GOLD LONG UNTIL 2033Throughout history, gold has been recognized as a reliable store of value. It doesn't corrode, tarnish, or decay over time, making it an enduring asset. This stability makes gold an attractive option for preserving wealth across generations.
Hedge Against Inflation:
Gold has often been considered a hedge against inflation. When inflation erodes the purchasing power of fiat currencies, the value of gold tends to rise. Investors often turn to gold as a way to protect their wealth from the negative effects of inflation.
Portfolio Diversification:
Including gold in an investment portfolio can contribute to diversification. Its value tends to move differently than stocks and bonds, which can help reduce overall portfolio risk. Many investors view gold as a "safe haven" asset during times of economic uncertainty.
Global Acceptance:
Gold is universally recognized and accepted as a form of payment or exchange. Its value is understood across cultures and nations, making it a global medium of exchange. This acceptance can contribute to the stability and reliability of a gold-backed currency.
Amazon
Unveiling the Forces Behind $AMZN's 81% Gain in 2023
Amazon (NASDAQ: NASDAQ:AMZN ) quietly emerged as one of the standout performers, recording an impressive 81% gain in its stock value. While the spotlight was often on other tech giants like Nvidia and the AI sector's newfound fascination, Amazon's remarkable turnaround marked one of its best years on record, adding approximately $700 billion in market value.
I. Riding the Tech Stock Wave:
Amazon's surge in 2023 was not isolated but part of a broader trend in the tech industry. The Nasdaq Composite soared 43%, and the Nasdaq 100 experienced a 54% jump, reflecting the overall bullish sentiment in the sector. The "Magnificent Seven," the seven most valuable tech stocks, witnessed substantial gains, positioning Amazon right in the middle of this impressive cohort.
II. Strategic Moves and Profitability Surge:
A pivotal factor contributing to Amazon's success in 2023 was CEO Andy Jassy's strategic approach to enhance profitability. The company underwent its most extensive layoff ever, shedding around 27,000 corporate employees, and divesting experimental ventures like the Scout home delivery robot and the Amazon Care healthcare service. Additionally, several Amazon Go stores employing the "Just Walk Out" technology were closed.
These decisive actions, coupled with sustained growth in high-margin businesses like the third-party marketplace, advertising, and Amazon Web Services (AWS), led to a remarkable surge in operating margin. In the third quarter alone, operating income catapulted from $2.5 billion in the previous year to an impressive $11.2 billion. The cumulative operating income for the first three quarters of 2023 reached $23.7 billion, compared to $11.2 billion in 2022.
III. Continued Focus on Profitability:
Looking ahead to 2024, Amazon's focus on profitability remains a core strategy. Jassy's commitment to leveraging earlier investments, such as incorporating advertisements into Prime Video, signals a continued drive to boost the company's profit margins. While Amazon's current price-to-earnings ratio of 75 might seem steep by conventional metrics, the sustained potential for margin expansion justifies the valuation.
IV. AI and Future Growth:
Artificial Intelligence (AI) emerges as a pivotal growth opportunity for Amazon in 2024. The launch of the Bedrock AI hosting service and a strategic partnership with Anthropic AI, backed by a $4 billion investment, showcase Amazon's commitment to advancing in the AI landscape. Although a breakthrough in AI is not essential for continued success, it could undoubtedly amplify Amazon's growth trajectory. With competitive advantages in e-commerce and AWS, Amazon is well-positioned to thrive in the evolving tech landscape.
Conclusion:
While replicating an 81% jump in 2024 may be unlikely, Amazon's trajectory points to sustained growth. With a wide economic moat, the company has ample room to drive profits higher, supported by strategic moves, expanding margins, and an increasing focus on AI. Investors should keep a keen eye on Amazon in 2024, as the tech giant continues to navigate the ever-evolving landscape with resilience and innovation.
Good long term buy area for Amazon Firstly I should say I am currently very bearish on the macro and expecting lower levels before bouncing next year...
