#AMZN Head and shoulder's ? Quite Possibly! Short

Amazon.com, Inc.NASDAQ

Description

⋅ Sep 24, 2023 4:39 PM

In this environment

I would say this is a distinct possibility

1.3 Trillion Market Cap

107.6 P/E

SPX PE @ 20

Yes very plausible.

Trade active

⋅ Oct 26, 2023 4:43 PM

Neckline at around 86 dollars!

Comments

Isabella78

⋅ Sep 24, 2023 8:44 PM

So… will it ever get back to 141?

BallaJi

⋅ Sep 25, 2023 12:22 PM

@Isabella78, I think people who bought Amazon in the past 5 years could get trapped ...

That Bearish engulfing candlestick on the monthly is giving you a clear signal.

Isabella78

⋅ Sep 25, 2023 1:05 PM

Then why would anybody ever buy stocks😂

BallaJi

⋅ Sep 25, 2023 1:18 PM

@Isabella78, lolol ... cos people on TV told them to! :)

MyCryptoParadise_Nathan

⋅ Sep 25, 2023 11:46 AM

Thanks For Your Analysis & Insights, Keep It Up

Alex66666667

⋅ Oct 30, 2023 9:00 AM

Hello