Ravi Bala has been contributing to financial websites such as Seeking Alpha since 2014. He likes to combine a variety of data points such as but not limited to: fundamentals, market sentiment, option activity, and chart patterns when analyzing the behavior of stocks.
Amazon is not a disruptor anymore. It is pursuing diversification strategies as a means of continued growth. Related and unrelated diversification as well as the flexibility of the resources obtained will have an impact on firm performance.
There is no right way or wrong way to value a stock. Valuation is very simple and we will use Alphabet Inc as an example. I will show you realistically that any value inputted into a model is valid as long as you have a reason.
Fibonacci Times series show a confluence for a potential buying opportunity in 2017. A 10 year cycle also commences in 2017. Just because IBM appears to have a high probability signal, it doesn't mean you bet the farm.
A break above the 50 day moving average does not necessarily indicate a buy. Have you checked the higher time frames? Looking at multiple time frames will help you get an overall picture of the stock's current actions and where the stock could be headed.