Amazon - This Could Be The Breakout Rally!Amazon ( NASDAQ:AMZN ) is creating a major breakout:
Click chart above to see the detailed analysis👆🏻
With this monthly candle, Amazon is finally breaking above the previous all time highs and could therefore start the next major bullish cycle. After a 5 year consolidation, a confirmed breakout will lead to an unbelievable short squeeze, which could bring us all the way up to the top of the channel.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
Jeffbezos
Can Two Paths of Wealth Lead to the Same Mountain of Impact?In an era where wealth accumulation often dominates financial headlines, Amazon's founding family presents a fascinating dichotomy that challenges our traditional understanding of success and impact. Jeff Bezos and MacKenzie Scott, once united in building one of the world's most valuable companies, now demonstrate how divergent approaches to wealth management can equally shape our future, albeit through distinctly different lenses.
The stark contrast becomes apparent in their recent financial movements: Bezos's methodical $5.1 billion stock sale through a carefully orchestrated 10b5-1 trading plan showcases traditional wealth management at its finest, maintaining significant control while diversifying assets. Meanwhile, Scott's bold $8 billion divestment for charitable causes, part of her larger $37 billion philanthropic initiative, revolutionizes the concept of billionaire responsibility. This juxtaposition raises intriguing questions about the multiple paths to creating lasting societal impact.
What emerges is a compelling narrative about the evolution of wealth stewardship in the 21st century. While Bezos continues to influence global markets and pioneer space exploration with his retained $213 billion in Amazon shares, Scott's approach of direct, unrestricted funding to over 2,300 nonprofit organizations challenges traditional philanthropic models. Their contrasting strategies suggest that perhaps the true measure of wealth lies not in its accumulation, but in its potential to effect change – whether through market innovation or direct societal intervention. This modern tale of two wealth philosophies invites us to reconsider our own definitions of success and impact in an age of unprecedented financial capability.
AMAZON | AMZN , Jeff is back? While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while showing a YoY jump by nearly 11%. As an immediate reaction, the stock is up nearly 8% after-hours, although this can turn on a dime.I wrote in my preview that Amazon still remains a revenue story and to pay attention to Q2's actual revenue and Q3's revenue guidance. Amazon hit it out of the park on both counts, with Q2 revenue showing an 11% jump and Q3 guidance of $138 billion to $143 billion, easily upping the consensus of $138.29 billion.
As a direct effect of the company reining in on its expenses, Amazon's Free Cash Flow ("FCF") in Q2 2023 improved to almost $8 billon compared to -$23.5 billion in Q2 2022. Headcount is now down 4% YoY.Advertising, which I've highlighted as the next growth driver in many of my past articles, was up 22% YoY. But, more importantly, resumed its upward trajectory on a quarterly basis. Advertising services revenue showed continuous QoQ improvement until the first blip in Q1 2023. Whether Q2's upsurge is a new trend remains to be seen, but it is encouraging that Q2 did not follow Q1 down. I am also glad that my prediction that advertising will cross $10 billion in sales came true.It appears like retail has finally stopped bleeding profusely to avoid wasting all the gains from AWS and Advertising. In my view, retail is just their medium to sell their ecosystem, and this is acceptable to me.
Heading into earnings, Amazon stock was almost into the oversold territory with a Relative Strength Index ("RSI") of 37. Revenue beat and guidance should help the stock garner more analyst support in the upcoming days, and I fully expect the stock's almost-oversold conditions to be in the stock's favor as it has plenty of room upwards technically. The after-hours move has also helped the stock clear all of the commonly used moving averages.AWS's revenue and operating income appeared to be on a perennial, mid-double-digit growth trajectory until recently. However, Q2 saw AWS' sales increase by "just" 12% while operating income fell by more than 5%. It is in this context that advertising services becomes even more important. While $22 billion is strong, it fell well short of the $25 billion I predicted, as the company aims to cross $100 billion in 2023 AWS revenue.
The stock was already up 50% YTD heading into earnings and the run appears set to continue. I am not complaining as a long, but it shouldn't surprise anyone to see the stock pullback from the highs given the market's shaky behavior the last few days.
