28 October, 2018
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Think think got more things. Just Friday October 26 alone, Amazon was drive near 8 percent, or the exact number is 7.8 percent. See chart for more. And imagine the dive does not stop, the stock price return to the level of 1,500 dollars will take less time then six months to push the price up from 1,500 to 2,000. Trade with your eyes open. Manage your risk.
Read more on last Friday, market emotion. Dow dives nearly 300 points, S&P 500 dips into correction levels in another wild day on Wall Street
AMZN Amazon.com Inc Daily Charting
Buy Support Sell Resistance
Buy Low Sell High
Study chart of Amazon.com Inc Daily stock chart. Price action follows H M Gartley from the high above 2000 dollars. Now the pattern is in its CD leg. Then ABCD pattern may bring the share price back to 1,500 dollars region.
Can you see the power of H M Gartley? Just follow the simple ABCD pattern, the price action goes from the high to the low. But, trade with your eyes open.
Think think got more things.
Manage your risk.
October 26, 2018 Amazon.com Inc and H M Gartley
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US Stock Chart Analysis
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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.