Amazon (AMZN) Good to shortI have been short Amazon since 1870 and am currently in good profit.
Amazon has been overvalued for a long long time. If people do not regain confidence in the stock it will drop much more.
Amazonshort
Amazon (AMZN) Price Prediction for Sep 19 2018 I am predicting it will reach the green area be the time and date shown
Amazon test trend lineWe are expecting Amazon to come down and test our very strong trend line that's ben touched 6 times before and bounced every time, then we are expecting a further bullish movement with some good news expected to be released.
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AMAZON Weekly - This can only end wellBearish divergence on the MACD & RSI. Parabolic run up. Top resembles rising wedge.
New paradigm
WEAK RETRACEMENT AMAZON SHORT $$$Hey Guys,
"Against the odds trading" opportunity, shorting Amazon after a weak retracement from earlier highs - targeting 1500 - 1600 levels - short play.
Might lock up the profits and extend the short for a fundamental play - a reversal! We shall see in due course.
Keep it tight, Keep it Real!
Amazon finally....ShortShorting to fib 38.2 Levels - See how the price stopped at Fib Ext 1.272 levels....so mostly it will now correct to 61.8 levels.
T1 - 38.2
T2 - 61.8
Look at those ....
Repeat Ascending Wedge on AmazonPlaying out a similar pattern to February (same trend), running into resistance at 1615. Compound this with RSI divergance (lower highs), I expect a fall off to 1450 where support may allow a further fall to 1350
AMZN Short (Rough Outlook)I have traded crypto-currencies for 5 years and I have traded various OTC stocks. It has come to my attention that YOU the trader should short Amazon. It is extremely overvalued and you will have a better chance of making money on the way down (far more selling momentum at play) than you ever would betting long for the next Quarter. The bear market is coming so to bet long on Amazon you'd not only have to fight against the downtrend markets, but you would have to make a substantial risk.
Amazon short - First target at 1000 UsdAmazon uptrend is over guys! let's short this overevaluated company - First target is at 1000 USd.
Fundamentally speaking, Amazon has a P/E = 317!!!!!!!
Warren Buffet suggests to buy companies for a long- term investment when they have a P/E = 5 combined with other conditions!
Guys let's short it with confidence!
Amazon Short long Term SW1 Chart with possible equal gain as BTC, this can not be real for Long term investion.
Next Short Targets via Fibo retrace
AMZN@ 1h @ was this last week a false breakout or constructive ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
Butterfly effectI will like to post this chart only with scientific purposes in order to prove the butterfly effect, enjoy
AMZN @ 1h @ will we find us around yearly sma by 704.84 ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
AMZN @ daily @ after W TrendReversal broked, will 200 MA holds ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
long AMZN @ 15 min @ trading capability for this 51st week`16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
Too Early to Buy the Amazon DipAmazon stock is likely to reach the $800 mark again, but instead of joining the bulls, we should get ready for the third phase of the corrective sequence.
AMZN @ Daily @ Crucial Days until Christmas (year end 2016)AMZN lost -16,83% from it`s all-time by 847.21 (2016/10/16) until 710.10 (2016/11/14)
Meanwhile the 2nd main upside trend broked also - with a GAP! And this GAP is also the 1st target to get back on a bullish track. I am slightly optimistic, but i want a visual evidence - want to see the shares even to trade between 789.49 & 815.43. Buying before is also an oppurtunity, `cause the downside trend, which even breaked the 2nd main upside trend was left behind while last wednesday trading day ...
How ever, maybe i am too kosher !?
But i want to see the share even trading out of the downside trend - even between the GAP, if it has to be ?!
And from thi points of view, all in all, i am still pretty neutral - and would like go long much higher over next week, if even the broked downside trend holds ...
Possible short-term target for bears are, in my opinion :
736.70 2nd leg of the w-wave
710.00 1st leg of the w-wave
Possible short-term target for bulls are, in my opinion :
792.40 lower middle high of the w-wave & end of the extended downside trendline
843.09 start of the extended downside trendline
For mid-term trendfollower traders the all-time high (847.21) could be a support line to get long - even like the alll-time high from last year by 696.44 (2016/12/29) for bears to get mid-term short once again ...
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