However, I cannot ignore this POC level on Amazon, a lot of volume traded around here in the past, so a good chance amazon may at least hold stronger than the rest of the market if we do see more downside. Hence I am taking this as a long to hedge against some short exposure I have in the market.
The expansion of the fifth wave? five waves up and three waves dHello there,
I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones.
I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market.
Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision.
To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand.
I hope my analysis will be useful to you in your business journey, and I wish you the best.
I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely,
Short EURUSD 60 PIPS In the current market environment, there are indications that suggest a potential short opportunity for the EUR/USD currency pair. It's crucial to conduct thorough research and analysis before making any trading decisions, but here are some factors to consider:
Technical Analysis:
Look at the recent price action and identify key resistance levels that the EUR/USD pair has struggled to break above.
Use technical indicators such as Moving Averages, Relative Strength Index (RSI), or Bollinger Bands to assess the current market sentiment and potential overbought conditions.
Fundamental Factors:
Monitor economic indicators for both the Eurozone and the United States, such as GDP growth, inflation rates, and employment data.
Keep an eye on central bank policies and statements from the European Central Bank (ECB) and the Federal Reserve, as these can impact currency values.
Market Sentiment:
Analyze market sentiment through tools like the Commitments of Traders (COT) report to understand the positioning of large traders in the market.
Follow economic news and geopolitical events that may affect the Euro or the US Dollar.
Risk Management:
Establish a clear risk management strategy, including setting stop-loss orders and determining the size of your position relative to your overall trading capital.
Be prepared for potential volatility and have contingency plans in place.
Monitoring and Adjustments:
Regularly review your trade and stay updated on relevant market developments.
Be open to adjusting your strategy based on changing market conditions.
APPLE BACK TO 182 SOLID POSITION Long Position:
Key Points:
Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors.
Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company.
Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand.
Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
NIO 9.50 THEN 10 THEN 11 LONG Trading Idea for NIO Inc. (NIO):
Long Position:
Key Points:
Electric Vehicle (EV) Growth: NIO is a key player in the electric vehicle market, and the global shift towards electric transportation provides a favorable backdrop for the company. Growing awareness of sustainability and government incentives can drive increased demand for NIO's electric vehicles.
Market Expansion: NIO's expansion beyond the Chinese market and its efforts to enter international markets, particularly in Europe, could open up new revenue streams. Positive developments in international expansion plans may boost investor confidence.
Innovative Technology: NIO's focus on innovation, including battery technology and autonomous driving features, positions the company competitively in the EV space. Positive advancements in technology may attract investors seeking exposure to cutting-edge developments.
Battery-as-a-Service (BaaS) Model: NIO's unique Battery-as-a-Service model, allowing customers to purchase electric vehicles without the battery, could appeal to cost-conscious consumers and potentially expand NIO's market share.
SPX 4800 LONG SANTA RALLY UNTIL 2024 Key Factors to Consider:
Economic Indicators: Monitor key economic indicators such as GDP growth, employment data, and inflation. Positive economic data may support the upward movement of the S&P 500, while negative indicators could lead to volatility.
Interest Rates: Changes in interest rates can impact the cost of borrowing and influence investor behavior. Keep an eye on central bank announcements and monetary policy changes.
Corporate Earnings: Earnings season can significantly affect the S&P 500. Track corporate earnings reports for insights into the health of individual companies and the overall market.
Geopolitical Events: Geopolitical developments, such as trade tensions or political instability, can impact market sentiment. Stay informed about global events that could affect the S&P 500.
ADOBE LONG 620 LONG 620 TP
Long Position:
Adobe has consistently demonstrated strong financial performance, driven by its leading position in the creative software and digital experience markets. The company's subscription-based model provides a reliable revenue stream, and its innovative product portfolio continues to attract a wide user base.