Overall, Q2 results are much better than Q1, and that shows in the stock's performance, at least as shown in the after-hours price movement. However, Amazon has never been a single quarter or single year story for me. Amazon's ecosystem is enough reason for me to continue believing in the company long-term. The ability to leverage multiple products and services across the entire organization is not something any company can build overnight. In fact, even Amazon has taken nearly 30 years to be the company that it is today
Amazon.comHello community,
A little analysis of Amazon stock.
We must watch the break of the trend line.
The movement is bullish, the 200-period simple average is bullish.
The 3 green zones on the chart indicate the accumulation zones.
The end-of-year holidays should be beneficial for the stock.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMAZN before the previous earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 190usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $11.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Amazon - Give me another -10%...NASDAQ:AMZN did not create a sustainable all time high yet and might head lower short term.
Click image above to see detailed analysis
Short term counter-trend moves are always very welcome because they allow you to enter trading opportunities within a major higher timeframe trend. After Amazon actually broke above the previous all time high but immediately closed back below, we knew that this was a false breakout. If we get a short term move lower, we might get another textbook trading opportunity.
Levels to watch: $140
Keep your long term vision,
Philip - BasicTrading
Amazon - Two trading setups!Hello Traders and Investors, today I will take a look at Amazon.
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Explanation of my video analysis:
In 2020 Amazon stock created massive resistance roughly at the $180 level and started a major correction away from the resistance in 2022. As we are speaking Amazon stock is once again retesting this major resistance level and is therefore at a quite decisive inflection point. Either we will see a breakout or another rejection after which we could then see the overall continuation towards the upside.
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Keep your long term vision,
Philip (BasicTrading)
INJ is ready for mainstream adoption.Hey! its Dalin.
Just dropping in to share a chart on INJ.
This cycle reminds me of Amazon as it was starting to breakout.
Later amazon became a household name, I think INJ could do this on a smaller scale.
I am keeping my eyes on this one.
And soon my wallet.
- Dalin Anderson
Amazon - Break And RetestHello Traders, welcome to today's analysis of Amazon.
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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.
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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.
#AAPL Threatening to break uptrend since start of yearApple is looking rather precarious in my opinion. This will be the 4th touch of the upsloping trendling which has kept support intact and allowed Apple to gradually move higher since the beginning of 2023. We also seem to be morphing in the shape of a flat top triangle which are known notoriously to break down. Apple has also held above its 200dma (green ma) but now seems to be losing that as well. Should we see a convincing close below this $181 level, then there is a strong possibility that the stock could fall as low as $164 which is the target of the flat top triangle breaking down..
Jeff Bezos' $2 Billion Amazon Stock Sell-Off: What Does It Mean?Amazon.com's ( NASDAQ:AMZN ) iconic founder Jeff Bezos recently offloaded approximately 12 million shares of the tech behemoth, amassing a staggering $2 billion in the process. This significant divestiture, disclosed in a regulatory filing last Friday, marks the commencement of a meticulously planned sell-off strategy laid out by Bezos himself, raising eyebrows and prompting speculation about the future trajectory of both the company and its visionary leader.
The timing of Bezos' share sale, strategically spread over two days—Wednesday and Thursday of last week—coincided with Amazon's ( NASDAQ:AMZN ) announcement regarding his intention to part ways with up to 50 million shares in the firm. This calculated move underscores Bezos' commitment to diversification and risk management, while also fueling conjecture regarding his long-term strategic vision for Amazon ( NASDAQ:AMZN ).
According to Amazon's latest annual report, the sale plan was initiated on November 8, 2023, with a stipulated completion date of January 31, 2025, subject to certain conditions. This meticulous planning highlights Bezos' astute financial acumen and his proactive approach to wealth management, ensuring a smooth transition of assets while maintaining his position as a key stakeholder in the company he famously founded as an online bookseller in 1994.
Bezos, who relinquished the reins of Amazon's day-to-day operations in 2021, assuming the role of executive chairman, continues to wield considerable influence within the organization. With a net worth exceeding a staggering $200 billion, as per the Bloomberg Billionaires Index, Bezos remains an indomitable force in the global business landscape, shaping Amazon's strategic direction and cementing his legacy as one of the world's foremost entrepreneurs.
