Trade ideas
AMZN up again. Similar target $152I'm kind of getting guided with AMZN in my face a bit. So I have to buy it this morning and look for it to go up to that $152 area. Last time it was saying $150, so that helps suggest it's actually gonna get there. I'm hopeful this occurs by next Friday.
I have today as a reversal day up in indexes, so that could help.
AMZN LONGAccording to the visibility we have a cup and handle situation, a breakout and then back to check support, in addition it is moving in a channel with rising lows, with the entry of buyers it will continue with the possibility of a profit of almost 40%.
Neither recommendation nor financial advice
Long in Amazon"I have recently taken a long position in Amazon stock based on a buy signal from a bullish harmonic pattern. After conducting a thorough analysis of the stock's price movement, I have identified the formation of a bullish harmonic pattern that suggests a potential upward movement in price.
This trading decision is based on the expectation that the price will increase as the bullish harmonic pattern unfolds. I have also observed additional bullish indicators that support my decision to go long on Amazon stock.
As a diligent trader, I will closely monitor the price action, market sentiment, and relevant fundamental factors to effectively manage my position and make necessary adjustments as the trade progresses. Implementing a strong risk management strategy is crucial to protect my capital and optimize potential profits.
However, it is important to note that trading based on harmonic patterns or any other technical analysis tool carries risks, and careful consideration is necessary. I highly recommend conducting thorough research, developing a sound risk management plan, and, if needed, seeking guidance from a qualified financial professional before making any investment decisions."
Please remember that this text is for informational purposes only and should not be considered as financial advice. It is always advisable to seek professional advice and conduct thorough analysis before making any financial transactions.
The expansion of the fifth wave? five waves up and three waves dHello there,
I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones.
I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market.
Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision.
To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand.
I hope my analysis will be useful to you in your business journey, and I wish you the best.
I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely,
Amazon levelsAmazon needs to close a daily candle above $153.49 to run toward $160. It is currently near the demand zone, we also have strong support in the $146 range. While VIX is in this current range below 14.0 I'll be looking to buy the dip on fundamentally strong stocks with bullish macro technical structures.
EOY Review $AMZN still some pivots to take out upsideNASDAQ:AMZN another bright green candle on the year
it did take out the low of previous year in Q1 by a bit
so, strat wise it's a 2 down on the year, obviously bright green
is it extended? maybe.....
but, the good thing for those with a bullish bias, still 2 previous yearly highs to take out
how strong will AMZN be in 2024? Let's see
Continued bull marketHello!
I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market.
While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision.
To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis is useful to you in your business journey, and I wish you all the best.
I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely















