In today’s post, I will be covering Amazon($AMZN). I am sure you all have heard of the company due to do its reign in e-commerce. However, that is just a drop in the bin. I believe that cloud computing, AWS, is the main driver of its net income. I will not get into specifics but they are powering big-name players like; Netflix, Twitch, Facebook, LinkedIn, Twitter,...
We will argue over anything, even a big round number, especially the first big round number. It's a fair fight so far. The highlight on the RSI is to help explain why I began the threshold where I did.
At this moment the upward move is bent but unbroken. Will the hourly RSI mark the low like last time?
Well, Microsoft Corporation (MSFT) just made it to the $1 trillion dollar mark. And it happens to be worth more than two times of Belgium's GDP. It also happens to be worth more than Appe and Amazon. What a day for them. Well as an investor, you would not want to buy the tops if there are not signs of a continuation. What's worse is that the price is making a...
In case anyone wonders what it's going to do, it's going to go up, and digest the big sale like it historically always has. Under 15k is not a bad time to buy right now for medium timeframe. If you saw my original Bitcoin Elliott Wave and acted on it and stayed patient, you are doing mighty well. Some thing with gold. Gold will be the next to have a big pop but...
