Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Amazon Short Term We look to Buy at 105.87 (stop at 100.99) Preferred trade is to buy on dips. The reaction higher is positive and highlights a clear reversal. Previous support located at 100.00. Risk/reward is ample to call a buy trade. Our profit targets will be 116.09 and 125.19 Resistance: 129.00 / 135.00 / 170.00 Support: 100.00 / 85.00 / 67.27 ...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Amazon Short Term - We look to Sell at 136.62 (stop at 146.49) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 137.00. There is scope for mild buying at the open but gains should be limited. The 50% Fibonacci retracement is located at 136.05 from 170.83 to 101.26. Our profit targets will be 102.56 and 91.98...
Following the same trend and momentum patterns of the SPY and QQQ ideas I posted earlier today. I see another consolidation phase after a sharp initial continuation of this incline. The stock split should help generate retail momentum additionally. Not trading advice.
If you haven`t sold Amazon.com, Inc. (AMZN) at $2891, when you saw the slowest growth since 2001: Then you should know that the 51.89 Price per Earnings ratio is still high compared for example to BABA, Alibaba, who has the same business model, but a P/E of 23.39 - which is still high, btw. Should be around 18 in my opinion. So my price target for AMZN is...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Amazon Short Term - We look to Buy at 3200 (stop at 3080) Preferred trade is to buy on dips. 20 1day EMA is at 3161. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 3200. Our profit targets will be 3539 and 3751 Resistance: 3500 / 3700 / 4000 Support: 3200 / 3000 / 2700 Disclaimer – Saxo Bank...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
If you haven`t bought the June 2020 dip here: Than you should know that on 2/4/2022, Doug Anmuth from JPMorgan Chase & Co. Boosted the Price Target of AMZN to Overweight from $4,350 to $4,500 I think they included a stock split on their so bullish approach though. Looking forward to read your opinion about it.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
This should be an interesting trade for this week. AMZN Amazon stock is now oversold at recently touched its June 2020 level. I think a bounce is most likely to the $3060 resistance level. Looking forward to read your opinion about this.
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Amazing has been under a correction wave that affected the entire stock market, the stock price dropped from 3420.58 to 2714.06 in 2022 so far. with a bigger bearish...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...