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#Amazon - Bullish - But I sell all positionsFrom a purely technical chart perspective, I continue to see Amazon bullish. A breakout means rapidly rising prices. I wanted to hold the shares longer but out of my inner conviction that was no longer possible. There are enough alternatives for investments. Therefore, I sold all Amazon shares from the depots last week, because I consider freedom of opinion and diversity of opinion to be the highest good. In the course of time, censorship has always led to further radicalization and even to war/civil war. This is what history teaches us. The measures that Twitter, Google, Facebook and Amazon have therefore taken in recent weeks to suppress opinions, I consider as dangerous as the silence of the alleged "democratic" forces in the world. That many media/gazettes celebrate this, shows actually only whose spiritual child dwells in their owners mind. With their market-dominating position, these companies must be broken up as quickly as possible. Not only from a monopolistic and competition law point of view, but above all because they can and already do massively restrict freedom of opinion and diversity of opinion. Best regards from Hanover, Lower Saxony Stefan Bode Please also still like the publication of the similar idea attached below.
NASDAQ:AMZNLong
by StefanBode
4
Amazon , bullishHello friends, I want to give my opinion on Amazon. This analysis is done in the long term, it does not guarantee or know what may happen in the very short term. It is in a clear upward trend, since July 2020, a pattern known as a symmetrical triangle began to form. What does this pattern consist of? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines. In the graph itself, I indicate where the buying / selling zones would be. Also as I think it will respect the pattern and break upwards, I also indicate where it would be an ideal point to take part of the profits.
NASDAQ:AMZN
by scam2nft
AMZN LONG SET UP TO FILL GAP AT $3,500Long term swing TP points TITLE/(DATE)- BUY AMAZON scalpel trade ASSET- AMZN PLATFORM- MT4 ORDER TYPE- BUY limit Time Frame- 1D ENTRY PRICE 1- 3086.00 ENTRY PRICE 2-3068.00 STOP LOSS- 3056.00 (300 PIPS) TAKE PROFIT 1- 3116.00 (300 PIPS) TAKE PROFIT 2- 3186.00 (1000) PIPs) TAKE PROFIT 3- 3286.00 (2000 PIPs) TRAIL STOP LOSS FROM TP.2 to TP.3 when price reaches TP.4 TAKE PROFIT 4- 3,368 (2800 PIPs) Take PROFIT 5- 3,486 (4,000 PIPs) STATUS: ACTIVE TITLE/(DATE)- BUY AMAZON scalpel trade ASSET- AMZN PLATFORM- MT4 ORDER TYPE- BUY limit Time Frame- 1D ENTRY PRICE 1- 3086.00 ENTRY PRICE 2-3068.00 STOP LOSS- 3056.00 (300 PIPS) TAKE PROFIT 1- 3116.00 (300 PIPS) TAKE PROFIT 2- 3146.00 600) PIPs) TAKE PROFIT 3- 3176.00 (900 PIPs) STATUS: PENDING
NASDAQ:AMZNLong
by MavRich_Trading
3