To me Amazon is a clearly heading for new heights, as the Coppock curve ( Eclipse) has just turned positive, also so has the Aroon oscillator, showing a positive trend has emerged. This is supported by the Cyclic lines showing the positive stock trend is just one of many. The 50 moving average is providing support, and the stock recently broke out of the sending...
Amazon (AMZN) announced as a catalyst to the upside they'd be eliminating a non-profitable acquisition from 7 years ago. This gave the bulls a run due to the massive cash flows dumped back into acquiring and expansion of the company, and shows a shift in focus to producing hard earnings numbers down the road. This likely will drive price further up into the...
AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head...
The stock charts that I have been looking at are usually the longer time frame charts (H4). Let's do something different here and look at the shorter time frame trade. I spotted an Deep Gartley pattern completing on at the 0.886 XA at around $860. Ideal would be that RSI goes into the overbought zone and starts to drop. Rising wedge formation on the H1 If...
Is becoming a complex correction. There's a chance that a 3rd wave is in progress so the correciontion would be ended and this counts invalidated.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
I'm long the amazon calls (February), which is in good profit. this was a clean breakout, and the possible target of 983 area is still in place. if you'd be trading this from the stock himself, a stop loss of 759-760 would be smart, with a take profit 980-983 area. do not forget that these kind of patterns may re-test the neckline. so a pullback to 780 area,...
Well the monthly chart speaks for itself, we are in a bull trend, i expect 900$ price to go in couple of months :)....Time to buy Amazon :)
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Last week W1 candle closed above 10SMA. 50SMA show for us bullish trend as well. When open market good time to buy. Stop Loss 3% Take profit 6%.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Hello everyone, we have a bullish pattern which in my opinion is valid. I have highlighted the target on the chart. Will execute this trade when the price reaches 0.786 point. Traded the breakout as well from 760. There are many other pattern on AMZN which I will post along the way. Even though there is another potential pattern finishing we will only focus on...
20dma crossing 50dma soon. Triangle most likely to break upside. Expecting retail sector to bounce back again.