As Amazon is closing its doors to the Chinese marketplace, we do expect a smaller pullback to the bearish direction shortly. However, we do not expect this pullback to be a big one, as the Chinese market is not a large one for Amazon due to its competition like Alibaba. We do believe that Amazon is fundamentally a strong company, and its revenue keeps growing....
AMAZON is exactly the type of stock you should be looking for a entry into on any pullback. It is one of the greatest companies on earth and that will change anytime soon. Any market which the enter the tend to eventually dominate and revolutionize, we are with them on that journey long term and think it is only a matter of weeks before we see a ALL TIME HIGH.
Hyperwaves are a subset of bubbles, there are MASSIVE bubbles.
When I saw this was made public I whined inside because it means then it stops working, but the wall street market cycle thing has been available for a while, and it still works PERFECTLY. PERFECTLY. It is as if the more information is made available, the more people fall for the same mistakes again...
Faang composite and my prediction for the next couple of years. White line is projected price action, which I believe will be controlled by Algo trading bots.
After completing my analysis of Amazon shares, I expect the price to start the ABC corrective zigzag after 1-5 Elliott wave cycle on the hourly chart, as there is a strong indication of completed 5th wave - multiple AO divergence. Now is the time to look for short opportunities.
AMZN facing major resistance, coming along with a Bearish Deep Crab-Pattern and an inverted divergence in the accumulation/distribution.
Targets are:
1.737$
1.672$
1.598$
Stop loss can be either placed above the downtrend or around 1.950$.
Nice Bull Flag Break Out on AMZN. Recently broke above 200 MA and nicely retested and rebounded. With the general market going up, AMZN shall go up making higher highs and higher lows. All the indicators are Bullish as well. Will be looking for buy opportunities on the first 1 hour pull back.
As the title describes, I ghosted the candles from the 2008 financial crisis for AMZN onto the current situation. I extended the relevant MA's 128,300 to show the shocking similarity. In no way am I saying that this is 100% going to happen, it is simply uncanny the similarity. Also notable is that if this played out similarly to the last dump, it would be leading...
Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The Company also offers a range of products like whole trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic gala and fuji apples, organic rotisserie chicken.
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NASDAQ:AMZN
