Amazon Price Prediction | AMZN Earning Beat But the Stock Isn't

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  • Опубликовано: 1 июн 2024
  • Amazon reported better-than-expected earnings, but the stock price surprisingly fell after the announcement. This counterintuitive market reaction highlights why relying solely on fundamental analysis can be risky for investors. Technical analysis provides an objective lens to identify price trends and potential reversal points.
    In this video, I break down Amazon's stock chart using key technical indicators like candlestick patterns, support/resistance levels, moving averages, and momentum oscillators. By applying these tools to Amazon's price action across multiple timeframes, I'll demonstrate how technical traders could have anticipated the stock's pullback despite the solid earnings beat.
    My analysis will illustrate where Amazon's share price could be heading next based on the current chart setup. Whether you're a trader looking for tactical entry/exit signals or an investor trying to time your purchases, this technical breakdown aims to help you make more informed, data-driven decisions. Don't let another stock catch you by surprise - learn to read the charts and understand what the price action is signaling.
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Комментарии • 1

  • @no1no1655
    @no1no1655 Месяц назад

    And I'm WITH this admin getting re-elected. Your fat pockets mean nothing if leaders are wiping their ass with the Constitution.