Amazon daily chart shows higher lows and higher highs. I have decided to go long with a proper risk management. I'm going to risk ~2% of my account here. AMZN LONG TRADE SETUP: Entry: 1739.43 (or at the opening of 18th Nov) SL: 1681.62 ($57.81 from entry) 1. TP: 1811.69 ($72.26 from entry - 1:1.25R) 2. TP: 1933.25 ($193.82 from entry - 1:3.35R) Risk: ~2% ...
Weekly chart looks good. We are in an uptrend as of today. We have reached support at the 100 moving average. Anticipating a move up this coming week.
amazon correction should be done, hitting 3 years long support line + oversold rsi.
i can see this going down i am going to watch closely and see what happens. will update you guys also like, comment and follow :)
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
AMZN lost -16,83% from it`s all-time by 847.21 (2016/10/16) until 710.10 (2016/11/14) Meanwhile the 2nd main upside trend broked also - with a GAP! And this GAP is also the 1st target to get back on a bullish track. I am slightly optimistic, but i want a visual evidence - want to see the shares even to trade between 789.49 & 815.43. Buying before is also an...