TradingView
RJHH
Sep 26, 2018 2:46 AM

Clear buy for AMZN. 2050 soon. Long

Amazon.com, Inc.NASDAQ

Description

Lets look at the buying indicators shall we?

1) Lagging line crosses cloud - Strong signal
2) Price action crosses cloud and validates more than 5 candles - Strong signal
3) Cloud turned green - Ok Signal
4) 9Day MA is now bullish - Ok Signal

Lets look at the negatives
1) only one of the moving averages is bullish - Ok Signal
2) RSI is high (but not a clear overbought scenario) - Ok Signal
More