Amazon With Bull Potential For The Next WeekNASDAQ:AMZN with high bul potential.
The analysis from iAmPrediction states that the company is a long turn buy, according to its financials.
Furthermore, part of a blog post of Brian Deagon states that:
"D.A. Davidson analyst Tom Forte believes that Amazon is steadily evolving into being a much larger services company. The idea is, rather than disrupt and destroy businesses as it has frequently done, Amazon will instead try to help them. They'll cooperate with Amazon but still be in competition with it. It's a business strategy referred to as "coopetition." " (source investors.com, Brian Deagon)
Investorsentiment
GOLD NEXT PROABILITIESAs we can see GOLD's Higher high is on 1,815 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1797 and there are 50% chances of rebound with corrective structure towards buy direction while maintaining the zone between 1795-1815. In case if its break the support level of 1795 than there will be more chances that gold will touch the support level of 1770 and adopt the zone between 1745-1780. I can't confirm that but as the DX is still not recovering and the Stock markets on Highs,and the news came out about the Corona Vaccine that USA has made and that will be fully ready to use in the next coming 2 months and thats the key factor of gold's bearish movement.
The Red oval area indicates the restricted area and Avoid Trading.
Comment us if you need any Help
GOLD next Trade Setup Gold has been moving bearish since Friday and trying to approach and test its next support at 1780. There are strong chances of retracement from this point i.e 1780 upto 1820 which will be 400 PIPS!!
In case if it breaches the support level at 1780, it is expected to go down further and enter the 1760-1765 zone which is also a strong support.
Rising COVID-19 cases in US are acting as a catalyst in Gold's upward momentum.
There are strong chances of Gold to touch $1900 in 2020.
Gold next proability 80% confirms Steupthe expectations of continuing the bullish trend for the rest of the day, and the ways is open to achieve our next target at 18400.The expected trading range for this week is between 1780.0 support and 1810.00 resistance.
so Guys follow it with you Experience and you will get 300-400 pips confirm on this zone.
As you seen my last prediction we got 300 pips confirms and now through this setup again we are going to Get good pips .
Battle Zone-Who Will WIN Short Term ..Morning Notes 05/02/19Morning Notes: 05/02/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
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Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
Futures are flat this with a bear flag look to it, implying that we should see a break of yesterday's lows (2917 /es) The wedge target for this move is right around the 2895-ish area. We MAY also get some bullish divergences with new lows, so if we get a bounce in that area, it would make sense.
The SPX has a totally different pattern in place and if the bulls can push through the 2915 support, I am expecting a reaction trade down to the 2887 in the coming hours/days. That was the short term target for the 2942 trade alert from yesterday. If things do heat up in the bears camp (Not sure until we see a break of 2915) the realistic downside target would be 2810/2721 as they are the 23%-38% retracement levels, with price support as well. If the bulls come out fighting, they need to get the spx above 2932/2937 resistance zone to get out of trouble and above 2945, they will be back in control again for the short term.
We still have some time left before the "Kill Zone" so we could get some choppy tape between now and then. But as I have stated, a 23% retracement would be a normal pullback (2810) and I kind of expect that support level to be tested. I am NOT sure what road map it takes to get there. Do we come back and test the highs first? Do we head lower and it goes viral and 2810 comes in a fast manner? We will find out soon enough, but I am just watching the first short term target at 2887. Short positions from yesterday-you can either place stop at entry 2942 or give it some more room and place it at 2955.
The range SPX range for today is 2932 high and 2916 low. A break of 2932 the spx should try for 2937/2942. A push below 2916 we could see 2909/2897. G
SPX CASH 60 minute technicals
Stochastics: Overbought
Divergences- Bearish Divergences
Resistance Levels: R1-2932 R2-2937 R3 2942
Support Levels: S1-2916 S2-2909 S3 2897
Trending Pivots: Lower
US2000: Tremendous 15 Consecutive Day Rally I have not been able to find any conclusive data regarding whether or not this rally has been all time record for the Russell 2000 Index. Investor confidence has soared to all time highs via 3 week rally. Although I am glad to see this rise occur, I do not seem to understand the logical or fundamental justification for it. How much longer can the Stock Market ignore the carnage in the Bond Market? Because interest rates have been so low for so long, I believe that an increase in rates at this time, a time when the market has been relatively stagnant for over a couple years, will have a strong deflationary effect on the Stock Market. This December, when the Federal Reserve Hikes interest rates, we will see whether this rally has been a genuine reflection of the supposed US recovery, or if it has simply been an impulsive pump after the election of Donald Trump. Please do not hesitate to leave your thoughts.