AMAZON COM INC

short set up for amzn

AMZN has been puzzling to me for a while now. What keeps fueling this beast in its neverending upward spiral? The broad indices would be toast without it. This took me a few tries to fully grasp and appreciate the impulse leg which began over a year ago in February. Now that it's mapped out, the climb seems inevitable. I have two ideas here. Either get in now, ...

I think it's a good time to revisit the idea of shorting bubbly large caps, in particular ones with a good fundamental backdrop, to both profit from the decline in them, if it comes to pass, and hedge our risk in other long positions we hold in our portfolio. I'm focusing on $AMZN here, which has the lowest risk from my perspective. For a great breadown on it, ...

i see a nice buy on amazon

Everyone is talking about the 1000 level in Amazon but the projected Fibonacci resistance is between 1056 and 1069. I am not an EW expert but I believe this is the end of wave 5 of 3 and wave 4 could be shallow and There is no Fibonacci resistance at 1000 in AMZN Using Fibonacci projections from lower corrective swings resistance levels are 1060 and 1206. Shorts ...

The "building blocks" method I call "Time@Mode" allows you to count time at the mode of the trend and use that time to count forward in time to have an idea of the duration of an advance (or decline). The "price range" around the "mode" of the trend is the measuring stick for the rally (or decline). So, you get both a time and price target to utilize. In ...

*Extrapolation derived from 2016, now tracking November right ahead of earnings *Ideal target to be scaled starting from 850 area. Discretionary stops

Looking at amazon on the daily and hourly time frames I'm thinking that price will probably range around here a little bit but overall I'm looking for price to push up very strongly. From a psychological standpoint I'm seeing the $1000 as a big number and price has been over it a few times. I'm thinking that it is now a weak psychological number and price can ...

Quite cliche, but I think this current resistance is just based on the psychological 1000 mark. The uptrend is vivid and AMZN returns have proven positive. I was thinking about going long when the price breaks out through the 1017 all time high, a detrimental push through a short squeeze is imminent. And then maybe has potential to go at least 1100 on the short ...

Two attempts to break out of Ascending Wedge(Ending Diagonal) failed. Watch out below!!!!!

big short

Possible short-term long opportunity, once AMZN gets oversold to the support level around 940 before it's potentially going to bounce back. Thoughts?

So... Amazon just had a big correction the last couple weeks. As we can see on the top chart (daily), in the past the price did this: raise to a new high, corrected once, came half to the level of the previous high, corrected a second time, AND THEN there headed straight for a new high. If this pattern continues, we should be on our way to a new high. Why? Well, ...

W1 - We can start looking for sells as long as the last high on weekly chart is holding. Also price is near the end of a potential triple cycle. Bearish divergence between the last two legs of this bullish trend. RSI already heading downwards after an extreme. D1 - Bearish divergence (red arrows) followed by bearish convergence (blue arrows) which is a ...

Shorted this one at 1K but it did not fall at the speed expected. Guess it is following a triangle wave (4). Wait to see its development.