JenRz

Dowsing "yelling" about AMZN short to $126

Short
JenRz Updated   
BATS:AMZN   Amazon.com
My dowsing is in my face yesterday, and a lot today about AMZN going down. This comes repeatedly as I ask "what's most important for us to know or pay attention to?" It's AMZN 3 different times and yesterday as well.
I have a high of $158-59. Not actually sure it'll hit, but the r/r is good. Watch for the time today of 1:40-:50 as a possible entry.

I am asking for the most "efficient" target price, since my September targets for the $150s were just a tad early (eyeroll).
I'd like to focus on really clean setups with steady directional moves (doesn't everyone?), but I'm sending this out as a request to the Universe, please, and thank you.
We can make our money with a relaxed and trusting attitude. That's my wish.

I asked how long this might take and it gave me "weeks" and 18. I'm suspecting 18 is % as it comes right in at about $127. The number I was given was $126 as a target. So, if it's like TSLA, it'll hit.
It took TSLA awhile to nail the target as well, but it did today, finally!

Hopefully, this intention of "efficiency" will alleviate some of these pesky timing issues. That said, it's still going to take some number of weeks. I'm not super confident I get the correct answer for this, but when I ask how many, I get 4.

They announce GDP on the 25th I see, and I have a date of the 21st (a Sunday) from back in Nov. as a potential announcement date of a recession or talk of it at least. That's close enough it could be legit and bad for consumer discretionary kind of stocks and anything else that goes with that.

This may be more info than you care about, but I'm just trying to give context with other information I have that may be relevant.
I also suspect February to be a time of a market reversal, which aligns with Martin Armstrong's work that suggests some "panic cycle" and a direction change in the first week.
I guess we'll see!
Comment:
Hmm, just checking on this thing and it actually made it to the $158-59 level today. I guess I should learn to just wait for the numbers to hit?
I had asked this morning what's most important to know, and it went to the "AMZN swing high" option. It actually is repeated this message a couple times.
I started over to see if downside targets will end up repeating, and I do get 20 (I believe) as a percent, which from 158 is $126. Same target as before.
Other numbers that come in are $141 and especially $132, so there may be a bounce there.
It's possible it could get one more pop to 162, because it did go to 62, but it seems like the dowside is better. The date to watch is 3/11.
Comment:
I'm still getting swing high and it came cents away from the $162 number and has turned off well. We likely rally this afternoon & there's bullish energy that could be a good daytrade at least. Then I get a peak, pop and drop and bear market begins on a monthly basis! This will be interesting to watch.
At a minimum I would think that means this is a high that should not be breached, and dowsing gives the option for "very long term resistance".
Comment:
This was really a long trade in the short term.
I don't doubt MANY stocks will be meeting long term resistance soon, but this is just a waste of time & money telling me a swing high so early. So, let's do better on what gets attention, or please give the highest possible price instead of the quick swing. Or give the best date for timing and then I do the reading.
On a side note, I am expecting a high in indexes Thursday or Friday. As I'm usually early with these things, it may end up next week though LOL
This will be a monthly time frame high, which was also the guidance on AMZN's future high. Back in Nov. Dec. my intuition suggested selling in early Feb, and those messages have been decent on the big time frame swings. We'll see if it works again. This market though... It has been really one directional, so makes sense for a break.
I guess we'll see.

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