LONG LONG LONG .... Amazon has lagged so much along in comparison to market. It's time to make some noise with amazon.!!! I am already in weeklies as well as long debit spreads..!! Take position according to your risk. first target 3250/3300 by eow!!! Stop loss 3080 only if it breaks..
The picture says it all...Scratch my last post about shorting QQQ, it is a large portion of it's holdings as Amazon, so might as well long QQQ too if you can't afford AMZN shares. Don't short anything right now, travel and banking sectors are somewhat recovering and people will not rotate out of tech, this will push SPY and QQQ to new heights.
Simply supply and demand zone technique used. The blue horizontal lines are where there is a nice overlap of the optimal entry on my Fib. I will personally be putting in my orders at these levels and scaling them as they go down. Please note it may not reach any of zones especially the deeper/lower ones. A market crash is imminent so this should price levels to...
Overall AMZN has been a great stock and has outperformed during this Covid 19 environment. Last Week we saw Amazon beat revenue expectations but fell short on profit expectations and the stock fell 8%. Technically the stock has remained in a strong uptrend but has been overbought for sometime - which is earmarked by the Demark 9 count. We are seeing price...
Bonjour à tous, Amazon a montré son utilité et ses performances de delivery même pendant cette crise sanitaire ! Les gros investisseurs ont sû profiter de la baisse pour remplir leurs positions et j'ai l'impression que nous sommes bien parti à ce rythme là. Alors que les Etats-Unis annoncent ses plus de 6,6 millions d'inscrits au chomage, les bourses explosent,...
The irregular flat could emerge here as wave B is beyond the start of wave A. The wave C could tag the former valley at $1307 to complete the correction.
We can open Sell under the Resistance Level. Reasons: - the price is under the Strong Resistance 2050.50; - it was a GAP a few days ago, and it can be closed; - potential profit will be 3 times bigger than the risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
$AMZN Bezos will hold 75% of the AMZN shares, so the whole soap around that is also clearer. AMZN could go for another ATH. The yellow balk could act like little resistance. Maybe we retest the 0.618 fib before we go test the 0.786 fib. I think $1890-$1900 really is an resistance so we might dip from there to test the trend line?
Hello. AMZN in process of H&S pattern as we can expect a plunge, Bezos divorce might just be a legal way to preserve the capital so there wouldn't be any claims that Bezos illegally using insider information would make this crash happen and profit on it. Any way, loooong way to go. Just my 2 sats.