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AMZN: Entering into the danger zone
AMZN showing a lower high with a 7x standard deviation from the trend line with earnings coming up next Thursday while US payroll protection is ending.
Let's play connect the dots, if AMZN is the Nasdaq (11.6% based on market cap weight) and the stock is entering the danger zone with the Nasdaq sitting on a potential double top neckline...and TLSA (2.2% based on market cap weight) went -5% post-positive earnings announcements... and AAPL (12.2% based on market cap weight) is trading at 12x standard deviation from trend line with earnings due 1 day after AMZN...and stock prices have been apparently driven up by Robin Hooders using their Covid-19 unemployment checks... are you sure you want to stick around to see how the story ends?
Let's play connect the dots, if AMZN is the Nasdaq (11.6% based on market cap weight) and the stock is entering the danger zone with the Nasdaq sitting on a potential double top neckline...and TLSA (2.2% based on market cap weight) went -5% post-positive earnings announcements... and AAPL (12.2% based on market cap weight) is trading at 12x standard deviation from trend line with earnings due 1 day after AMZN...and stock prices have been apparently driven up by Robin Hooders using their Covid-19 unemployment checks... are you sure you want to stick around to see how the story ends?
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.