Hi, I wake up early to go over my Trades! Once the Stocks are closed and You need to move the Candles, it feels very different. NOW see What Happened and How you can IMPROVE! Just IMPROVE
Amazon did a nice rebound from support, Can not afford to reach resistance. early next week I guess it could pullback to retest moving averages to 90th
Hello,Traders! AMAZON made a nice rebound From the horizontal support below But the resistance level is ahead So after the retest on Monday a pullback Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
AMZN bullish hammer at monthly 200 moving average can run into weekly MA 200
Check out the move in $AMZN today in comparison to how it was trading before covid and even during the covid crash Today, the move was close to 15% at highs
Price played out exactly as analyzed last week. Price is mitigating the bullish POI at 94.71. I'm expecting a bullish retracement to fill the fair value gap at 109.77 on this reaction.
I started a position yesterday $88 and change, support is $86 I will add if $87 and $86's print. We are oversold on several charts, stochastic curling up, basing has begun, new moon just printed. $99 Jan calls, bounce to $112 + in coming weeks
Based on pullbacks/bounces this year (all during the downtrend) it should make it to/into the box. Unless this time is different, which it could be, however, based on price action relative to RSI and MACD behavior the current setup matches 7 previous setups this year. So far this position relative to RSI / MACD has yielded 8-26% bounces within a timeframe of 7-23 days.
Something I am aware of is that traders get trapped primarily because they get laser focused on one specific side of the market and one specific price target. This happens either because of greed in wanting to get it allllllll from a winning position or simply being caught underwater. Amazon, a formerly $1+ trillion company by market cap, lost 30% of its value...
Price should most probably go down to the 80 area in short order! I would expect that level to hold initially with a potential buy trade set-up. Failure to hold, price is expected to go down to next support level around 65 ! Just my view :)
Back on Jul 6, 2021 I posted this chart "AMZN I am Not Convinced Yet" Fast forward and price has gone nowhere. Now a 13-year channel has been broken. While I am not ready to call a short in this name until it breaks previous sideways lows. The writing is on the wall. that it will. Having said that I will go ahead and mark it as a Short. But I am still waiting...
Hey all, I thought I'd post this as I'm seeing AMZN get towards the bottom end of its current base. I'm actually taking a midterm right now, so I'm not able to write too much on this, other than the fact that if you're currently bullish, you want to see this base hold strong on AMZN as it is a market-moving name. I'm bearish on the markets at current stages, but...
Amazing is hitting weekly demand zone with rsi showing oversold and macd pointing to the upside. Great long entry.
Ez gains but we must carefully catch that ENTRY There is a huge liquidation happening in this area 100- 90 and it might continue to 80 but it is a support area in the 80-range Any thoughts
AMZN remains bearish. We expect the price to either have a small bounce and get rejected at the resistance or further price drop without the bounce next days. The trend overall is bearish Short entry: at the resistance as shown in the chart Target: $84 - $93
Amazon - 30d expiry - We look to Buy at 103.11 (stop at 97.97) 101.26 has been pivotal. 101.43 has been pivotal. We look to buy dips. We look for a temporary move lower. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. Support is located at 102.00 and should stem dips to this area. Our profit targets will...