AMZN Amazon.com Inc and 50% Fibonacci Retracement | AmiBrokerAcademy.com

February 20, 2018

 

When we study GOOG, Aphabet Inc (aka Google Inc) we will also study Amazon.com. See the illustration for more.

Last week we were expecting a rally in US stocks market. From Fibonacci numbers it came a very nice retracement number.

US Stock Analysis

 

AMZN Amazon.com Inc and 50% Fibonacci Retracement

See chart for more, swing low from November Low, the price action retrace down to 50%. Amazon rebounce last week to near the high again. What will happen this week? Will see.

This is a difficult time, can be difficult to trade at time. Besides that with some of the countries are enjoying long holiday, many of the traders are out of town.

Manage your risk!

 

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. 

February 16, 2018 Amazon.com and Fibo Retracement

 

Amazon.com Inc and MACD

See chart for more, see MACD signals.

Manage your risk.

February 16, 2018 Amazon.com and MACD Signals

 

 

Moses

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.