Key Points:
Earnings Growth: Adobe has shown impressive earnings growth in recent quarters, fueled by increasing demand for its creative cloud services. Positive trends in earnings can drive stock appreciation.
Subscription Model: Adobe's shift to a subscription-based model ensures a steady stream of recurring revenue. This stability may appeal to long-term investors seeking a reliable growth story.
Digital Transformation: Adobe is well-positioned to benefit from the ongoing digital transformation across industries. As businesses and individuals increasingly rely on digital tools for creativity and marketing, Adobe's products remain essential.
Innovation: Adobe consistently invests in research and development, ensuring a pipeline of new and improved products. The company's commitment to innovation may drive future revenue growth and market share expansion.
Continued bull marketHello!
I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market.
While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision.
To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis is useful to you in your business journey, and I wish you all the best.
I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you.
Sincerely
Amazon On the Way to a New Montly High Amazon (NASDAQ: NASDAQ:AMZN ) is in a rising trend channel. with the ticker breaking the Resistance Level setting foot on a new monthly high.
Since its inception, Amazon has famously prioritized growth over short-term net earnings, to the consternation of many investors. That broader approach hasn't changed, but management is now more focused on finding balance. There's no reason why this massive business can't deliver strong earnings even while investing aggressively in areas like artificial intelligence (AI) and its global delivery network.
You can see proof of that shift in areas like free cash flow, which was $21 billion over the past full year compared to a $20 billion outflow in the prior-year period. Operating income was $24 billion in the first nine months of 2023, up sharply from about $10 billion a year earlier.
Beating SP500 with SP500: Outperformed The Index Its Own WeaponsHi, all.
Hope you're doing well.
Looks like a good time to share a summary of a post I made almost a few years ago about SP500 stocks, 23.02.2022. Back then, I relied solely on technical analysis. Fast forward two years and the majority of my picks have proven to be quite accurate, showcasing the effectiveness of technical analysis in investing.
While the SP500 gained around 10%, my selected stocks outperformed with an impressive 35% gain. Out of the 75 stocks I handpicked, 51 are currently in profit, 12 are in the red, and the rest didn't reach enough close to the zone or haven't made a breakout yet. So 63 has triggered and it will give a winning percentage of more than 80%. I'm okay with that.
These results show the importance of technical analysis in making informed investment decisions. It's a clear example of how understanding market trends and patterns can lead to substantial gains, even when ignoring company fundamentals.
These results challenge the notion that picking individual stocks is fairly difficult to beat market averages. Instead, it demonstrates that with the right skills and a strategic approach to technical analysis, it's not only possible but achievable.
I'm excited about these outcomes and look forward to further refining my strategies in the ever-evolving world of finance.
Results are calculated by purchasing with an equal amount of money from every area that I drew and holding these until today (started to make this post quite a few days ago so it can add a bit of variation).
If the price falls through the box and comes back afterward then I always calculate from the middle of the box that purchase price. If I had done it at the best possible price then these results would have been significantly better. I did it the optimal way, you will see yourself...
1. AAPL - a load-it-up type of thing has worked out nicely. Used previously worked resistance levels. If the stocks performing well and the market cap is big then these levels can help you to get on board.
Current profit 42%
Before:
After:
2. ADBE - came down quite roughly but it found support and back above fairly quickly.
Current profi 67%.
Before:
After:
3. AMD - round nr., strong resistance level becomes support and the climb can continue.
Current profit 80%
Before:
After:
4. AMZN - split. Came down from high prices to the marked levels and those who were patient enough got rewarded nicely.
Current profit 34%
Before:
After:
5. ANET - retest of the round nr. worked perfectly, as a momentum price level, after the strong breakout.
Current profit 143%
Before:
After:
6. APTV: Came down quite sharply and it will take some time to start growing from here, if at all.
Current loss -2%
Before:
After:
7. AXP - firstly the round nr. 200 worked as a strong resistance level. Another example is to avoid buying if the stock price approaches bigger round numbers the first time. Came to a previous resistance level and rejection from there…
Current profit 34%
Before:
After:
8. BIO - in general I like the price action, kind of smoothly to the optimal zone. It might take some time to start growing from here but also fundamentals need to look over.