Despite Bezos' unprecedented success and unwavering confidence in Amazon's prospects, his decision to liquidate a substantial portion of his holdings raises pertinent questions about the company's growth trajectory and the broader e-commerce landscape. As Amazon ( NASDAQ:AMZN ) faces intensifying competition and regulatory scrutiny, Bezos' strategic maneuvering serves as a litmus test for investor sentiment and market dynamics in the post-pandemic era.
While Bezos' stock sell-off may be perceived as a prudent move to diversify his investment portfolio and mitigate risk, it also underscores the evolving nature of his relationship with Amazon ( NASDAQ:AMZN )—a company he nurtured from its humble beginnings into a global juggernaut. As Bezos charts a new course in his entrepreneurial journey, navigating uncharted waters and exploring new opportunities, the Amazon ( NASDAQ:AMZN ) faithful await with bated breath, eager to witness the next chapter in the company's storied evolution.
In conclusion, Jeff Bezos' $2 billion Amazon ( NASDAQ:AMZN ) stock sell-off symbolizes a pivotal moment in the company's history, emblematic of its founder's strategic foresight and unwavering commitment to long-term success. As Bezos redefines his role within Amazon ( NASDAQ:AMZN ) and embarks on new ventures, the legacy of innovation and disruption he leaves behind serves as a testament to his enduring legacy as a visionary leader in the digital age.
Amazon - The New SetupHello Traders, welcome to today's analysis of Amazon.
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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.
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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.
Bezos' Strategic Move: Plans to Sell 50 Million Amazon SharesIn a recent filing with the Securities and Exchange Commission (SEC), it was revealed that Jeff Bezos, the executive chair of Amazon ( NASDAQ:AMZN ), plans to sell a substantial portion of his Amazon ( NASDAQ:AMZN ) shares over the next 12 months. The billionaire founder's decision to part ways with up to 50 million shares has sparked considerable interest and speculation in financial circles. This move comes at a time when Amazon ( NASDAQ:AMZN ) continues to dominate the e-commerce landscape and has reported impressive financial results.
1. Strategic Planning and Timing:
Jeff Bezos adopted a prearranged trading plan in November, outlining the sale of a maximum of 50 million Amazon ( NASDAQ:AMZN ) shares over a period ending on January 25 of the following year, subject to certain conditions. This strategic move raises questions about the timing and motivations behind the decision. Investors and analysts alike are eager to understand the rationale behind selling a significant portion of Bezos' nearly one billion shares.
2. Impact on Bezos' Wealth:
Bezos' stake in Amazon ( NASDAQ:AMZN ) is substantial, with over 988 million shares, making up a significant portion of his $193.3 billion personal fortune. As the founder and former CEO of Amazon ( NASDAQ:AMZN ), Bezos has played a pivotal role in the company's growth over the past 27 years. The sale of such a large number of shares could have a profound impact on his overall wealth and potentially reshape the dynamics of his investment portfolio.
3. Market Reaction and Stock Performance:
Amazon's ( NASDAQ:AMZN ) stock price has experienced an upward trajectory, especially following the company's strong financial performance in the fourth quarter, reporting $169.96 billion in revenue and $10.6 billion in net income. The market capitalization stood at $1.77 trillion as of the latest reports. Bezos' decision to sell shares could influence market sentiment and impact the company's stock performance in the short term.
4. Evolution of Bezos' Role:
Bezos stepped down as Amazon's CEO in July 2021, assuming the role of executive chair. This move allowed him to focus on other ventures, such as his space exploration company, Blue Origin, and the Bezos Earth Fund. The decision to sell shares might align with Bezos' evolving priorities and investment strategies, signaling a shift in focus from day-to-day operations to broader initiatives.
5. Analyst Perspectives and Speculation:
Financial analysts and experts are likely to closely monitor Bezos' stock sale and its impact on Amazon's ( NASDAQ:AMZN ) performance. Speculation about the destination of the funds generated from the sale, as well as potential future plans or investments by Bezos, will add an intriguing dimension to the ongoing narrative.
