Amazon must finalize consolidation before attaining a new ATH.While I find it imperative to convey Amazons imminent decent to the rest of the Trading View community, I hope all of you can understand my apprehension with informing everyone of the indicators that I use. While I have never witnessed any individuals use any of the MA's I have displayed in this chart, most likely, some of the elites are privy to elements of my secret sauce. Due to my realization that the majority are not, I would like to keep them a secret until I have achieved enough wealth to combat and expose those narcissistic egotistical sociopaths while financially assisting the rest of humanity. I will say that my relentless deep diving research into the fundamentals and principles required for the manifestation of mater and nature has allowed me the ability to recognize the future movement of stocks and cryptos. In addition, I will state that intertwining Gann theories together with Dan Winter's discoveries has much to do with the uncanny precision and accuracy of my predictions. I assure all of you, my moving averages have absolutely nothing to do with conjuring up random mathematical equations and numbers and everything to do with compiling a specific pattern that can be applied across a multitude of platforms. One day, I will be more inclined to allow everyone to know every detail.
My Conclusion;
Amazon must consolidate down to $1080 before ascending to a new ATH is achievable. Invalidation of my assessment occurs if the Amazon price supasses $1900, but this is incredibly unlikely and comparable to the possibility of Elvis still being alive. As you can determine by reviewing my chart, I anticipated the repetitious bouncing of the price between my moving averages and eventually finding an insurmountable impediment just beyond the $1800 mark. I wouldnt hold anything against you for being skeptical about heeding advice from a self taught stranger who admittingly will not inform you of the specific MA tools utilized but do know that I am sincere and have been profoundly successful with the pattern formulations I have implemented and I will be informing all those closest to me of the data and suggesting to them to exit Amazon until $1,100. As the price descends it will continue to find support and resistance from the MA's I have displayed so there will be ample opportunities to get out of the way before finding yourself 40%+ down.
This is of course not financial advice and is solely a glimpse into my own personal journey. I ask that you accept this as for entertainment purposes only . My wish for all of you is happiness and prosperity.
The answer to the question that every human being raises multiples times throughout their lives, is, love .
May the source of the vacuums force be with you all.
Mustsee
A beautiful idea based on psychology Hey you guys I'm bringing you a new idea based on the ones that have already lost their money.
The first target for this monday is just the 0.88496 but if the market come in the same sequence the price is going to plummet till the 0.85456
I hope you have a nice trade there :D
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