Looks like there'll be no more Stocks left tomorrow. A 30% rise wouldn't surprise me.
$AMZN forming a huge cup with handle pattern on the weekly and just broke out of its base. Price targett $2300
Amazon hasn't done that much while other major stocks have pumped stupid amounts. This market might be in a bubble but the trend is your friend. We are in a huge wedge and we look like we should break out soon. Enter on a retest of the top of the wedge or buy the bottom.
NASDAQ:AMZN We are getting closer and closer to the endurance breakout of this splendid Cup & Handle. Despite the speculations in which we think that sooner or later there is a big retracement in the market, our focus is always on researching the classic patterns of technical analysis, and our study of price action is never influenced by external informations or...
AMZN, IMO - is the best company to have in your portfolio for a long-term hold. It's investment into one day shipping paid off, AWS is just getting stronger & more efficient, and advertising revenue still appears to be market penetrating and giving Amazons bottom line and financials a nice boost. Didn't want to put too much detail on the chart, other than a few...
Bullish RSI continuation. Strong regression trend, Pearson's R value of 0.93 on the monthly chart. A possible cup and handle also.
Nice bullish momentum with the break above previous structure. load to Go NORTH !!
AMZN has formed a large double bottom buy, continuation of the bullish uptrend is likely, with the recent formation of this rounded bottom.
AMZN Gap Fill is well underway. Already have confirmation on the 5m, 15m, 30m, 1hr charts. With the way it popped yesterday, Don't be surprised if we get back to $1900 in short order. *Key Support at $1865 held and that's where she opened this morning *Immediate bounce up to $1880 level showed some pretty good strength while rest of market was searching for...
AMZN technicals pointing to more strength. Expect big GAP UP before opening on Jan 2nd! Dark Pool Trades have been pouring into AMZN - roughly $3B in last 2 weeks. Long term uptrend channel former resistance now offering strong support. Three day downtrend was broken today during consolidation & shows bullish pennant forming. Downtrend/Pullback from $1900...
Entry: 1786 Stop Loss: 1733 Target: 1997 Risk/reward ratio: 1:4
Entry: 1786 Stop Loss: 1733 Target: 1997 Risk/reward ratio: 1:4
Amazon drops into a key support level where it rotated a few times right at $1745 now its showing signs of strength and volume is starting to increase. It's been in a strong range for 4 months now and it looks like its about to break above. As long as retail numbers don't disappoint in the next few months we'll hit the first target at $1845-1850 and then into...
Amazon stock has been on the rise for the past few days on strong volume through some key resistance points, one being the year to date POC. The upside structure is starting to build up as well, as the low that caused the move higher was higher than the previous drop. The volume on the recent pop shows promise to the upside. There is a resistance point that is...
Amazon daily chart shows higher lows and higher highs. I have decided to go long with a proper risk management. I'm going to risk ~2% of my account here. AMZN LONG TRADE SETUP: Entry: 1739.43 (or at the opening of 18th Nov) SL: 1681.62 ($57.81 from entry) 1. TP: 1811.69 ($72.26 from entry - 1:1.25R) 2. TP: 1933.25 ($193.82 from entry - 1:3.35R) Risk: ~2% ...
Bullish divergence on the Daily on the MACD and the RSI - green line We can see how the price consolidates inside in what it seems to be an ascending triangle - blue line. Formations like this tend to break upwards. Regardless the direction of the breakout , we currently trade in the low are of the consolidation and just bounced off the demand trend-line...
Weekly chart looks good. We are in an uptrend as of today. We have reached support at the 100 moving average. Anticipating a move up this coming week.