Current loss 13%
Before:
After:
9. BLK - kind of flawless. Worked perfectly.
Current profit 48%
Before:
After:
10. BLL - a perfect example of why you should wait for a breakout to get a confirmed move. No trade.
Before:
After:
11) Berkshire Hathaway (BRK.B) - Buy the dip. Again, as Apple, a big and well-known company - all you need to do is to determine the round numbers and small previous resistances that act as support levels.
Current avg. profit from two purchases 28%
Before:
After:
12) Cardinal Health (CAH) - the retest isn't as deep as wanted but still a confirmed breakout and rally afterward.
Before:
After:
13) Ceridian HCM Holding (CDAY) - found support from the shown area but not much momentum.
Current profit 33%
Before:
After:
14) Charter Communications (CHTR) - technically speaking it is a quite good price action but kind of slow momentum from the shown area. So, it can take some time if the fundamentals are ok.
Current loss -14%
Before:
After:
15) Comcast Corp. (CMCSA) - got liquidity from new lows, pumped up quickly, and is currently fairly solid.
Current profit 16%
Before:
After:
16) Cummins (CMI) - close one, got rejected a few points before my shown area from the first role reversal (old resistance becomes support)
Before:
After:
17) Salesforce.com (CRM) - perfect. 50% drop, strong horizontal area, and mid-round nr did the work.
Current profit 74%
Before:
After:
18) Cisco Systems (CSCO) - worked and slow grind upwards can continue.
Current profit 18%
Before:
After:
19) Caesars Entertainment (CZR) - not in good shape imo. It has taken too much time and the majority of that is sideways movement.
Current loss 4.8%
Before:
After:
20) Devon Energy (DVN) - inside the area and actually active atm. Still, now I’m seeing a bit deeper correction than shown.
Before:
After:
21) Electric Arts (EA) - waiting for a breakout. It will come and it will be strong afterwards!
Before:
After:
22) eBay (EBAY) - inside the area but yeah, looks like not much power there.
Before:
After:
23) Enphase Energy (ENPH) - got a breakout, got a retest, and did ~70% rally after that! If you still hold it, as I do statistics, then…
Current loss -30%
Before:
After:
24) Expeditors International of Washington (EXPD) - kind of worked but didn't reach. No trade.
Before:
After:
25) Meta Platforms (META) - one of the best examples that you want to be in the markets and technical areas should give you the confidence to make your move! Run through the area but very quick and consistent comeback.
Current profit 86%
Before:
After:
26) FedEx (FDX) - I love the outcome of this. Very solid price action and multiple criteria worked as they should. Perfect.
Current profit 65%
Before:
After:
27) First Republic Bank (FRC) - firstly got a solid 30 to 35% gain from the shown area but...we cannot fight with the fundamentals.
Current loss 99%
Before:
After:
28) General Motors (GM) - slow but has started to show something.
Before:
After:
29) Alphabet (GOOG) - load it up 3.0, a good and strong company, and use every previous historical resistance levels to jump in.
Current avg. profit after three different price level purchases 32%
Before:
After:
30) Genuine Parts (GPC) - rallied quite strongly without a retest but now has started to approach my shown level.
Before:
After:
31) Goldman Sachs (GS) - really close one but still count it in.
Current profit 33%
Before:
After:
32) Hormel Foods (HRL) - quite bad performance here. Two trades, two losses.
The current loss combined these two together is 35%
Before:
After:
33) Intel (INTC) - one of my favorites again. Looks like the zone is in the middle of nowhere but the rejection came exactly from the box with good momentum in it.
Current profit 64%
Before:
After:
34) Ingersoll Rand (IR) - sweeeet!
