Amazon
Or is it too early for a short?it looks like the price has approached the resistance zone and the third wave will start forming soon. Or is it too early for a short?
facebook started growingfacebook started growing. Exited the downtrend. a correction is being formed up to the support line.
below the supportthe second (corrective) wave is forming on the chart, after which the third (impulsive) wave is expected. I expect an imminent fall below the support
370? What do you think?the meta has broken through the downtrend line and is moving up. I expect movement to 370. What do you think?
11/15-11/19 watchlist #3 $SHOP $1650, $1620 BOUNCE
Price targets: $1675, $1700
Technical Analysis: All-time high breakout & momentum bounce
News Catalyst: "In a week of whipsaw or negative action in many highflying stocks, Shopify stock made a powerful move Friday, clearing a trend line break in huge volume, offering an early entry in the morning and ultimately clearing the 1,650 Buy point" - Investor's Business Daily
AMAZON failed to break the resistanceAMAZON failed to break the key level of a long range which may lead to huge dip with all new investors that came last year.
Old investors were distributing their stocks to new ones for a very good price.
The short position is possible.
The best buy opportunity is at or around trend line.