AMZN failed to stay above fairly new established trendline on the short time intervals but refused to break and hold below key resistance levels around 1855-1860. On the larger interval charts price action is respecting trendlines well. In fact, we see what looks a breakout from a triangle on the Daily chart. We also see what looks like a MASSIVE ascending...
AMZN has formed a large double bottom buy, continuation of the bullish uptrend is likely, with the recent formation of this rounded bottom.
All the info is on the chart!
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 :)
AMZN this stock instrument is trending higher, making new highs each day The green arrows on the momentum oscillator confirm the present trend direction Our scripts are engineered and meant to be enabled in real- time follow us for free 3 Day access
AMZN this stock instrument is ready to make new highs on 4HR chart The green arrows on the momentum oscillator confirm the present trend direction Utilize our professional scripts and win follow us for free acces
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...