April 18, 2019
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We interpreting the markets emotion, price action using patterns and indicators. Hope this make sense to you. Have fun!
AMZN Amazon.com Inc Stock Charting
Study Amazon.com Inc Stock chart and MACD.
See chart, picture worth a thousand words.
After 2000 dollars, price action have a three drive down, and test the low almost 1300 dollars. This only take less than three months from October last year to bring the price action to the low.
See chart, the price action takes more than six months to bring the stock price from 1300 dollars to the high at 2000 dollars. To ensure is real, the price action test the 2000 dollars again.
See chart MACD has a positive divergence, price action response to the signal and retrace up. Will the price action retest 2,000 dollars again? Will see.
Trade with your eyes open.
Moses Stock Observation
Moses Stock Analysis
AmiBrokerAcademy.com
Disclaimer
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.