Analysis of Amazon (AMZN) Price Action: Short to Medium Term Outlook
Upon examining the hourly timeline for Amazon (AMZN), it becomes evident that the stock is currently testing a significant support level that has been established since late April. This support line has proven resilient, having been touched multiple times over the past few weeks.
Technical...
Looking at two price targets to add to SPY. In the case that the market cools in the following weeks / monthsI am looking at $525 level one to add and then looking to add again if we reach as low as $475.
Expecting a slight pullback on Apple . 4/12/2021 price action could have been that pullback or we could see it extend back as far as 127.76-126.35. However that being said my current price target for Apple is 137.23 and 143.18
Dell has continue this long melt up from a stiff drop in November of 2020. With COVID-19 making the world more digital centric I am very bullish on DELL. As all time high have just been set look for a continual melt up. I have a price target of $100 in the short to intermediate future. Look for a support line at around the $92 mark.
A double bottom formed on AAPL causing a strong push to the upside. Approaching two resistance points at $137.08 and $143.11. These two prices will be my targets for the intermediate to short future for AAPL.