Current profit 87%
Before:
After:
35) Intuitive Surgical (ISRG) - the trendline, 50% drop, strong horizontal area. Ready, set, go! Sweeet 2.0 ;)
Current profit 62%
Before:
After:
36) Johnson Controls International (JCI) - the retest worked quite nicely but did not have enough momentum. So probably it moves sideways for a while.
Current profit 14%
Before:
After:
37) Johnson & Johnson (JNJ) - Buy the dip and we had only one dip :)
Before:
After:
38) CarMax (KMX) - the area is strong but not enough momentum in it so I take it as a weakness.
Before:
After:
39) Kroger Company (KR) - breakout occurred, retest also but nothing more to say.
Current loss -6%
Before:
After:
40) Lennar Corp. (LEN) - strong resistance level becomes strong support.
Current profit 133%
Before:
After:
41) LKQ Corp. (LKQ) - haven’t reached yet but still, it should be solid.
Before:
After:
42) Southwest Airlines (LUV) - no breakout = no trade! Don’t cheat! Your money can be stuck forever but in the meantime, other stocks are flying as you also see in this post. If there is a solid resistance, wait for the breakout and possibly retest afterward!
Before:
After:
43) Las Vegas Sands (LVS) - channel inside a channel projection ;) TA its own goodness!
Current profit 60%
Before:
After:
44) Microchip Technology Incorporated (MCHP) - nice one!
Current profit 67%
Before:
After:
45) Altria Group (MO) - got a decent break but lacked momentum after that and sideways movement can continue.
Current loss -11%
Before:
After:
46) Moderna (MRNA) - still inside a quite wide zone but nothing too exciting from my point of view.
Before:
After:
47) Morgan Stanley (MS) - the first stop has worked, and got some movements.
Current profit 27%
Before:
After:
48) Microsoft (MSFT) - Load it up 4.0, buy the dip has worked again with well-known stock.
Three purchases and avg. return from these are amazing 54%
Before:
After:
49) Match Group (MTCH) - if I look at it now then I don’t really like this chart at the beginning but it is what it is and we accept the loss.
Current loss -57%
Before:
After:
50) Netflix (NFLX) - almost the same as Meta. Came quite sharply but the recovery has been also quick. Another proof that you want to be on the market if these rallies occur.
Current profit 62%
Before:
After:
51) NRG Energy (NRG) - wait for the retest
Before:
After:
52) NVIDIA (NVDA) let this speaks for itself!
Current profit 200%
Before:
After:
53) NXP Semiconductors (NXPI) - usually the sweet spot stays in the middle of the box, and also as I look over these ideas quite a few have started to climb from the first half of the box.
Current profit 72%
Before:
After:
54) Pfizer (PFE) - yeah, got rejected after it came to retest the area the first time to around 30% but after that - slow death.
Current loss -29%
Before:
After:
55) PerkinElmer - “after” is EUR chart but you get the point.
Before:
After:
56) Pentair (PNR) - worked correctly, 50% drop combined with the horizontal area, easily recognizable, and the result is quite okay.
Current profit 65%
Before:
After:
57) Public Storage (PSA) - slowly has fallen to the zone and first impressions are on the chart already.
Current profit 20%
Before:
After:
58) PayPal (PYPL) - the area just lowers the speed of dropping :)
Current loss -29%
Before:
After:
59) Qorvo (QRVO) - it can be a “late riser”, let’s see.
Current profit 24%
Before:
After:
60) Rockwell Automation (ROK) - sweet, worked again like a charm.
Current profit 52%
Before:
After:
61) Rollins (ROL) - after posting it didn’t come to retest the shown area. Being late for a couple of weeks. Worked but cannot count it in, the only thing I can count is that my bias was correct ;)
Before:
After:
62) Snap-On Incorporated (SNA) - same story!
Before:
After:
63) Seagate Technology (STX) - firstly it came there! Look how far it was, the technical levels are like magnets, the price needs to find some liquidity for further growth and these areas can offer it. I like this, and the climbing can continue.
