Tag "amzn"

Tech Earnings Chart Review: AMZN, GOOGL, MSFT, FSLR, BIDU

Large cap tech stocks and the tech sector as a whole are receiving a boost from big earnings reports last night and the morning. Earnings reports from Amazon (NASDAQ:AMZN), Microsoft (NASDAQ;MSFT), Google (NASDAQ:GOOGL), First Solar (NASDAQ:FSLR) and more have boosted the Nasdaq this morning. One notable dud this morning is…

Amazon (AMZN) Bulls Stung By Nasty Bearish Reversal

To be clear, Amazon (NASDAQ:AMZN) has been a top stock for several years.  It’s in a bull market uptrend and that remains in tact. BUT, caution is advised over the near to intermediate term after a nasty bearish price reversal last month (and into last week). This reversal was one…

Amazon Stock Chart Update: AMZN Defying Gravity

Well, Amazon (NASDAQ:AMZN) did hit my target price zone and fall back… but it certainly did NOT continue lower. Here’s my last update. Instead, Amazon’s stock price reversed higher and zoomed to new all-time highs. So, it’s all probability folks. And, quite frankly, I love Amazon (AMZN). What an amazing company…

Amazon (AMZN) & Alphabet (GOOG): Stock Market Leaders Getting Tested

Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG) – 2 important generals of the market rally – are undergoing similar tests of their uptrends. Over the past week, we’ve seen the stock market (and stock market leaders) tested moreso than any other point since the post-election rally kicked off. Some of the recent…

Shares Of Amazon (AMZN) May Be Headed Lower Soon

In August of 2016, shares of Amazon (NASDAQ:AMZN) were zooming higher. Investors were feeling giddy and it was apparent that I needed to do some chart pattern analysis for traders So on August 8th I wrote a post about Amazon’s rally prospects. And more importantly, I highlighted some price targets for…

Amazon Stock Price Reversal May Spell Trouble For Investors

The reaction to Amazon’s earnings release was not good.  The stock is currently trading down about 5 percent (at $776 mid-day Friday) and nearly 8 percent off its recent all-time highs. From a longer-term investing perspective, this move looks to be healthy and in-line with Amazon’s (AMZN) long term uptrend (higher highs…

Amazon Third Quarter Earnings (AMZN): Key Takeaways

Amazon (NASDAQ:AMZN) reported Q3 earnings after the bell by missing EPS estimates and posting in-line revenue figures. Here’s a quick look at how I break down the Amazon third quarter earnings miss. Removing valaution from the equation, this was actually another spectacular quarter for this massive commerce company. Below are…

Are Shares Of Amazon (NASDAQ:AMZN) Nearing A Top?

It’s been a while since I discussed Amazon on See It Market. In fact, it was November 2015 and in that post I highlighted some overhead price targets for Amazon (NASDAQ:AMZN) from which a correction may occur. Get a quote & chart AMZN here. Those targets were hit and the ensuing price action…

Is Amazon’s Stock Primed For Major Breakout?

Shares of Amazon (AMZN) weren’t looking so good just one month into 2016. In fact, AMZN was trading off its 2015 highs by over 30 percent at one point in February of this year. Yep, Amazon stock price closed at $482 on February 9th. But since that early February stock bottom, Amazon…