Conclusion:
Jeff Bezos' plan to sell 50 million Amazon ( NASDAQ:AMZN ) shares in the coming year has ignited discussions about the implications for both his personal wealth and the company's stock performance. As investors and analysts observe the market's response, the strategic nature of this move raises intriguing questions about Bezos' long-term vision and the future direction of his investments.
Ex-wife of Jeff Bezos, MacKenzie sold $10 Bil worth of $AMZN
In the ever-evolving landscape of billionaire philanthropy, MacKenzie Scott, the ex-wife of Amazon's founder Jeff Bezos, stands out as a compelling figure. Her recent financial moves, particularly the divestment of approximately $10 billion worth of Amazon( NASDAQ:AMZN ) shares, have not only shaped her investment portfolio but also underscored her dedication to transformative philanthropy. As one of the top 5 oldest female billionaires at the age of 53, Scott's journey from a high-profile divorce to becoming a major force in global giving is captivating.
The Evolution of Scott's Wealth:
After her divorce from Jeff Bezos in 2019, Scott secured a 4% stake in Amazon ( NASDAQ:AMZN ), valued at around $37 billion at the time. However, recent regulatory filings reveal a strategic adjustment in her investment holdings. Over the past year, she has divested 65.3 million shares, equivalent to a quarter of her initial stake. Despite relinquishing a significant portion of her Amazon ( NASDAQ:AMZN ) shares, the company continues to dominate her financial portfolio, contributing to her current net worth of $37.6 billion, as reported by the Bloomberg Billionaires Index.
Philanthropy as a Driving Force:
What sets MacKenzie Scott apart is not just her wealth but her commitment to philanthropy. In the last five years, she has generously donated over $16.5 billion to more than 360 charitable organizations. This dedication to giving back is not just a testament to her financial success but also a demonstration of her values. Having signed the Giving Pledge in 2019, Scott has made a non-binding commitment to donate the majority of her wealth, showcasing a thoughtful approach to philanthropy.
A Remarkable Surge in Wealth:
Scott's financial trajectory is nothing short of remarkable. Within a mere two months, her net worth experienced a staggering increase from $24.4 billion to $34.9 billion, marking a notable 43.03% uptick. This meteoric rise in wealth is not just about accumulating assets but about utilizing them as a force for positive change in the world.
A Closer Look at Scott's Contributions:
One of the standout acts of philanthropy is Scott's recent unrestricted $12 million donation to Howard University College of Medicine. This generous contribution is set to establish an innovative center in collaboration with the College of Engineering and Architecture, marking her second significant donation to the institution. Scott's philanthropic endeavors extend far beyond a single institution, encompassing diverse causes that collectively received $2.15 billion in the past year.
Amazon - Massive Resistance AheadHello Traders, welcome to today's analysis of Amazon.
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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.
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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.
Amazon Soaring: Unveiling the AI-Powered Path to Prosperity
The recent surge in Amazon's stock, propelling its founder Jeff Bezos to a staggering $3.8 billion gain in just 24 hours, reflects not only the resilience of the e-commerce giant but also the growing investor confidence in its 2024 outlook.
Market Resilience Amidst Tech Turbulence:
Despite facing headwinds alongside other major tech firms during last week's market downturn, Amazon demonstrated remarkable resilience, boasting a 2.60% increase in its shares in Todays trading session. This resilience is attributed to the optimistic outlook on Amazon's profit prospects, particularly fueled by advancements in artificial intelligence (AI).
The Power of AI Investments:
Amazon's strategic investments made during the pandemic are proving to be a catalyst for its current success. The company's commitment to AI development is paying off, with advancements in technology contributing to robust growth trends and improved profit margins. As the world becomes increasingly digitized, Amazon's proactive stance in harnessing the potential of AI positions it at the forefront of the e-commerce and technology sectors.
Cloud Business Boom:
A noteworthy factor contributing to Amazon's positive momentum is the anticipated increase in demand for its cloud business, driven by AI advancements. As businesses across the globe recognize the transformative power of AI, Amazon is well-positioned to capitalize on this trend. The company's cloud services, bolstered by AI capabilities, are expected to play a pivotal role in meeting the evolving needs of industries ranging from healthcare to finance.
