As anybody who has read my posts probably knows, I am not a big fan of earnings plays. As I have pointed out, they either go great (instant gratification) or terribly (several cycles of rolls to mitigate loss that tie up buying power). Me, I'm a bread-and-butter guy with a penchant for mechanical index ETF and TLT trades that supply a fairly constant level of...
Still range bound for now. This is what is needs to go higher: AMZN is still range bound in this pennant/triangle until there is a close above $436.90 (MAY 21st high) or $439 (MAY 11th high) before it can breakout and test that $452 all-time high. Buying a June expiry 440/450 Call debit spread for $2.00 or lower would be a nice 1:4 risk:reward scenario. And you...
5/21/15: 395/390 BPS June exp. $0.28 limit. Full disclosure, I was thinking this was a $2.50 spread, not $5. Not sure if I would have taken it if I caught that. Low premium for such a long time.
Looking at calls (July or Aug 420's) Shares Put sales Or the listed bull put spread. EMA's are nice and bullish.
This is the best data hog on the planet. The question is, What will the next 10 billion people on the planet consume in the next few years when they get internet access? When these brains come online, What will they study? What will they learn? What will they consume? What will they create? What will they Invent? What business will they start? How will these new...
AMZN accelerates the 6-1/2 year uptrend (since November 2008 low) through 408.06 (January 22, 2014 high) to new highs. Further gains open a long-term Fibonacci target at 470.69 (0.5x(408.06-34.68) from 284.00) then the 500.00 psychological level. Sustained strength above there would open the following Fibonacci extensions at 514.75 (0.618x(408.06-34.68) from...
Based on a possible wave count, AMZN is currently in a channel that could eventually continue the intermediate bear move
Pictographs on chart. Brief pullback (pb) for a quick retest because of the statistically significant (z >> 3) volume surge from earnings. Expect near term profit taking (pt) before it retests 378 again for a potential bullish run.
#AMZN #AMAZON Possible Short Idea (Bat Pattern Forming) Butterfly Pattern Fib confluence & 2 patterns overbought Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
It's been 5 days, just look at $NFLX and see what it did after 5 days. Sell 385/390 weekly call spreads, money in your pocket. or 380/385 if you're feeling lucky. Might get a pop with the mkt TOMORROW if the NFP is good, and that's your cue. peace out.
AMZN is clearing 2 really nice resistance levels. This is a retest gap, because yesterday was a white candle. Therefore, on the 5 min chart, we can wait for a retest. What would be perfection is if AMZN retests the 336 level and bounces.
This chart reminds me of those parabolic AAPL days, when you wished the price would slow down just enough for you to hop on and enjoy the ride. Then it finally shows signs of slowing down but to your surprise its more like a screeching halt. Ill play this continuation just as I played the last one. SMART
AMZN is a difficult company to evaluate. A lot of potential a savvy CEO but little profit to show for the size of it's business.
Our analysis @ stated in part, "Barring a meltdown in earnings or subscribers, FB will be bought at certain levels in expectation of reaching the 2nd target shown. The short also has its' targets and one has been reached on a shorter time frame at 58. On a shorter time frame, FB is reacting to a long that has its' target above ATH." The 2nd targets on both time...
Will this play out during earnings? Below 12 mths MA. A sell signal for passive investors. Attempt to close above 12 months MA failed in the last 6 months
Make or break time. Can earning support the Tech stocks?
20/50/100ma all tangled up in blue over there (Hey, that's a Bob Dylan song right there, haha) Very strong resistance hanging overhead colored in pink, going back to April. Caution advised, if the market turns, this could be a good short. Chinasky, out~
Previous 2 bounce reach around 76% of fibo. Check for support above 330 and higher high.