This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
Hello everyone, as we all know the market action discounts everything :)
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The Amazon stock has dropped since the start of August where we see the price in July was trading near 3604.80 then it dropped to 3329.99 almost an 8% drop and the market...
Amazon's stock price fell almost 8% on July 30 after the company released its second-quarter earnings report. The company's revenue growth did not meet analysts' expectations, and the company reported a lower-than-expected earnings outlook for the third quarter.
Amazon's fall weighed on other e-commerce and cloud stocks, as the company is considered an indicator...
Based on the recent transition and apparent bullflag that is forming just above the transition level
This is a great point to enter a long position on Amazon
While Jeff is in space, his stock (company) will be soaring to the same place xD
Really does look great
The Triangle pattern is completed in the 4th wave and ended in the range of 3086.47. To get the confirmation for the uptrend, the price needs to cross the range of $ 3347.68.
This analysis will be violated, if the price crosses the $ 2950 range
From a purely technical chart perspective, I continue to see Amazon bullish.
A breakout means rapidly rising prices.
I wanted to hold the shares longer but out of my inner conviction that was no longer possible. There are enough alternatives for investments.
Therefore, I sold all Amazon shares from the depots last week, because I consider freedom of opinion...
AMZN has been on a long term uptrend.
Price is consolidating in a symmetrical triangle pattern.
Uptrend continuation ⬆️ - breakout above the symmetrical triangle resistance.
Short term correction ⬇️ - breakdown below the symmetrical triangle support.
Possible price actions are indicated on the chart.
I want to give my opinion on Amazon.
This analysis is done in the long term, it does not guarantee or know what may happen in the very short term.
It is in a clear upward trend, since July 2020, a pattern known as a symmetrical triangle began to form.
What does this pattern consist of?
A symmetrical triangle is a chart pattern characterized by...
AMAZON 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for AMAZON
My idea is that the stock will go higher
I hope my idea is clear
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