Jeff Bezos: The Top Gainer:
The $3.8 billion boost in Jeff Bezos' net worth not only solidifies his status as one of the world's wealthiest individuals but also highlights his unwavering commitment to Amazon's success. Bezos, as the visionary founder, continues to steer the company toward new heights, leveraging AI and other cutting-edge technologies to secure its dominant position in the market.
Technical Analysis: A Bullish Outlook:
A closer look at Amazon's technical analysis reveals a strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates a continued rise in the stock's value. The breakthrough of resistance at $145 reinforces the bullish sentiment, predicting a further ascent in the near future.
Conclusion:
Amazon's recent stock surge, coupled with Jeff Bezos' substantial gains, underscores the company's ability to weather market uncertainties and emerge stronger. As AI continues to shape the future of technology and business, Amazon's strategic investments and forward-thinking approach position it as a beacon of success in the e-commerce and cloud computing arenas. Investors and industry enthusiasts alike are eagerly watching as Amazon navigates the evolving landscape, driven by the promise of AI-powered prosperity.
Let AMZN Be … [ Short-term] Uhm... ohm...
I think we should leave NASDAQ:AMZN and @JeffBezos alone.
The #Amazon price has fiercely struggled in the range of 140-150 for over a month. Bulls and bears have been battling for every inch of territory, causing traffic jams, and there's not much we can do.
However, with a strong full-bodied candle last week and Bulls gradually winning small battles, my prediction is that as soon as the market opens, we will have a Gap up.
HOWEVER , this is not the time to Buy. Chasing the peak is always wrong. Just stay put, please.
The time for a beautiful Buy position might be shaking its leg, enjoying itself, has passed since the end of October.
Be patient and wait for the next opportunity.
WHAT A WISE TRADER DOES?
If you're holding a Buy position : Move the stop loss to a safe point to preserve profits.
If you're holding a Sell position : Uhm... set the stop loss carefully.
If you haven't done anything yet? Well, just continue not doing anything!
AMAZON --- is down over 40%! 2031 Till next ATH?The drawdown visualisation is a great tool to determine the characteristic of previous and current market conditions in whatever asset you are looking it.
Here I have drawn up AMZN priced in CPI index units rather than notional US Dollar's.
For what purpose do people allocate money to equities... but to grow a nest-egg for the your future.
But timing is everything
And we can see that AMZN is currently down over 40% priced against goods/services/expenditures
Effectively you have gotten 40% poorer
(assuming 100% allocation at the top... unlikely I know ,,, but for illustrative purposes still useful to know. ..
And the point is how during a bull market, the price doesn't deviate away from the high that much. in 2022 we have already been down 60% are we facing a price reset for risk and stalling market for the rest of the decade. It has happened many times before, so we have to assume the old adage History Rhyming.
Amazon (AMZN) Breaking the RED line and 100$ wall was a big short signal and now we heading to another big support level which is 80$
Wall Street equities were in the red on Monday with Nasdaq leading declines as investors worried the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession.
while Amazon workers will go on formal strike for the first time in the UK, The three major U.S. stock indexes were on track for the fourth straight day of declines since Wednesday, Fed Chair Jerome Powell took a more hawkish tone than expected when the central bank raised interest rates. Powell promised further increases even as weak data showed signs of a weakening economy.
The S&P 500, the Dow Industrials and the Nasdaq have sold off sharply for December, on track their biggest annual declines since the 2008 financial crisis.
Im not close my shorts till we back to 70$ level
are you READY for 2023?
AMZN Amazon Technical ReboundIf you haven`t sold Amazon`s slowest growth since 2001, with EPS far below analyst predictions:
Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of AMZN is close to oversold level.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
The chart is self-explanatory.
Looking forward to read your opinion about it.
AMZN Amazon 20-for-1 Split on Monday, June 6AMZN Amazon was the last giant company which didn`t split its stock.
And the $2510 price was somehow prohibitive for retail investors.
The 20-for-1 Split will be more retail investor friendly and we could play some options at a decent price for AMZN.
Statistically we saw an increase in price of every company that did a stock split so far, so i expect the same for AMZN Amazon.
My price target is $2738 or its split equivalent by the end of next week.
I see an 11.30% upside from here.
Looking forward to read your opinion about it.