Current profit 42%
Before:
After:
64) Skyworks Solutions (SWKS) - one of the textbook examples of how trendline, 50 drop, round nr. and strong horizontal price zone should match. A bit slow but oohhh boy I want this will play out. I have talked about this idea in several presentations and it is kind of a perfect example of how these criteria can determine the strongest zone on the chart!
Before:
After:
65) TE Connectivity (TEL) - came down, and got a rejection. “Simple” as that.
Current profit 34%
Before:
After:
66) Thermo Fisher Scientific (TMO) - mister Ranging Market. Nothing but last month got a bit of volume from the liquidity zone and let’s see what it can do.
Before:
After:
67) Trimble (TRMB) - currently up but the price action signs that it can stay ranging for some time.
Current profit 19%
Before:
After:
68) Tesla (TSLA) - made a split. Have been successfully recommended many times after that here and there but two years ago was these price levels and..
The current profit after two purchases is 16%
Before:
After:
69) Train Technologies (TT) - dipped the box and off it goes!
Current profit 91%
Before:
After:
70) Take-Two Interactive Software (TTWO) - I like this analysis a lot. Worked as a clockwork.
Current profit 60%
Before:
After:
71) United Rentals (URI) - scam :) have some closest calls counted in and here is another one.
Current profit 128%
Before:
After:
72) Waters Corp. (WAT) - came to the box as it should be slow and steady. As the plane came to the runway.
Current profit 33%
Before:
After:
73) Exxon Mobil Corp. (XOM) - another escaped winner. Didn’t come down to retest my retest area so, missed it.
Before:
After:
74) Xylem (XYL) - nice to see that the majority of these areas are working very nicely!
Current profit 49%
Before:
After:
75) Autodesk (ADSK) - slowly, slowly but worked and climbing from the shown area.
Current profit 42%
Before:
After:https://www.tradingview.com/x/qRJaz6rI/
As we summarise this journey through the past two years of market analysis and stock picking, it's clear that the power of technical analysis has been a guiding force in achieving remarkable results.
As said, these chartings are made solely based on technical analysis but if you add here a bit of fundamentals then these results can be much better. Probably would have avoided some losses. If possible, always use both analyses. Let this post prove to you that technical analysis works in most cases and helps you find good entry points. These areas act like magnets. Sooner or later the price will still reach these levels. I like this saying a lot and I will end my post with it: fundamental analysis tells you what to buy, technical analysis tells you when to buy!
Hopefully, you liked this post, learned something from it and if it isn't too much to ask then which one was your favorite?
Take care & happy trading,
Vaido
Let AMZN Be … [ Short-term] Uhm... ohm...
I think we should leave NASDAQ:AMZN and @JeffBezos alone.
The #Amazon price has fiercely struggled in the range of 140-150 for over a month. Bulls and bears have been battling for every inch of territory, causing traffic jams, and there's not much we can do.
However, with a strong full-bodied candle last week and Bulls gradually winning small battles, my prediction is that as soon as the market opens, we will have a Gap up.
HOWEVER , this is not the time to Buy. Chasing the peak is always wrong. Just stay put, please.
The time for a beautiful Buy position might be shaking its leg, enjoying itself, has passed since the end of October.
Be patient and wait for the next opportunity.
WHAT A WISE TRADER DOES?
If you're holding a Buy position : Move the stop loss to a safe point to preserve profits.
If you're holding a Sell position : Uhm... set the stop loss carefully.
If you haven't done anything yet? Well, just continue not doing anything!
Elon Musk’s X Explores Amazon PartnershipIn the ever-evolving landscape of social media, Elon Musk’s platform, X, faces a pivotal moment. Recent discussions reveal a potential collaboration with Amazon, a move that could reshape the platform’s advertising dynamics.
Meanwhile, as advertisers depart in the wake of controversies, X seeks strategic alliances to revamp its image and attract a new wave of businesses.
