Currently trading below 20 and 50-day EMA moving average investors can see that the underlying share price of amazon is undervalued. Valued at $133.35 AMZN is trading in line with its 100-day EMA average, it’s important to mention that there is still a strong possibility that the stock will fall even further in line with it’s 200-day EMA before bullish corrections...
Signify Health
Short Term - We look to Sell at 29.83 (stop at 33.46)
There is market rumour that Amazon, United Health and CVS are interested in buying this company. This led to a surge in the stock in premarket. We are trading at overbought extremes. A lower correction is expected. Bespoke resistance is located at 30.00. Selling spikes offers good...
the long term picture for amazon.com, and really the whole dotcom sector has looked bleak until recently. i would wait to cross above this pivot and trama to turn up before i thought we could continue recovering in technology. id aim for upper horizontals as we cross above levels and lower horizontals as we cross below.
Sign of Bearish trend continuation
-Candlesticks are moving below MA200
-Magnitude of Downtrend Line B is much stronger than of downtrend Line A, confirming strong bearish trend
-Candlestick fail to stay above MA200 after retracement R1
Strength of Retracement line R2 is stronger than of R1, signifying more uptrend momentum. However, candlesticks might have...
On the Nasdaq correction wave B should lead to the price range of 123-128, there you can safely buy more. At the moment the paper is oversold by momentum and waiting for correction.
This is a WEEKLY linear chart for reference.
I believe Amazon is in the process of finishing a corrective wave that will lead to the final leg down in the sequence to the lower channel line.. roughly a 40% move.
As you can see there has been a lot of price activity oscillating around the median line. I believe this resolves to the down side.
The current candle...
Will amazon reach 150 area and get rejected on the third touch of the trend line? ill have a sell order for 148.50 down to target level.
its mad to think it would of nearly rallied 50% from the bottom and there was multiple chances after the split to buy the stock. what a miss by myself! I was debating it for too long reading to much into the fun and missed out...
Technical Analysis
- Triple bounce off $101 level with big reaction upwards,
- this region used to be resistance now flipped support.
- Its also the 61.8% retracement level (golden zone for a rebound)
- stochastic RSI was in oversold, now rebounding
Trades:
Short term traders can look for a LONG from current level
For long term traders this is a good region to...
On H4, with the price moving above the ichimoku cloud and the MACD histogram is above zero while RSI is also moving along the ascending channel , we have bearish bias that the price may rise from the buy entry at 145.05, which is in line with the 61.8% fibonacci retracement to the take profit at 156.74, which is in line with 78.6% fibonacci retracement ....
Upgoing zigzag is complete coupled with divergence on momentum give a clear indication that we are to drop on this one in the very immediate future.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where...
How much do you expect it to be at the next E event? No where above $30!
Uber has strong tendency in moving downward; despite CEO's plan "focusing on profitability", they are loosing customers, and drivers are leaving them.
NOT REALLY recommended for long term view.
Closing of the GAP at the end of April for Amazon, which had lateralized after the split.
In a week characterized by a positive reaction from the markets, thanks to quarterly better than expected or, as in the case of amazon, less bad than expected and thanks also to a Fed that simply confirms what it had anticipated.
Now the key data will be those of July...
Hello ladies and gentlemen, according to my graphical analysis of Amazon , I guess that this is the good time to buy the stock ,also the Golden Point confirm our probability to keep in portfolio.There is an interesting volume ,which gives a good probability to break the level mentionned in the chart..
If you have any suggestions,please write below.
