AMZN
$NVDA railiyig with the market.$NVDA has been trending up for the past few days rallying with the market along with most tech stocks.
volume also picks up compared from last year. with this much volume going on in $NVDA making more
volatile like TLSA. no exciting news so far, so base from the indicators and historical charts.
this stocks could push a bit more for 1 or 2 days before it reach its pivot point. unless some news comes out.
Day trade or scalp target play: 03/ 22 /22
Buy call above 271.68 sell at above 277.03
Buy puts below 262.83 sell at 256.03 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
AMZN just broke through a falling wedge (plus stock split)With AMZN pending 20-to-1 stock split this looks like a good bet right now. AMZN just broke through the top resistance of the falling wedge pattern. This is good short term and long term bet. Also if you like selling covered calls after the split AMZN will be a good stock for Covered Calls as it will be more affordable to buy in blocks of 100. If you buy 5 stocks today that will give you 100 after the split and you can sell a covered call. So buying in blocks of 5 is a good thing if you plan to sell covered calls.
$BIGC LONG SHARES$BIGC beaten battered and abuised with supply chain issues coming at them left and right. Finally a breathe of fresh air on the weekly chart as we look for a potential bottom here.
From a fundamental point a 1.5B eval is a nice spot long term for this name so I will be entering a large share position Monday with a super tight stop of $3 per share while we look for a $20+ upside. 7+ R trade <3
Amazon: Weekly Moving Average Resistance Amazon - Short Term - We look to Sell at 3219 (stop at 3346)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 3200.00. 20 1week EMA is at 3167. The 50% Fibonacci retracement is located at 3219 from 3762 to 2671. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 2768 and 2635
Resistance: 3200 / 3500 / 3700
Support: 2700 / 2500 / 2200
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
What happens when FAANG rises more than 5 times by 2000 days? Disclaimer: These assets are not for new traders or those who don't tolerate ULTRA HIGH risks. I don't recommend this trade (also I don't recommend any other trade). This is just my market view on the current moment. It could be TOTALLY WRONG. If my view changes in the future I am not obligated to update this idea or publish a new one.
AMZN Potential Bearish Reversal | 17th March 2022We expect price to dip from our Sell Entry of 3084.43 in line with the 61.8% Fibonacci retracement to our Take Profit level of 2718.60 in line with Fibonacci confluence (127% Fibonacci extension, 78.6% Fibonacci retracement and 61.8% Fibonacci projection), along with the horizontal swing low support. Our bearish bias is supported by price trading under Ichimoku cloud indicator. Alternatively, price may break our entry structure and head for our stop loss of 3270.02 in line with the 100% Fibonacci projection level and horizontal swing high resistance.
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.
Amazon flowing down the river. AMZNGoals 2697, 2542. Invalidation at 3637 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
The Beauty of 50% Retracement FractalsThis is my third post about Amazon NASDAQ:AMZN in a week but I find the price action to be one of those rare, textbook, beautiful moments where 50% Retracements work in fractals. From the pullback on March 8th, to the pullback on March 14th, to the pullback at the open today March 15th... the patterns repeated on smaller timeframes.
Amazon 50 in 50Following Amazon stock NASDAQ:AMZN hitting the COVID low to ATH 50% Retracement on March 8th, 2022 prior to the split announcement I have been waiting for a pullback to enter on both the Retracement Level and in preparation for the pre-split (May 27th) rally I expect. Success will come from patience.
Amazon to regain some ground. AMZNImmediate targets 3244, 3366. Invalidation 2721.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$AMZN stock split 20-1 worth it?$AMZN surge up after announcing the 20 for 1 split making all the investors turning their eyes for bullish move.
if you remember when TSLA split last year, making the stock moves about almost $100 in one day. but with AMZON the average move
per day is about $30-60 per day and this could double if wallstreet decides to pump AMZN to get retail investors attention.
but keep in mind, last year FEDS haven't make any move yet on interest rate compared now. also with geopolitical issues going on market
tends to be vert unstable and choppy making hard to predict the move.
technical analysis wise, AMZN is still bearish in my opinion if you look at the daily chart.
if you look at it on smaller time frame, AMZN just entered the squeeze and pushing back up.
here my ideal play to enter.
Day trade or scalp target play: 03/ 11 /22
Buy call above 2968.30 sell at 2980.72 or above
Buy puts below 2891.30 sell at 2879.74 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.