Tesla, Boeing, Apple, Amazon, Beyond Meat - all shown in this video.
This is an incredibly powerful strategy, we are only just touching the service with this.
Take a look, it speaks for itself.
Simply supply and demand zone technique used. The blue horizontal lines are where there is a nice overlap of the optimal entry on my Fib. I will personally be putting in my orders at these levels and scaling them as they go down. Please note it may not reach any of zones especially the deeper/lower ones. A market crash is imminent so this should price levels to...
Amazon witnessed a massive selloff on Friday, making it vulnerable for more selling pressure. If the price end up next week Monday with another rejection candle, the stock price will likely pullback to last support level
Bullish divergence on the Daily on the MACD and the RSI - green line
We can see how the price consolidates inside in what it seems to be an ascending triangle - blue line. Formations like this tend to break upwards.
Regardless the direction of the breakout , we currently trade in the low are of the consolidation and just bounced off the demand trend-line...
See the monthly picture of Amazon. This is not a confirmed double top as yet. But there could be trouble if it turns out to be. I always look to the higher time frames to see what influences may be ahead for lower time frames.
Note that most of Amazon's boom is in the era of 'free-money' supplied indirectly via the FED.
If Amazon is going to break down (and...
I know that you all want to short the AMZN thinking that is game over but no reason to rush. The stock is in the broadening wedge megaphone formation and we might see another top side revisit. The Monday open will give us either gap up or gap down.
This is really like a David and Goliath story. Amazon is the big Giant and many traders with smaller accounts may not be able to take it on.
In the screencast I show why I estimate cautiously a key position with probability for the south. Note carefully that every probability estimate in one direction leaves a probability for the other direction.
I'd like to...