is still validOur forecast is still valid. The price is moving in the right direction. waiting for the movement to support.
Amazon
we can expectThe previous forecast worked perfectly. Now we can expect the price to rise. Don't forget to stop. Be careful. first wait for the reversal confirmation
AMZN - DAY TRADE ABOVE OUTSIDE BAR 3634.00Futures are point up for a bounce and I will be taking weekly calls of 3700 above 3634.00 (daily outside bar high from 11/26). Should TECH have a strong week AMZN can push over the ATH in 1-2 weeks toward $3800
$AMZN | WEEKLY WATCHLIST 11/29Like Apple, we expected Amazon to pullback while most were super bullish. A bit more uncertainty with this one, as we can call this pullback either a wave 4 (if we hold 50%) or another nested 1-2 (if we hold $3350-3440)
No longs for now.
things can change.the price moves in the corridor. for now we will expect a fall. but things can change.
Don't forget to set your stops.We are waiting for a rebound to open up. Don't forget to set your stops.
Watch carefully.There is a possibility of a rebound from support and further upward movement. Watch carefully.
A false breakout of support is possible. Be carefulThe price is gaining momentum. Our forecast is working. A false breakout of support is possible. Be careful
collecting stops to fly downEpl showed weakness earlier, now collecting stops to fly down. Keep an eye on the price.
A good opportunity to earn money.I expect a rise above the maximum. A good opportunity to earn money.
possibility of a second scenarioSo far, the price is going in the direction we need. But there are signs of a slight weakness, which is why the possibility of a second scenario has appeared. Be careful.
$AMZN | 11/26 | Watchlist #2 $AMZN +$3588 or $AMZN +3620
(Over $3588 for calls)
(Over $3620 for calls)
Price targets:
$3588 -> $3600
$3620 -> $3650
Technical analysis: Double bottom off pivot point
Rationale: Black Friday shopping
TEsla - SHORT?Tesla is moving in a corridor that can turn into a downtrend. The strongest signal will be after the breakout
Possible scenario for AMZNPrice is in a consultation zone and it might has a retracement to lower levels before trying another race to the ATHs
waiting for the breakdownThe price has moved to the sidewall, which is similar to the accumulation. After which there may be a short. It is worth waiting for the breakdown of support
should be correctedA strong downward movement should be corrected sooner or later. The rise may close the gap. be careful
bounced ofThe price bounced off the resistance again, which means the bearish trend is strong. We expect a drop to support , and maybe even lower
price will go?the price perfectly reached our goal and turned around to support, from where we will enter the long again. And where do you think the price will go?
Don't forget about stopWe are still waiting for growth above the previous maximum. Don't forget about stop
drop below the minimumThere is weakness, the price has formed the second peak. A drop below the minimum is possible. What do you think?
