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Lazyblob
Jan 24, 2024 5:54 PM

Bullish Amazon Continuation Indicators  Long

Amazon.com, Inc.NASDAQ

Description

Price has crossed 200 sma - bullish
50 sma crossed 100 sma - Bullish
Rsi - bullish
Macd shows - bullish



CCI, OBV, are moving in line with price - bullish
ROC, CMF are divergent from price but still positive and trending upwards - bullish / monitor closely - The divergence in ROC and CMF from the positive progression in other indicators could indicate a potential weakening in the strength of the current bullish trend.



Chaikin Osc moving in line with price. - bullish
Stochastic Osc showing overbought - - bearish
Trading right below the all the high volume price



DMI, +DI of 28 and ADX of 25, - Di of 15 shows a strong trend - bullish
ADL, in line with price - bullish
PVT, in line with price - bullish

Because I think this stock will continue to go up - BEARISH
Because I took the time to chart this stock - Bearish
Comments
zAngus
I hold so fingers crossed. Its underperformed in my opinion over the last 12 months but still hasn't reached its old highs so hopefully some upside to come.
Lazyblob
@zAngus also holding and fingers crossing lol
Lazyblob
Biggest indicator though - if I think it’s going up - that’s a big bearish symbol lol
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