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Amznlong

AMZNSomeone asked for a quick AMZN review so here’s a quick one. Think we put in Wave iii up — lines up with 1.618 extension pretty well per my count. Based on my count, wave ii was a shallow retrace so ultimately I would really prefer to see a wave iv retrace go to at least 50%. The boxes in grey can represent some potential bounce zones to help establish the a - b - c wave down count. I don’t trade retrace waves, rather I follow along and watch price action as it enters respective fib Retracement levels. It’s the impulse wave up that you want to trade and use the retraces as confirmation. So at .236; .382; or .5 levels, I’ll watch price action, SPECIFICALLY will be looking for a wave 1 - 2 to establish as wave “v” will be in 5 waves. This is where I wait. Watch price enter demand with some fib alignment, have a bounce out and then look for a healthy retrace with a higher low, indicating my 1 - 2 setup!
NASDAQ:AMZN
by PT_Marche
AMZN technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support 📌Why DepaDigitalTrading: *Analysis based on my program and tactic readings *Fundamental side in analysis *Price action - FIBO - Candl pattern *FX - STOCK - CRYPTO *Day trader - Swing trader - Position trader - "Sniper" *Simple ideas 💡 AMZN technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formed, technicaly picture good, expecting to see push in price till FIBO 0.7 possible and break of 0.7 FIBO 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
NASDAQ:AMZN
by UnknownUnicorn3983388
The Time to Accumulate and Buy Great Companies is Here After witnessing the largest drop in S&P 500 in a week since the global financial crisis in 2008, we have seen the prices of many fundamentally good companies tumbling from being overbought such as AMZN. Thus, with AMZN prices falling to its support at 1850 as well as being supported by its long-term trendline, we can expect prices rising back to 2030 then to its all-time high. This provides an excellent for both short-term traders and long term investors to ride a potential rebound to the upside.
NASDAQ:AMZNLong
by minjiarui16
2
AMZN | Ascending Triangle + Strong FundamentalPlease support this idea with LIKE if you find it useful. Initiate Long. Entry - 2045.68 TP1 - 2225.41 TP2 - 2357.57 TP3 - 2455.36 SL - 1995.46 Reason: Price formed an Ascending Triangle and now trading near Resistance. We have strong fudamental reason for the Resistance to be broken. It's company earnings report, as CNN says "Amazon blew Wall Street's expectations out of the water" Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
NASDAQ:AMZNLong
by Anpu
7