amazon

Faang composite and my prediction for the next couple of years. White line is projected price action, which I believe will be controlled by Algo trading bots.

Hyperwaves are a subset of bubbles, there are MASSIVE bubbles. When I saw this was made public I whined inside because it means then it stops working, but the wall street market cycle thing has been available for a while, and it still works PERFECTLY. PERFECTLY. It is as if the more information is made available, the more people fall for the same mistakes again...

The weekly timeframe confirms the uptrend and the falling from the highs it is just a correction movement. If we look at the daily timeframe, we can see this correction. Now the price is at the local downtrend line where the price action will show further market movements. Here we have 2 possible variants which are important for us. A breakout - if the price can...

I went and compared the 2000 dotcom bubble burst to the 2018 cannabis bubble burst and i think there is a eye opening similarity. I see Aurora as a big player in the cannbiz but their delution on the shareholder will hurt the stock price even more. In my analysis there is a decline of another 50% to come and if you look at...

Corrective ABC forming. Let's wait that little C wave to complete that big B wave, and let's short that big C wave. Little bearish divergence on RSI on 2h. MACD doesn't looking too bullish, but I think Amazon will test golden pocket (0.618 - 0.65 Fib) level again. I think that horizontal resistance in golden pocket will stop this little bull market. In case that...

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,...

Amazon made quite the bounce up the past weeks after the inverse H&S i posted a few weeks ago. The rally has been quite strong, so based on that, there is a chance this H&S might fail, but at the moment the neckline is already about to break. The target is the yellow zone if the neckline breaks. Previous...

No telling direction as of yet, except for sideways...until Amazon shows otherwise.

COTD Video thefinancialforecast.com Amazon is behaving sideways in non-trend zone between 1875-1409 since the drop to 1307, a loss of 37% in 4 months. Currently the price is moving inside the high probability area for the corrective wave of the previous decline, pushing the balance to the bearish side in the long term, due to...

AMZN is finding resistance at the 50 week moving average, and could be set to test the 100/200 week moving averages going forward. Currently, price is holding near the 20 week moving average after finding several weeks of rejection from the 50 week moving average. If the 20 week moving average breaks, we could see AMZN come down to retest the 100 week moving...

Since my first Amazon analysis, we rallied higher towards a potential double top target, but we met resistance pretty quickly and have begun to drop. There's no need to panic yet, because it seems like the uptrend from 2015 is still intact (in orange). However, if that fails, we may have to head all the way down to our long term log support (in purple), especially...

Downtrend?

AMZN is currently down trend since October 2018. Resistance is at $1650 (100MA) and support is at $1600 (50MA). Since January 2019, 50MA has been touched 8 times so it's a very strong support. If it breaks support with strong volume then it could go to support trend line in 1 month.

The steady decline of Amazon is clear to see if you just open your eyes, but people don't want to do that as they are brainwashed!! A recession is coming, if you cant see it then you will loose everything! Simple as that really.. Look at the bigger picture and don't believe all the s#it you are fed by the government and big business owners.. of course they don't...

Price closing below $1572.30 presents trouble for Amazon. Analysis for the e-commerce giant, Amazon is presented on the 4 hour timeframe using a logarithmic scale. Over 13 months of price action is covered including the bullish trendline in Amazon since October 24, 2017. Amazon has traded lower ever since it reached a price high of $2050.27 achieved on September...

THE PICTURE'S TALKING :)

40% of the money spent online in the US goes through Amazon. Plus the Megalodon is giving us a buy on the technical side! The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! Send me a message if you would like to...

When Time and Price meet each other !