NASDAQ:AMZN Safe Trades;
just doing some research, looks like a bearish pattern.
That Butthead Jeff Bezos hit his record 66.5 Billion net worth.. So most probably the Stock will also go up. If it stays above 757 and sustains, we can see 785 levels
AMAZON LOOKS LIKE LAST PUSH HIGH AND WILL B SHORT LIVED. GOOD CANDIDATE TO KEEP IN THE SHORT LIST AND MAY GO SHORT IN FEW MONTHS. www.pymnts.com
Amazon is reaching for the trend support, 740/737 this is a good are to buy before earnings.
Busy chart, so bare with me. Bold call, but the more I look at the FANGs on a combined chart, the more I see an (incomplete) bump and run reversal (BARR) in blue. A head and shoulders is present within a broadening formation in white, that gives room for the H&S to complete. Support in green, resistance in red. Down.
Well I was looking a financial report where it said. "Amazon Prime, Wells Fargo Team Up To Provide Discounted Student Loans". So though worth to check the amazon chart. Amazon already made the move of 80 Degree angle. And yeas there may be max 90 degree move if that is viable, and it may overthrow parallel channel which sometimes it happens. But a good stock to...
How to capture wave 4-5 using Elliot Wave+ Fib Retracements
So here is what I think it will happen to AMZN during the next days, I believe it will go up around 780.00 if it breaks through 756.61 and then it will go down to around 744.00. This is my first chart in stocks, and I usually trade on forex only. So if you think I'm wrong, please leave a comment to know why.
Amazon pullback before the earnings on July 29 are $731, $728 and $722. Would like to see it touch 728 before jumping back in for earnings. Expected to beat this earnings.
History repeats. Reds are uptrend lines. Mega phone broadening wedges. Note gap and divergences similarities.
Over the last 10+ yrs 3 amazing BULL rallies I think we are due for a 4TH....
Chart saying much more. I'm waiting a retrace before going higher and this is an opportunity that we all can take.
There are some gaps that can be used to your advantage. Arrow mark the zones to be exploited. Beware of earnings and market conditions.
An average of the FANG stocks tells an interesting story and serves nicely as a bellwether of market sentiment and investor's appetite for speculation. These stocks on average are trading very high price relative to forward earnings. Recent selling action suggest the market is beginning to doubt that these high flying stocks can live up to the expectations for...
Amazon is likely to fall between thursday-monday Offset timeframes and compare price action to see a spike is coming down below.
Since AMZN is expanding its services by adding video streaming, would it make sense to acquire NFLX?