AMZN Amazon.com, Inc. Common: Neutral

9 ม.ค. 2022

Consider fundamental analysis too.


1- CCI 20 is perfectly below 0. (Strong Bearish )
2- Almost near Support. ( Bullish )
3- The red line is below the White line of “ACL” (self-made indicator) .( Bearish ) (ADL indicator)
4- "Multi analyzer" (self-made indicator) is downtrend and is -2 right now. (Bearish )
5- Close is below red and white line ( Bearish )
6- Mid-term channel is sideway (sideway )
7- Long-term trend is Bullish ( little Bullish )
8- In bottom half of Mid-term channel ( bearish )
9- around middle of channel ( Bearish )
Overly , Bears are stronger and buying this Stock is risky but if you are eager to buy use these instructions.
Buying is suggested after a Bullish daily candle low between 3150$ to 3186$ and close slightly over 3186$.
Buying is also suggested after breaking the short term trend line.
SL: Below 3120
TP1 : 3536
TP2: 3746

Beyond the technical:
Bearish: 1,184,332 shares sold by insider!!! In 3months
Bearish: High debt to equity: 2.5
Bearish: P to E to Ratio is around 63.60.



In case of good stocks I prefer to be an investor not a trader, but trading with lower Trading with smaller amounts can increase the overall profitability without any unreasonable risk.

9 ม.ค. 2022

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