I expect amazon to continue it's correction a little longer before we see one final push up before the massive stock market crash that is to come. I have labeled my expected targets for the upcoming weeks. This is not financial advice, simply my thoughts on the market. Let me know what you think. Good luck, Zerotozeros
I posted earlier on my Instagram www.instagram.com that I can see downside targets in Amazon for the intermediate term achieved and this could present a buying opportunity. Long-Term I was looking to test the March Lows, however, it has retraced 50%, which is technically the median point of this rally, where traders can load up at cheaper prices.
Hello everybody, hope y'all had an amazing weekend, today I would love to talk about AMZN and GOOGLE and talk about happens for the last week as usual. First I want to talk about those two stock in one post together for a reason, because I saw that those two stocks moving side by side 70% of the time last week also they are now about to face the same problem or...
Technical Analysis and Outlook Bulls rebound from Stock Dip $1619.20 signaling that higher prices are a possible interim by targeting Mean Resistance $1870 (Stage 2). If the stock extends the ascend by closing above Mean Resistance $1870, this would confirm that a short-term bullishness has been positioned with Mean Resistance $2012.7 0. Bears will eye,...
Amazon Buy Idea @ Monthly Demand Zone (1519.41 - 1348.90) Sell Limit: 1529.98 Stop Loss: 1327.61 Take Profit: 1928.98 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:1.5 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it...
I have been short Amazon since 1870 and am currently in good profit. Amazon has been overvalued for a long long time. If people do not regain confidence in the stock it will drop much more.
go home yankee...
SPX is currently advancing parabolically. The third touch offers the highest upside, with a possibility of 100% increases. This is similar to the parabola that formed on bitcoin, and the parabola that preceded the great depression. pixiutrades.files.wordpress.com
Looking at the RSI levels the Amazon price could be due for a bearish reversal very soon so wait for confirmation. Like this idea if you agree.
Clear bearish divergence on 1H chart. RSI at record level on weekly chart as well.
Hey everyone hope y'all had a great weekend, alright so today I wanna talk about Amazon and what happened last week. first, don't wait for the price to make a higher high and break the $2050 level's because it's GONNA TAKE TIME. the idea here if you take a look at the Upper-line of the Bollinger band you can see that it's moving side by side with the resistance...
Possible market correction. Amazon is on exponential trend since inception. It must go vertical now or correct. It will correct, it's fair to say, but how much? My guess is looking at complete history (below), it's time for a more significant correction (38%). Amazon's entire business model is about up scaling existing businesses as it enters various sectors. We...
I am predicting it will reach the green area be the time and date shown