I'd be watching my AMZN longs here, we have a pullback rejection and a bearish rising wedge in a downtrend (which has high probability to break down).
Trade safe!
Forget the moon, forget Bitcoin, forget Litecoin, Ripple is so heavily undervalued and might prepare for a trip to the sun.
The risk/reward on this asset is off the charts!
Fundamental
Where to even begin?
While Bitcoin has been getting all the attention last year or so, Ripple has been working in relative silence.
There has been a decent amount of good news, ...
Beautiful exponential rise for years. Blows off over the upper trendline.
Very similar to MSFT, CSCO, GE in the 90's.
Tech bubble 2.0 about to pop.
AAPL will be strongest thanks to its cash flow and cash level.
After the crash (over 50% for AMZN and GOOGL) the prices will likely recover similar to how CSCO and MSFT did but in 20 years AAPL, AMZN and GOOGL will ...
Hi,
Amazon is starting its last phase in its parabolic advance: there is more room to go up completely parabolic, this phase is starting.
It is of course not possible to know when the parabolic advance will stop.
This is going to burst severely when this last parabolic phase ends, in some weeks or months or a year.
for sure the movement of the price is upward but after price hit the highs level of all time it pullback which's normal to happen in any stock ($MSFT for example). Stochastic give no signs because the price closed in the middle of the trend, I'm talking about (Daily time frame) here.
The price on the general in this month will be flipping in a flat way (sideways) ...
Amazon bends at the knees as it prepares for another 3 pointer!
With the RSI cooling off and a nice healthy pull back to the April 18th Trend line, we are watching a nice healthy power play in the making. I see amazon shooting an absolute bucket with an easy 10% gain into 2100 territory. SWISH, once capitalized at 2100; plan to wait for another rebound off the ...
Hello Traders,
Amazon near-term ended the cycle from 07/31/18 low (1739.56) at the peak of 08/15/18 (1926.26) in black wave ((i)). The internal structure of black wave ((i)) unfolded as a 5 waves structure with an extended blue wave (iii). It ended blue wave (i) at 01/08/18 peak (1800), blue wave (ii) pullback at 02/08/18 at (1818.61) , blue wave (iii) at ...
Amazon has a clear, short time frame head and shoulders. Nearing it's target at $1938.37, which would also fill the gap to the left. Entries would be this area, or the gap just below to the left.
Last week $AMZN price powered by "Bump and run pattern" made a Higher high of all time and for sure we gonna put in the same level a resistance line, Now the price will be looking for a strong support level, If the price willing to break the support level of the 'Mini-Channel' I believe it will bounce back at 1878.57 / 1850.75 levels.
As you probably know already, AMZN has recently hit an all time high becoming the second company to reach a 1 trillion dollar net worth (behind AAPL). However, during this breakthrough the share price has broken a resistance which has proven to be pretty tough in the past. With multiple strong rejections, it is very pleasing that AMZN was finally able to break ...
Stock Analysis, Implications and Outlook
Amazon stock is up plus 1.8% as of this analysis, and it is on a 7th-day positive trading session in a row. It is rare that stock manages to gain so many consecutive days in a row.
The stock is rising steadily to higher within the strong increasing intermediate-term up-trend. For any reaction back there will now be Mean ...
