AMZN seems to be bullish again, let's see how react to 2050 level
Amazon bends at the knees as it prepares for another 3 pointer! With the RSI cooling off and a nice healthy pull back to the April 18th Trend line, we are watching a nice healthy power play in the making. I see amazon shooting an absolute bucket with an easy 10% gain into 2100 territory. SWISH, once capitalized at 2100; plan to wait for another rebound off the...
We are due for a major correction. Rising wedge!
Last week $AMZN price powered by "Bump and run pattern" made a Higher high of all time and for sure we gonna put in the same level a resistance line, Now the price will be looking for a strong support level, If the price willing to break the support level of the 'Mini-Channel' I believe it will bounce back at 1878.57 / 1850.75 levels.
Good traders stalk 90% of the time and trade only 10% of time. Quote me. :) :) In this screencast I run through several superhot equities on the monthly time frame. The higher time frames are often the cause of surprises for people' on 15min - 1H time frames. Then the end of the screencast I look at the VIX on the 2 hour time frame for signs of...
I was looking at stocks on the weekly timeframe and noticed several tech stocks that could be in the late stages of bull moves, judging by the slope of their ascent on the linear scale of weekly charts. I have no idea when this will end, and when it does end I don't know if it will just signal mild consolidation on these individual stocks or more extended...
Amazon has a clear, short time frame head and shoulders. Nearing it's target at $1938.37, which would also fill the gap to the left. Entries would be this area, or the gap just below to the left.
Buy low, sell high, price is too high and overextended to contemplate any trades at this point. Wont be touching AMZN for a long time!
I think it is time to get profit and the price couldnt pass throw the right shoulder to give as H&S pattern on 15 min frame
As an Amazon investor since 2016, I see end is near. Although that will happen after another Moon shot. Ichimoku Wave Theory - 9 total waves will be completed until major reversal happens. 2000-2100 also will be 261.8% of last pivot. Some good confluence here for major correction. The correction will be another oppurtunity to catch Amazon at another...
As you probably know already, AMZN has recently hit an all time high becoming the second company to reach a 1 trillion dollar net worth (behind AAPL). However, during this breakthrough the share price has broken a resistance which has proven to be pretty tough in the past. With multiple strong rejections, it is very pleasing that AMZN was finally able to break...
$AMZN Overbought at Channel Resistance - expecting a very near term correction. Target - $1,942 gap fill at least, could drop farther.
I can see where Morgan Stanley came up with their price target! www.cnbc.com $MS
Keep it simple.. This is my Amazon idea. I started drawing lines, and happened to notice the smiling triangle man staring us right in the face. How can you ignore his "I'm going to short you suckers for 8 years" grin. Is this triangle man some kind of illuminate short sign? Lets hope not! Lets start by saying we have sell signals on the daily, but we have had...
Rising Wedge + Bear Divs on Amazon. Use a tight-stop to avoid wrath of the perma-bull, otherwise it seems like a nice short.
Shorting AMZN here. $1919.00 - (stop will be a daily close above $1925.00 which is the high of the 8-13 topping tail)
Trade log for bragging rights...Ill include detailed analysis elsewhere another time harmonics, elliot wave, wyckoff, supply and demand, divergence, i trade 50 different ways be sure to stay tuned for my paid signals group also have a free analysis group in the making im 4/4 on calls so far heres some of the madness behind the call idk much about volume...