Behind the video
🚨 XRP AMAZON ‼️ I AM BUYING AS MUCH AS I CAN! (Best Stocks To Buy Now)
The thesis, the calls, and the words behind them. Play a quote to hear it in the original video.
Overall SentimentBullishStrength: 75%
Overall Thesis
The creator is bullish on XRP and Amazon as buying opportunities, particularly Amazon in the $220-230 zone after its recent pullback from a 25% rally.
Narratives
XRPXRPStock Moe sees XRP setting up for a short-term rebound off a double bottom on the weekly chart near the 5 EMA, targeting around $1.03 within the next one to three weeks. He plans to swing trade this bounce despite the daily chart still looking weak.
Key Arguments
- Weekly candle shows a double 'missing the 5 EMA' setup that historically rebounds
- Daily chart shows a hammer candle forming near the 5/50 zone
- Bearish volume appears to be drying up while bulls start stepping in
Risks acknowledged
- The weekend selloff was brutal and the daily chart still looks scary
Predictions (1)
BullTarget: $1.03next week, possibly two to three weeks
pendingDetails
"Basically what I think we're going to go is get between 1025 to 1035 in the next week, possibly two weeks to three weeks."
AMZNAmazonStock Moe views Amazon's recent 8% pullback from its highs as a buying opportunity, expecting price to dip into a Fibonacci-based accumulation zone before bouncing. He also wants to build a large long-term position in the stock by year end.
Key Arguments
- Stock ran up 25% in a few days then pulled back 8%, which he sees as normal profit-taking
- Reports that big institutions have been buying Amazon
- Fibonacci retracement points to a 249-256 accumulation zone
- RSI near 50 still looks bullish to him as the pullback plays out
Risks acknowledged
- Stock got 'way overbought' after the pop and could keep falling if support breaks
Predictions (2)
Bullby the end of this year
Not scoredDetails
"Amazon is one of them stocks on my watch list... that I'm looking to get to a five to six digit accumulation of by the end of this year, hopefully by the end of this year."
BullTarget: $252.50
pendingDetails
"I would believe 256 will get hit eventually... 256 down to that 249. Great zone."
Hedges & Caveats
- Creator acknowledges current market bloodbath with major indices down significantly
- Notes that Amazon's recent 8% pullback follows a 25% run-up, suggesting profit-taking by institutions
- Mentions volume analysis showing bears selling more aggressively
- References need for Fibonacci retracement analysis before entry
- Video contains affiliate links and promotional codes for trading platforms and paid memberships
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