March 28, 2017

Moses Stock Trading Blog Site – AmiBrokerAcademy.com

Thank you for visiting the amibrokeracademy.com blog site. No one doing analysis like what you read here.

Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com. 

AMZN Amazon.com Inc Daily Chart and 34 EMA Wave

Price crosses up 34 EMA Wave, formed Leg 1, and Leg 2. Price retest the same high. Price fail and pullback to 34 EMA Wave. Price is now supported by 34 EMA Wave.

Will the price breakout and close below 34 EMA Wave? Don’t know. Wait for another day. Or wait for Leg 2 down completed first. Will it be a pullback before trend continuation or a reversal in progress. Will see.

March 27, 2017 Amazon.com Inc and 34 EMA Wave

AMZN Amazon.com Inc and MACD Indicator

We see the MACD crosses below signal lines and touch the zeroline. Trend ending.

March 27, 2017 Amazon.com Inc and MACD Indicator

Remember, trading is not a get rich fast business like many have advertised. It needs a lot of hard work and good money and risk management.

Have fun! Happy learning.  

Moses US Stock Analysis

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.