AMAZON (#AMAZON) weekly uptrend opportunity based On 1.00 Lot Calculation:
GLOBAL E-COMMERCE:
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MARKET SIZE (EXPECTED: $5.55 trillion in 2022): The e-commerce (online sales) market is expected to total $5.55 trillion in 2022, accounting for 21% of total retail sales ($26.42 trillion). Two years ago only 17.8% of sales were made online.
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MARKETS SIZE (EXPECTED: $7.3 TRILLION IN 2025, UP 30% FROM 2022): The global e-commerce market is forecast to be over $7.3 trillion in 2025, compared to 2021’s $4.921 trillion. E- commerce worldwide is expected to represent 24.5% of all global sales in 2025, up from 19.6% in 2021 and 17.8% in 2020.
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MARKET SHARE BY COUNTRY: China is estimated to claim 52.1% of the global market, USA with 19%, UK with 4.8% and Japan with 3.0%. Rest of the world covers 21.1%.
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MARKET SHARE BY COMPANY AND BY SALES: Alibaba (Taobao and Tmall) claimed 24.00%, while Amazon took up 13% of the global e- commerce market. JD.com claimed 9.20% of the market.
U.S. E-COMMERCE:
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MARKET SIZE ($843 billion): The U.S. e-commerce market was $843.15 billion in 2021. The US market grew at 19.7% per year since 2017.
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MARKET GROWTH POTENTIAL (OF TOTAL U.S. RETAIL SALES): U.S. E-COMMERCE MADE 13.2% IN 2021 OF TOTAL RETAIL SALES IN THE U.S. AND IT IS EXPECTED TO MAKE 22% BY 2025. By that time, sales could rise from $843.15 billion to $1.33 trillion.
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MARKET SHARE: Amazon (41%), Walmart (6.6%), eBay (4.25%) and etc.
AMAZON (ANALYSIS AND EVENTS)
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THE COMPANY: Amazon is the world’s largest online retailer by market capitalization (1.17 trillion dollars). It was founded by billionaire Jeff Bezos, one of the richest men in the world.
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EVENT (STOCK SPLIT: 20 to 1): EFFECTIVE ON (MONDAY) JUNE 6, 2020. According to MarketWatch, investors view stock splits as a sign of confidence by management, because splits happen more often in stocks that have bullish momentum behind them. Splits also increase liquidity by making shares more accessible to a wider range of investors, something Amazon acknowledged when it announced its split.
STATISTICS: Since 1980, the shares of companies that do stock splits are typically up 25% a year later, compared to 9% for the broader market, according to a recent study by Bank of America.
RECENT STOCK SPLITS AND STOCK PERFORMANCE (SOURCES: YahooFinance, Bloomberg, Fortrade MT4):
Apple (STOCK SPILT: 7-1 effective June 9, 2014): 3 Months: +8.69%. 6 Months: +19.26%. 12 Months: +37.00%
Tesla (STOCK SPILT: 5-1 effective August 31, 2020): 3 Months: +28%. 6 Months: +53%. 12 Months: +65.91%
Apple (STOCK SPILT: 4-1 effective August 31, 2020): 3 Months: -4.5%. 6 Months: +2.11%. 12 Months: +22.00%
NVidia (STOCK SPILT: 4-1 effective July 20, 2021): 3 Months: +17.60%. 6 Months: +30%. 12 Months: /
*Please note that past performance does not guarantee future results -
PRICE ACTION: THE STOCK HAS HAD A DOWNWARD CORRECTION OF AROUND 47.00% FROM ITS ALL- TIME HIGH OF 3771.84. The stock has fallen to its lowest rate since the COVID pandemic, close to 2000 (April 5, 2020). Amazon was last trading around 2395, and If a full recovery follows to recent all- time highs, the stock could see an upside of around 57%.
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ANALYST OPINION: Morgan Stanley forecasts $3500. Deutsche Bank forecasts $3500. Goldman Sachs forecasts $3700. Credit Suisse forecasts $3700. JPMorgan forecasts $4000.
AMAZON (#AMAZON), June 1, 2022
Current Price: 2395
AMAZON |
Weekly |
Trend direction |
|
3771 |
|
3100 |
|
2800 |
|
2000 |
|
1800 |
|
1600 |
Example of calculation base on weekly trend direction for 1.00 Lot1
AMAZON |
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Pivot Points |
||||||
Profit or loss in $ |
137,600.00 |
70,500.00 |
40,500.00 |
-39,500.00 |
-59,500.00 |
-79,500.00 |
Profit or loss in €2 |
128,379.77 |
65,775.97 |
37,786.20 |
-36,853.20 |
-55,513.05 |
-74,172.90 |
Profit or loss in £2 |
109,329.56 |
56,015.51 |
32,179.12 |
-31,384.58 |
-47,275.50 |
-63,166.43 |
Profit or loss in C$2 |
173,717.25 |
89,004.84 |
51,130.44 |
-49,867.96 |
-75,117.56 |
-100,367.16 |
1. 1.00 lot is equivalent of 100 units
2. Calculations for exchange rate used as of 13:50 (GMT+1) 06/01/2022
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.
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You may wish to consider closing your position in profit, even if it is lower than suggested one
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Trailing stop technique can protect the profit – Ask your Client Manager for more detail