Hello everybody, hope y'all had an amazing weekend, today I would love to talk about AMZN and GOOGLE and talk about happens for the last week as usual.
First I want to talk about those two stock in one post together for a reason, because I saw that those two stocks moving side by side 70% of the time last week also they are now about to face the same problem or...
I have been short Amazon since 1870 and am currently in good profit.
Amazon has been overvalued for a long long time. If people do not regain confidence in the stock it will drop much more.
AT40 = 16.7% of stocks are trading above their respective 40-day moving averages (DMAs) (a drop of 14.2 percentage points to an 8-month low and the first day of an oversold period)
AT200 = 38.6% of stocks are trading above their respective 200DMAs (a drop of 7.6 percentage points to a 6-month low)
VIX = 23.0 (an increase of 44.0%)
Short-term Trading Call: bullish...
Hello all,
So far, on the short I would have taken had I been trading this, I'd be up 10%. I'm not trading this however, and I likely won't until I become certain the entire economy is in a downtrend. I did say that if you were in AMZN to get out, and as of now, that was the right choice.
Have a read of this article: my.vanderbilt.edu
It is Ray Dalio's...
Long term outlook based on pure technicals, AMZN has moved parabolic recently and its pattern over the past few years reminds me of the bull run we saw in BTC last year. Short with a tight stop just above ATH in case another wave up happens, otherwise this looks like a great R/R trade
NFLX - massive run up will start late october into early november. up to 40% upside is possible with this technical setup.
Buy dips later this month. Detailed SL/TP - please review my mark up on the chart.
As always, please upvote my review if this adds any value to your trading and to make sure I come up with fresh ideas next.
Have a nice day, traders!
Will it break?
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Hey everyone hope y'all had a great weekend, alright so today I wanna talk about Amazon and what happened last week.
first, don't wait for the price to make a higher high and break the $2050 level's because it's GONNA TAKE TIME.
the idea here if you take a look at the Upper-line of the Bollinger band you can see that it's moving side by side with the resistance...
What’s up crypto enthusiasts, traders and investors? I hope all is well.
I read an article that came out yesterday titled “Bitcoin Market Has Run Out of Juice”. The article seems to be based on a report put out by Element Group a cryptocurrency economics and digital assets solutions analyst. The article states that the report explains that the SEC’s delay in...
Possible market correction. Amazon is on exponential trend since inception. It must go vertical now or correct. It will correct, it's fair to say, but how much? My guess is looking at complete history (below), it's time for a more significant correction (38%).
Amazon's entire business model is about up scaling existing businesses as it enters various sectors. We...
