The steady decline of Amazon is clear to see if you just open your eyes, but people don't want to do that as they are brainwashed!! A recession is coming, if you cant see it then you will loose everything! Simple as that really.. Look at the bigger picture and don't believe all the s#it you are fed by the government and big business owners.. of course they don't...
As you can see in the graph above there are some points that indicate that there is a great chance we will see fall again 1.We are currently in bearish channel 2.The RSI is in over buy that indicate fall soon 3. NASDAQ is showing weakness in recent days Our recommend Sell AMZN Entry Price: 1643 Stop Loss: 1764 Take Profit: 1390
Conclusion for today's Amazon Stock Analysis: Price could potentially fall to the low $1,000's on a close below $1309.59. Amazon stock analysis for today is carried out using a 6 hour timeframe (log scale). The long term trendline shown in green helps to track bullish market action in Amazon from February 08, 2016. Trendline drawn in blue also helps to put price...
Not financial Advice, but i think Head and Shoulders downward break to target of $700, i will buy at $750- $800.
Amazon target 850-900 in Q4 2019 .. Cheers !
1. Enter a long position under 1550, close out your position 1830-1885. Target will be reached at the end of the year. 2. Enter a short position above 1800, close out your position 1600-1650. 3. Enter a long position under 1680.
Daily chart of AMZN . As we can see here the chart is still in bearish territory as we sit below (45) on the RSI with last weeks hidden bearish divergence seemingly playing out. We have our bearish continuation pattern of the October double top @ 2000 being respected and now confirmation of new resistance at the 1800 mark. We have clear rejection of the golden...
Short based of channels and fibs My Entry: 1600.00 (any entry above this is fine) Stop Loss: 1650.00 PT: 1440.00 area Risk/Reward: 1:3.4
Hello Traders, Short term Elliott Wave View in Amazon suggests that the bounce to 1784 ended red wave x. And red wave y is currently in progress lower as a double three Elliott Wave structure. Down from 1784, black wave ((W)) ended at 1420 and black wave ((X)) bounce is in progress and is currently trading in the blue box area where a reaction lower is expected....
AMAZON IS GOING DOWN! FIND A GOOD ENTRY POINT AND SHORT IT! Reasons: 1)Head and Shoulders Pattern confirmed by volume 2) Down gap 3) Price at neckline 4) 50 SMA reaches 200SMA! GOOD LUCK!
It is time to short Amazon1) Head and Shoulders pattern....2)gap down 3)price on the neckline 4) 50SMA reaches 200SMA 5) Volume confirms it ....find a good entry point and SHORT IT!!
Main idea on chart. The past AMZN trade is up 12% and my short trade is currently up over 4%. You can find both original ideas in the related section. We can see this is probably not just a dip but a real trend change? If we do recover from this, keep in mind we are going to see a correction in the next few years. Thanks for viewing!
1346,5 Since September, when Amazon found it's highest peak, is experiencing a bearish trend, and the next big support is at 1346,5. It may bounce back now at the resistance that the trend has provoked.
Amazon went from 5 bucks to 115 nonstop during the dotcom bubble. 2000%+ uninterrupted growth. It collapsed back down to 5 bucks during the crash. Since recovering, Amazon has gone from 100 bucks to 2000 nonstop the past 8 years. 2000%+ uninterrupted growth. Losing these weekly levels below would be baaaad. Could stop at any of those levels below but theres...
Stock molds are always the same only eye familiarity and fondly researchers realize some things. This will not be the first, not the last. angular seen as Turkey's largest white goods company description is priced lower than the point at which the terms of the more glorious by Amazon. Arçelik 70% of the angle of ascension, but 77% of the Angle of ascension. Loss...
Labeled some key levels of significance and used a fib retracement chart to estimate landing zones. Prior mini-tops retraced to about the .5 fib level. The larger cycle correction could also obey this level but may drag lower to the .618 range, which is why I gave a range for where the price could land. ~1600 is a key level of significance, if it breaks we will...
$AMZN short-term Elliott wave view suggests that a decline to $1685.99 low ended black wave ((W)). The internals of that decline unfolded as Elliott wave Flat structure. Up from there, a bounce to $1856.92 high ended black wave ((X)) as Elliott wave zigzag correction. Where blue wave (A) ended in lesser degree 5 waves at $1809.88 high. A pullback to $1734.23 low...
Amazon has a Double top pattern with bearish divergence at all time high, It did broke the neckline (1902$) and it's currently doing a retest of it, short entry values are $1869 and $1902, with stop loss at $1954 it will take 2 or 3 days, before it starts retracing sharply to its next support zone $1569/$1600 this should be Next week, will probably reach the...