Strategies Homework for Tuesday to Thursday" Homework is updated every Tuesday and Thursday, containing personal insights that are not investment recommendations. Investors are responsible for their own decisions. Market fluctuations vary across different timeframes, and the insights provided focus primarily on personal strategies for the purpose of contributing and learning
"Amazon (AMZN) Multi-Timeframe Analysis: Key Levels and Bullish Potential Across Timeframes"
Key Levels and Targets:Exhaustion Level: $267 - This represents a strong resistance level, where Amazon may face significant selling pressure if the price reaches this point.TP3 (Intense): $242 - A high-intensity take profit level, indicating where upward momentum could slow as sellers may step in.TP2 (Sustained): $227 - A moderate target level where Amazon could consolidate if the uptrend continues.TP1 (Consolidation): $212 - The initial take profit level, suggesting a potential area for consolidation or pullback.SL/Volatility Entry: $198 - A critical support level that serves as an entry or stop loss point for risk management.Trailing Stop Loss: $190 - This level serves as a trailing stop to secure profits if Amazon reverses downward.Indicator and Trend Insights:The timeframe matrix on the right shows consistent buy signals across all major timeframes (2 minutes up to 1 week), which indicates a generally bullish outlook for Amazon.The aggregate state is set to "Reaccumulation," suggesting that Amazon is in a phase where buyers are gradually stepping in, potentially setting the stage for a continued uptrend.The technical indicators at the bottom (MACD, RSI, MA, Stochastic) are mostly in a "Buy Running" or "Running Up" state, which confirms bullish momentum.Projection:If Amazon can maintain its position above the $198 support (SL/Volatility Entry), it may continue to move towards the higher take profit levels. The progression would likely follow from $212 (TP1) to $227 (TP2) and possibly reach $242 (TP3) if buying pressure remains strong. In a strong rally, Amazon could even test the exhaustion level of $267.
However, if Amazon breaks below $198, it may test lower support levels, and the trailing stop at $190 could help protect profits or limit losses if a downtrend begins.
However, if Amazon breaks below $198, it may test lower support levels, and the trailing stop at $190 could help protect profits or limit losses if a downtrend begins.
Key Levels and Targets:Exhaustion Level: $234 - This is the upper resistance level, where Amazon may face selling pressure if the price rises to this point.TP3 (Intense): $222 - A high take profit level, where momentum could slow as sellers may start taking profits.TP2 (Sustained): $217 - A moderate target level, where Amazon could consolidate if it continues the uptrend.TP1 (Consolidation): $213 - The first take profit level, suggesting an area for potential consolidation or pullback.SL/Volatility Entry: $208 - A key support level that serves as an entry or stop loss point, essential for managing risk.Trailing Stop Loss: $205 - This level is used as a trailing stop to lock in profits if Amazon’s price begins to decline.Indicator and Trend Insights:The timeframe matrix on the right side shows consistent buy signals across all timeframes (from 2 minutes to 1 week), reflecting strong bullish momentum for Amazon.The aggregate state is set to "Accumulation," which suggests that Amazon is gathering buying interest and may be setting up for further upward movement.The technical indicators (MACD, RSI, MA, Stochastic) at the bottom mostly indicate "Buy Running" or "Running Up" signals, which aligns with a continuation of the uptrend.Projection:If Amazon holds above the $208 support level, it has the potential to move towards the higher take profit levels, from $213 (TP1) up to $234 (Exhaustion) in a strong rally. Each take profit level ($213, $217, and $222) serves as a checkpoint where price action can be evaluated to assess whether the bullish momentum is sustaining.
If Amazon breaks below $208, it may indicate a potential pullback, with the trailing stop at $205 helping to protect against significant losses or securing partial profits.
If Amazon breaks below $208, it may indicate a potential pullback, with the trailing stop at $205 helping to protect against significant losses or securing partial profits.
Key Levels and Targets:Exhaustion Level: $232 - This level represents a strong resistance point where Amazon could encounter significant selling pressure if it reaches this area.TP3 (Intense): $220 - A high take profit level where the upward momentum could begin to slow as profit-taking may occur.TP2 (Sustained): $216 - A moderate target level, which could act as a consolidation point if Amazon maintains its uptrend.TP1 (Consolidation): $212 - The initial take profit level, indicating a potential area for consolidation or a pullback.SL/Volatility Entry: $209 - A key support level that also serves as a volatility-based entry, helping to manage risk in the event of a pullback.Trailing Stop Loss: $206 - This trailing stop loss level is positioned to lock in profits if Amazon’s price reverses downward.Indicator and Trend Insights:The timeframe matrix on the right shows consistent buy signals across all timeframes (from 2 minutes to 1 week), indicating strong bullish momentum for Amazon.The aggregate state is set to "Reaccumulation," suggesting that Amazon is gathering buying interest, which may support further upward movement.Technical indicators (MACD, RSI, MA, Stochastic) at the bottom show a mix of "Buy Running" and "Running Up" signals, suggesting that the current momentum remains in favor of the bulls.Projection:If Amazon can hold above the $209 support level, it has the potential to reach the higher take profit levels. The progression would likely go from $212 (TP1) to $216 (TP2) and potentially up to $220 (TP3), with the ultimate target at $232 in a strong rally. These levels act as checkpoints for assessing whether the uptrend remains intact.
If Amazon breaks below $209, it may indicate a possible retracement, with the trailing stop at $206 serving to secure profits or minimize losses if a downtrend begins.
If Amazon breaks below $209, it may indicate a possible retracement, with the trailing stop at $206 serving to secure profits or minimize losses if a downtrend begins.
Key Levels and Targets:Exhaustion Level: $225 - This level represents a significant resistance point where Amazon might face selling pressure if the price reaches this level.TP3 (Intense): $215 - A high take profit level, indicating where upward momentum could slow as sellers may start to take profits.TP2 (Sustained): $213 - A moderate target level that may act as a consolidation point if the uptrend persists.TP1 (Consolidation): $211 - The first take profit level, suggesting an area where Amazon could consolidate or pull back.SL/Volatility Entry: $208 - A crucial support level that serves as an entry or stop loss point, essential for risk management.Trailing Stop Loss: $206 - This level is used as a trailing stop to lock in profits if Amazon’s price begins to decline.Indicator and Trend Insights:The timeframe matrix on the right shows buy signals across all major timeframes, indicating overall bullish sentiment for Amazon.The aggregate state is set to "Reaccumulation," suggesting that Amazon is gathering buying interest, potentially supporting further upward movement.The technical indicators (MACD, RSI, MA, Stochastic) show mixed signals with "Sideway" and "Buy Running," indicating a pause or potential continuation depending on the market conditions.Projection:If Amazon holds above the $208 support level, it could move toward the higher take profit levels, starting with $211 (TP1) and possibly reaching $215 (TP3). In a strong rally, it might even test the exhaustion level at $225.
However, if Amazon falls below $208, a potential pullback could occur, with the trailing stop at $206 acting as a protective measure to secure profits or minimize losses if a downtrend begins.
However, if Amazon falls below $208, a potential pullback could occur, with the trailing stop at $206 acting as a protective measure to secure profits or minimize losses if a downtrend begins.