September 15, 2017
AMZN Amazon.com and MACD Signals
Picture worth a thousand words, see the analysis on the chart.
Thinking Process
We see MACD gives a divergence, price forms higher high and MACD signal form lower high, this is quite similar to Google stock. Now, to trade the signal, we need to wait for confirmation. See the price action breakout below the trendline, confirm the reversal. But remember all setup may fail, so be ready to take what’s on the table for you and return again. Take a trade when the price goes one tick below the bar breakout below the trendline.
But, when you see a bar close above the last low bar. Be aware the trend might be changing. So, the safe way is the take profit before the money in your pocket gets disappear.
September 14, 2017 Amazon.com and MACD Signals
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.