from the past few months.
AMZN is not holdingStock was near a major support. But it is falling continuously. It is forming a falling wedge pattern on the weekly chart. Because it broke a major support, we can see a short term bounce, but the overall trend seems to be bearish, until price breaks out of the wedge.
NYSE FANG+ vs AMZNRelative performance. Note that NYSE FANG+ can be bought in India and is pledge-able, as MAFANG security / Mirae Asset NYSE FANG+ ETF Fund of Fund
Is it breakout coming soon??This is just for educational purpose.
Trying to analysis some US top stocks.
Enjoy Trading :)
AMAZON VERY IMPORTANT CONSOLIDATION - ABOUT TO BREAK .WHY BULLISH ?
REASONS :
1 . A Long Consolidation And W Pattern ( Which Are Very Important In Terms Of Trend Decider ) Have A Breakout As Seen In The Graph Shared .
2 . Rsi Divergence Breakout Is Also Visible In The Graph .
3 . Best Part Is - As I Am Writing This Article - The Global Market Sentiment Has Gone Bullish - Right Now As I Write This - Global Market Is Up Over An Average Of 2 Percent Which Is Highly Supporting The Breakout .
4 . One is to Two point Five Risk Reward Ratio Can Be Achieved.
5 . Still Best Entry Comes When Day Candle Is Closed Above This Box Created In The Graph Else 1 Hr Candle Has Given The Breakout Still Day Candle Will Give Better Confirmation .
10 Percent at 129 ( and 15 Percent at 136 if price action supports) can be achieved .
Warm Request - Kindly Comment If Anyone Find This Information Helpful Or Anyone Who Takes Position In This After Reading This Article .
Amazon (AMZN) Stage AnalysisAmazon weekly TF chart.. Stage Analysis.
Only for educational purposes, not a recommendation.
AMZNWatch how this stock moves through this, which I consider an indicator with which I can know the movement of all the charts
Short Amazon For Intraday Short Amazon at 2986
Target - 2900
Sl - 40 Point
There is a Trend revealing Parten in Amazon which can give his fuel to hit a low point. It looks like a trap
AMAZON Consolidation Monthly-TimeframeIts very important that the price remains within the parallel consolidation channel. The price should remain in the 2880-3550 consolidation range. As soon a monthly closing happens above or below this channel , we can expect a violent move in that side. Till then bid your time and watch out the VCP pattern playing out
AMZON200 week average at lower levels. 5 year average. around 50% retracement.
Weekly RSI Oversold
Retracement 50% and 61.8% could be opportunity for passive long term.
Amazon Head & Shoulder BreakoutCurrently trading at 3430, as market is bullish, ignoring all negative news. If amazon able to post good numbers. It will be super buy above 3555 for new life time high.
Amazon.com (AMZN) technical analysisHello, This is my first ever published Technical Analysis.
According to my analysis the price will go up.
We should take entry at 3262
The target should be at 3340
Stop Loss at 3234.
Note: This is just a Technical Analysis if by any chance my target doesn't become reality and you lose money then I will not be the liable person for your investment on any particular asset that you have made, only you will be the responsible for your trade/investment.
after a downtrend amz has shown good momentum for upside tgt and sl are indictated.
1st tgt can be 81 for safe traders but thats the least ir can go
90 and 95 are other targets
trail your stoploss using Fibonacci or pivots
