Name Your Stocks! I’ll Analyze the Most Voted Picks!Hello readers,
Let’s Do It Again! Name Your Top 3 Stocks for a Technical Breakdown!
A while back, I did this with crypto, and the response was insane – hundreds of comments and great discussions. Now, I’m bringing it to stocks! Will this get the same hype? Probably not… but prove me wrong! 😏
🔹 Drop three stocks you’re most interested in.
🔹 Boost the post to make sure your picks count.
🔹 I’ll analyze the most mentioned ones, highlighting key technical strengths, weaknesses, and possible scenarios.
If the chart offers clear insights, I’ll break them down. If it doesn’t, I’ll tell you why technical analysis isn’t reliable in that case – because knowing when NOT to rely on TA is just as important.
Let’s see what the TradingView community is watching – drop your picks below and let’s try this!
Cheers,
Vaido
Amazone
Amazon Has More Room to RunSeems like every time the market tanks AMZN goes to new all time highs and this week has been no exception.
Finally, however, it appears Amazon has hit some real resistance and could see a pullback before ultimately running to its first fib extension I have plotted at around 3965.
In the meantime there is a nice ascending channel that has formed and in the past we have seen these same channels in large trillion dollar market cap stocks run for multiple months and in many cases even years.
This is a play that has taken months and months to form and is now finally playing out. Do not expect this to end in a week or 2.
Although this moment is not the ideal spot for entry, one can conclude that much higher prices are on the horizon for the world's largest online retailer.