Two of the most profitable investment of the past 2 decades are Amazon and Netflix, with mind blowing 229K % and 59K % gain..!
These two companies have a significant positive correlation :(last 2 trading year 500 candles):
Why this correlation could be important?
NFLX breaking above its consolidation area 2 weeks ago:
It would be highly likely AMZN follow the same price pattern because of the mentioned positive correlation!
My last AMZN analysis:
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
These two companies have a significant positive correlation :(last 2 trading year 500 candles):
Why this correlation could be important?
NFLX breaking above its consolidation area 2 weeks ago:
It would be highly likely AMZN follow the same price pattern because of the mentioned positive correlation!
My last AMZN analysis:
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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Penafian
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.