Trading Idea – Entry Point 103.6/61.80%

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its Websites, as well as its stores; and programs that allow authors, musicians, filmmakers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, and other AWS services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.
Trading Idea – Entry Point 103.6/61.80%

Critical Support Level 81.5/61.80%

Trading Idea – Entry point 99/61.80%.

1st Fibo Fan line

2nd Fibo Fan line

0.786 Fibo fan line was strong support level.


Target price is 2841/423.60%.

Target price is 2708/423.60%.

Macro view. Target price is 2841/423.60%.

Near target price is 2721/423.60%.

Macro view. Hit the resistance fan line.

Red alert! Hit the 423.60%.

2347 is support level.

Now in danger. Check support zone 2336/61.80% ~ 2347

Target price is huge. Right now looks tired.