Categories
Tech

$AMZN : Amazon forming a doji?

It seems like $AMZN is forming a doji.

On the Ichimoku chart, $AMZN is trading above the kumo with a fairly strong Tenkan sen.

It is likely to find support at around $239 and $231.

It needs to break the kumo support at around $225 to $220 for a short.

Categories
Publishing Tech

$AOL . Bearish setup forming

This is a short that is worth looking into.

Unlike the market index like $SPX or /ES, AOL chart has show :

1. The price has not went up further. And it is now below the Tenkan sen

2. The Tenkan sen is turning down (whereas /ES is still exhibiting parabolic movement)

3. The gap between Tenkan sen and Kijun sen is narrowing. This suggest a possibility that a Bearish cross may be forming.

4. Gap support is around $17.17

5. The kumo support is thin towards the first week of March period.

Given the support below and a possible price target of $15 and $12, I will be looking for a SHORT CALL SPREAD.

Categories
Publishing

AOL Inc. (AOL) : Thinking Out Loud

– Will be listed today
– zero debt
– current CEO is ex-GOOG, in charge of ads (how much will that change in terms of strategy?)

Revenue Source
– dial-up subscribers,
– ads revenue
– content licensing

Competitors
– YHOO, GOOG, MSFT etc

Risk
– falling ads revenue for the possible next quarters (may report its first quarter with increased revenue due to holiday season)
– primarily a US play, how are they going to attract audience beyond the shores of US or increase its share?

Opportunity
– publishing industry going through restructuring
– opportunity to hire talents and seek new shores
– most likely will put together a plan to grow revenue from mobile devices
– possible partnership or acquisition with Garmin (mapping is an important play on many companies now, AOL also owns maps)

What else?