X In Talks With Amazon
Elon Musk’s social media platform, X, is in early discussions with Amazon to integrate the platform into the e-commerce giant’s ad-buying software. The primary objective of the partnership is to empower small businesses to showcase their products directly on X, tapping into Amazon’s expansive user base.
Notably, as X engineers strive to enhance the ad platform, the focus remains on refining direct response ads, crucial for luring small business advertisers akin to industry giants like Meta Platforms, formerly known as Facebook.
According to a WSJ report, the deal, if finalized, could attract numerous small and midsize businesses on the e-commerce giant’s platform, ranging from office supplies to home goods. However, the report also suggested that the discussions are in the early stages and may not result in a final agreement.
Meanwhile, X CEO Linda Yaccarino is leading the charge to diversify the advertiser base. In addition, talks with other ad platforms, including Google and PubMatic, underscore the platform’s commitment to exploring new avenues. Notably, a deal with Google earlier this year marked a significant step forward.
The Social Media Platform’s Shift in Advertiser Landscape
Elon Musk’s foray into the social media realm, marked by the acquisition of X in 2022, has triggered a seismic shift in its advertiser landscape. The departure of major brands like Apple, IBM, and others, prompted by controversies and brand safety concerns, has paved the way for a surge in small and medium-sized businesses seeking advertising opportunities on the platform.
Meanwhile, X’s adaptation strategy involves honing performance ad products tailored to its new target audience. Aiming to compete with industry giants like Meta and Google, X faces an uphill battle, with challenges ranging from content moderation to proving ad effectiveness. Talks with potential partners like Amazon signify a strategic move, requiring assurances regarding content policies to assuage the concerns of advertisers.
As X ventures into uncharted territory, the outcome of these discussions holds the key to its resurgence in the competitive social media landscape.
Amazon TA -Swing Idea - Going up?hey guys its amir whats up?
so NASDAQ:AMZN first of all its not a secret that amazon its an absolute monster company, one of the strongest of them all. So lets analyze:
- Amazon just touched a support trendline since 2018 acts as support and got bounced (also daily time frame closed hammer candlestick, ill see later how I upload to this idea more updates in different time frames)
- price touched fib 0.328 which perfectly sits on the trendline and bounced from there.
- 50 MA getting a bullish shape (not strong yet but still attempting to go bullish) and 200 ma shows a fight between bulls and bears but still the bulls are dominating.
- we see that we are getting buying pressure (bottom indicator marked by arrows and circles)
- I see that the volume in the about 6 months is actually very controlled and stable which is pretty good I mean you dont want huge spikes and flip flops keep it stable all the way the better. Since April 22 you can see in the volume that the bears were in control, watch at all the red bars and watch the drop of the stock in that area. and for the last few months they just fade away in a stable way.
// so to summerize, I do think that AMZN have great stracture, and they have more room to push forward in the coming weeks/months.
maybe to get inside the trade right now its a bit early because needed some more confirmations, but I probably will enter now because I can set my stop loss very close and if its will reach than not a big deal just cut it, and if I'll have more confirmations soon i will add more to the position.
The main TP points are : 147.73, 163.50, 177.76
for me great risk reward trade.
let me know what you think guys <3
BITCOIN TF 1M LOOKS BEAUTIFULMy Point of View about Bitcoin still Same. I looks a Bubbles Condition at TF 1M, I saw a Double Top Pattern Which mean Price can be Drop significantly. Please use a free money for buy a bitcoin or another altcoins. I Believe Bitcoin will Hit 100K$ it just a matter of time. At this moment we must follow the news from US about Inflation. THE FED still Hawkish about USD. Stock, Crypto will be suffering again.
REMEMBER !
" NEVER INVEST MONEY THAT YOU CAN AFFORD TO LOSE "
Thats All For me Cheers :)
Five Wave Up!!The fifth wave is expanding??Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!