My analysis should explain it all. Stay tuned! Let's eat!
Chart should explain it all. Support turned to resistance, H4 and Daily MA dynamic resistance, double top, Gartley completion. Stay tuned! Let's eat!
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer. A 2% position on each is a good idea. Good luck, Ivan Labrie.
I'd recommend watching that top red trend line very closely if you're planning to hold AMZN. If the share price rejects it, the price will drop fast. We saw a correction similar to this earlier in the year. The blue arrow notes the point at which I believe we are in this correction. I'd shoot for the 50% fibo or even the blue monthly support trend line if I...
It may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red...
GREAT LONG-TERM TECHNICAL PICTURE, SOME RECENT WEAKNESS - Long term uptrend took us to historical high on October 6, 2016 - Gentle uptrend over the past 6 months with a breakout late Sept. - Some short term weakness since the top, but still in breakout mode SOLID, PRICEY FUNDAMENTALS - Continues to impress the investment community - 87.5% of consensus has a buy...
GPRO is currently correcting the recent advance, pulling back to support where we can go long, aiming to capture a rapid move to the upside after earnings are out. I'm sure the HERO5 listing problems with AMZN will be resolved soon, restoring investors' confidence in the company's revenue. (AMZN sales correspond to 14% of the company's profit) Risking 0.5-1% here...
Last week I shorted shares Amazon, Inc. (NASDAQ:AMZN) just hours before they reported earnings. I read significant stock chart signals that gave me a high probability signal they would miss earnings and the stock would plummet. I was right. I ended up scoring big on the trade. Many have emailed me asking where the stock is a buy? The answer is $690.00. Considering...
How will markets react to this week’s heavy parade of earnings? Entry alert on Amazon Inc. AMZN in Channel ... Please be careful, feelings and emotions in the market "An investment in knowledge pays the best interest" - Benjamin Franklin Stay tuned for more, visit: www.southment.com Sign up for The Big News
Amazon is in a fast upside trend since early February (+72% in less than 9 months). The stock is making new historical highs frequently. On that situation, we are looking for short term regress in order to get long. Here is exactly what is happening : - Beginning of a bounce at a 38.2% Fibonacci retracement - Matches with neutrality area on the RSI (bounce at 50...
Here I see a corrective wave at 812.95 and a possibility for it to get to 680.69
Shorts around $1000 for possible pull back toward $500
Probably GOOGL topped out around $820. Once a TWTR TWITTER thing settles down we can get a clear direction where it is heading. But if it has been really topped out then we can look for short side play. So wait for next few weeks/months. but a pattern is developing and it is in a very early stage. Google CEO Sundar Pichai NEEDS TO WORK HARD LITTLE BIT MORE WITH...
Eurusd spent long time trading side-way that correct some of bearish impulse wave. Currently the chart shows there is chance to move price higher near upper trend line. I found wave (B) form as a triangle in my own chart program but here the prices slightly have been changed. Anyway don't miss upcoming rising (C) wave.
Amazon is completing a toppish ascending wedge on declining volume and momentum. The stock has completed a 5 impulsive Elliot waves count and reached some important long term Fibonacci targets. Minimum downside potential to the 23.6% retracement near the trendline linking the lows since 2014, around $600. A break below $755 would increase our confidence for more...