If AMZN gaps into a green zone, more bullish than bearish. Red zone, more bearish than bullish. I think AMZN needs a nice healthy pull back into at least the 100 SMA
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A very stable upward trend, which set back a bit. The all-time high is very close. I would buy a position "market" on monday and set my Sl under the last low. No profit target, let it run!
Current price is below the 30 day weighted moving average. WMA is starting to plateau. Usually a sign that a big price drop is on the way. Short until Earnings report on 10-27-16.
Forming a rising wedge on the weekly. 900 or 700?
Amazon is in a fast upside trend since early February (+72% in less than 9 months). The stock is making new historical highs frequently. On that situation, we are looking for short term regress in order to get long. Here is exactly what is happening : - Beginning of a bounce at a 38.2% Fibonacci retracement - Matches with neutrality area on the RSI (bounce at 50...
Here I see a corrective wave at 812.95 and a possibility for it to get to 680.69
Watching into $NFLX ER
20 SMA @ 819 support below
Shorts around $1000 for possible pull back toward $500