AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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AMZN
AMZN Potential For Bullish Bounce| 11th April 2022We expect a potential bullish bounce from buy entry level of 3082.91 in line with 71.8% Fibonacci projection and 161.8% Fibonacci projection towards the take profit level of 3202.72 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPJPY SHORT Hello Traders, here is the full analysis for this pair, I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied. If you enjoyed this free analysis and it was useful for you, like it and share it with your friends. Please leave your comments below this post
AMZN: Buying the dip? Watch these key points carefully!Hello traders and investors! Let’s see how AMZN is doing today!
In the 1h chart we see that it is trading near the support level of a Descending Channel. This is a good place for a bullish reversal, but so far, we don’t have a meaningful reaction.
The black line at $ 3,175.42 is the key point that could trigger a reversal, and the first target would be the 3,265.35. What’s more, it must break the 21 ema for good, which is another resistance for it.
Let’s see the daily chart for more clues:
In addition to the support in the 1h chart, the daily chart shows another important support level: The 38.2% Fibonacci’s Retracement. For now, AMZN is holding at this support area nicely, but it must break the $ 3,175 for some bullish confirmation.
AMZN is not one of my favorites right now, but it is looking interesting. Since it is near support levels, the Risk/Reward ratio becomes attractive again, and it is worth to trade it. The key point it must not lose in order to trigger a clear bullish sign is the 38.2% retracement in the daily chart.
Let’s keep our eyes open! I’ll keep you guys updated on this, as usual, so remember to follow me to not miss any of my future daily analyses!
AMZN: Sell Zone is 3520-3670AMZN just finished up its W-4 pull back as expected. However, price was about $80 shy of reaching our buying zone at $3100-3000, but the bottom appears to be in now. AMZN should rally about 10% by the end of month to complete its W-5. It should maintain the support trend line you see on the chart. After we reach the selling zone you will want to "Sell in May and Go away" because AMZN will then begin its larger degree W-2 pullback that will bring price back to about the $3100-3000 level. I will be selling covered calls against my shares to protect my gains once we reach the selling zone.
Buckle Up ButtercupI have been following GME forever. I have even gone to that little movie that was created to show my dedication. I have GameStop merchandise and clothing. I love this company.
Lately things have been feeling different than usual, I still expect time to do its duty, as well as catalysts to potentially increase our duration at these levels as well.
Soon however, GME will be more than a stock.
Soon I expect large green bars.
Soon.
Buy. Hold. DRS.
Want a choccy milky from the gas station to fill ur tum tum with num nums?! NO!!!!
Because save $$ -> BUY -> HOLD -> DRS
I LOVE YOU ALL
GOODNIGHT
(NFA)
amazon watchafter breaking the level with that green candle we can notice the price hit the nbreaks a little bit and created that red hammer candle . best move is to wait what gonna happen on monday . if a red canddle got created than that means it was a fake break . but if a green candle appear , that would mean the price will continue upwards and it a good place to entre as buyers
$AMZN Key Levels, Analysis, & Targets $AMZN Key Levels, Analysis, & Targets
Assuming that we hit the top of the run right now, I’m looking at around 2950 for the next swing opportunity…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
BIDU - Look out Below.. Big Bearish Move DownToday we look at BIDU
We see a Huge Bearish Descending Triangle in which we have been in for the last 280 days or so.
We can observe this as illustrated with the lower highs while we are posting the same level lows
To add to the bearish sentiment we also formed a Bearish "Bear Flag" within the same price structure.
We just broke down from the bear flag and closed below.
Looking at price action and volume we find data to support a bigger move lower as well.
We are taking longer time buying then we are selling AND the price action bars buying are far weaker than those selling. Volume supports and agrees as well.
Going into Monday we are looking for some small corrections to start the week then ADD to our PUT OPTIONS as the market continues to sell off.
First Long Term Target: $95
Ideal Re-Entry: 153-157
SELL AMAZON TODAYGOOD EVENING,
1)we are below the VWAP .👌
2)bear divergence confirmed by STOCHASTIC .💪
3)protected by the last resistance. 💪
all these indicators say sell in a loud voice.
so sell and open your wallets.🤑
+IF IT BREAKS UP BUY AT 3439,00
+IF IT BREAKS DOWN SELL AT 3182,00
BUT TODAY SELL ANYWAY BECAUS THE VWAP IS A VERY STRONG RESISTANCE
GOOD LUCK.❤️
My HIGHEST CONVICTION trades of 2022 - Amazon and GoogleThis is the chart video for my Best of Us Investors production detailing why I put Amazon NASDAQ:AMZN and Google NASDAQ:GOOG as my highest conviction trades of 2022. The past tech stock splits of Apple NASDAQ:AAPL Tesla NASDAQ:TSLA and NVidia NASDAQ:NVDA inform my thesis going into these future splits.