Lets se if this news gives us enough volume to turn this trend around. Possible bull flag breakout scenario for tomorrow.
As in my previous chart.... I'm working on a post for the price prediction of Bitcoin. Here is another chart that is relevant. AMZN got as low as $10 after the bubble back then.
Hey everyone, so yeah as we all know the last 3 week in Sept was so annoying for a lot of traders and if I'm gonna talk particularly I'll say that the tension starts in the 1st day of this month. so let me talk quickly about what happened: the price between 29th and 4th sept was going up so badly after breakout the trend line of the channel and as I always say,...
I'd be watching my AMZN longs here, we have a pullback rejection and a bearish rising wedge in a downtrend (which has high probability to break down). Trade safe!
for sure the movement of the price is upward but after price hit the highs level of all time it pullback which's normal to happen in any stock ($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...
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.
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.
Buy low, sell high, price is too high and overextended to contemplate any trades at this point. Wont be touching AMZN for a long time!
For me JD.com will be a nice furture investment to battle Alibaba and Amazon, but by now they just don't make any profits and the chart tells the same story. Buying opportunity at around 20 $ for a long run up. Just my opinion so make your own research and like always May the markets be with us
Re-testing previous ATH BUY opportunity around 1920-30, if this support level fails then we are looking at re-testing support at 1880-1860.
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...
Bearish divergence on 1H chart and RSI on record level since 2008.
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...
I can see where Morgan Stanley came up with their price target! www.cnbc.com $MS
Keep it simple.. This is my Amazon idea. I started drawing lines, and happened to notice the smiling triangle man staring us right in the face. How can you ignore his "I'm going to short you suckers for 8 years" grin. Is this triangle man some kind of illuminate short sign? Lets hope not! Lets start by saying we have sell signals on the daily, but we have had...
Rising Wedge + Bear Divs on Amazon. Use a tight-stop to avoid wrath of the perma-bull, otherwise it seems like a nice short.