Hello Traders and Investors, today I will take a look at PayPal. -------- Explanation of my video analysis: With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80%...
PDD Holdings ( NASDAQ:PDD ) emerges as a formidable player, surpassing revenue expectations in its fourth-quarter earnings report. The driving force behind this success? Temu, its global platform, which has seen remarkable growth propelled by strategic end-of-year promotions and a surge in demand during China's Singles Day festivities. Robust Growth and Financial...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that...
Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: Starting in 2018 Amazon created a decent bullish triangle continuation pattern and after the breakout Amazon pumped more than +70% towards the upside. Then with the 2022 bear market we saw a quite harsh correction and a perfect retest of previous support. If...
➡️Hello Traders, welcome to today's analysis of Amazon. -------- ➡️I will only take a trade if all the rules of my strategy are satisfied. -------- ➡️Let me know in the comment section below if you have any questions. ➡️Keep your long term vision.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Amazon stock is likely going to sell to $80 zone before another pullback to $102 level. If it must get back top 102, there must be enough buying pressure to break the inner trendline share your opinion, comment, like and follow
Coupang is a South Korean e-commerce company based in Seoul, South Korea, and incorporated in Delaware, United States. Founded in 2010 by Bom Kim, the company expanded to become the largest online marketplace in South Korea. Coupang broke through $14 on very good volume. If that $14 level holds, then $18.77 looks like a possible target.
Nykaa, the High Growth listed at whopping Gain of approx 86% yesterday. Managed to close in green as well and upside momentum may continue for a few trading as well. Those who played for listing gain and got lucky at the allotment, may book some profit or trail some with a stop loss below 2000 levels. Currently, it is difficult to take fresh positions in the...
If this breaks past 0.83 we might see this move significantly upwards to $1.00+. Potentially a good swing/position trade if this moves in our favour.
ETSY Daily TF ------------------ Analysis Etsy holding a strong support trendline with a gap to fill at 181.61. Convertible offering yesterday caused the stock to drop nearly 4% after hours. However, $ETSY was quickly bought up today and closed strong above yesterdays (6/8/2020) close. Getting close to crossing the 20d ema and looking primed to retest that...
Video breakdown on $JMIA going into 4/7 Up over 4% today with a nice bullflag into the 1hr 9ma. Should see at least $41 tomorrow if the market trends up.
Assuming that the wave count is correct, Mercado Libre could be close to completing a corrective wave to start the fifth wave of impulse, which could send the price to the range of 2,500-2,700 and high at $ 3,000 in the fall of this year. It is currently at $1,400, the $1,200 is a key support level, more than that I doubt it will go down, if it does touch them,...
Chewy has taken a breather since it hit it's ATHs in mid Feb. This is a secular drawdown due to the recent rise in rates that has hit all high growth stocks. There is also a perception on this name that it is a "Covid Play" and that it won't continue to gain market share and grow at the same rate during Covid. Yes- CHWY did get incremental growth from Covid...
The main competitors of e-commerce, including Ebay, Amazon, MercadoLibre, Jumia, Square, PayPal, Pinduoduo, Etsy, Shopify, JD and Alibaba, are experiencing a major correction, some are touching crucial support levels, so there is the possibility of rebounding, but also the possibility of them falling further. In any case, they continue to belong to a growing...
We had speculated that ETSY will present a solid buying opportunity, and it did on a dip down to $190 right before earnings and blew it out of the park. ATH today! Should continue bullish trend unless there's broader market capitulation.
I have just written an article about YSG at my Buymeacoffee blog . So if anyone is interested in the fundamental thesis about YSG, please go there. From a price action stand point, YSG is forming a very young U-shape (well it only got listen for less than 3 months), all the MAs are trending upward and it has recently been stabilising and getting its support at...