Saturday, February 9, 2019

#Amazon Review $AMZN

Amazon Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Amazon's trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.

Subscriber Comments:

Amazon, a market leader and member of FAANG, is dangerously close to triple downside alignment. While regular subscribers don't have access to Amazon yet, they will be first to know if/when the wheels fall of the Street's darling. Amazon is not only a leader for technology but also retail stocks. Triple downside alignment would be a huge warning shot across the bow "Everything is Awesome" sold to the masses. I'm not here to predict or promote. Trends don't care what I think or believe. There's only what the invisible hand is doing. Subscribers used to reading the Matrix should know that Amazon's primary trend price and volume's oscillators are 4% and 6%, respectively. And if that's not enough, Amazon's price and volume bandwidths (BW) are 32% and 29%, readings darn close to compression (COM). In other words, Amazon is figuratively standing with one foot in the grave and another on a banana peel, yet the talking heads say nothing. Don't fall asleep on this one, if Amazon collapses, it could easily spread across the market, possibly fast or a slow motion train wreck like Enron or WorldCom.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.