AMZN approaching an intermediate term top

37 4 0
My TrueCast models are flashing a number of signals suggest a period of increasing price volatility for AMZN             coming up next week that will be particularly intense between Monday, July 14th and Tuesday 15th with a second flare-up to follow between Thursday, July 17th and Friday, July 18th.

I look for a multi-day price top to develop during this period of expanded volatility -- probably at, or very near a price of 353.6. Let's put a 10% filter around this center target number and call for the expected top to develop in a range between 351.10 on low end and 356.1 on the high end. When time and price targets collide next week-- it will be time to set up a multi-day short position in AMZN             .
Nice call on AMZN. Quite a play.
mktalert Quad10
Thank you. Let's see how we fare in the projected time and price range. At this juncture I assign a 9-out-of-10 chance we are on target here.
Interesting analysis. Would you mind sharing a bit about your methodology?
mktalert Quad10
Hey Quad,

I have developed a series of algorithms that combine the cyclical analysis forecasting techniques of J.M. Hurst with the time "squaring" philosophies of W.D. Gann. To this concoction I then add a dash of my own 20+ years of market research experience. I blend all three parts together and run it through a computerized filtering mechanism. The output I create in this manner has been trademarked as TrueCast Technology.

As W.D. Gann opined years ago -- and as I personally believe is true today -- when time and price "square" -- a trend change is imminent. In keeping with the spirit of the ideas originally developed by Hurst and Gann -- I will always post both a specific price and time target for each of the periods under consideration, ie. intraday/day/week/month.

My hope is this broad overview of my methodology has served as an acceptable answer to your question. I appreciate your interest and look forward to the prospect of chatting with you again.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out