BITCOIN: BTCUSD Each of the declines in this run up has been 90 - 100 points. This one is too. So long as it now continues to hold 2248 Bitcoin remains positive. Stops for longs should be moved to around 2242
We are long on the Amazon.
Targeting the near term resistance on the AMZN, at the 963 area.
AMZN in the near term is technically positive. We recommend an opportunistic buy with an entry below 944.76 with a primary target at 963.23.
BITCOIN: BTCUSD The bulls are back in control of this stock today whilst it holds above the upper parallel. This little consolidation is likely a continuation pattern pointing to the upside - that continues to be the case whilst it holds up above that parallel.
get our book on amazon to play fib retraces after runs chaikin money flow good-adx beginning to trend at 21-could run close to last time stoc crossed- relative strength good-stop loss top of cloud-always diversify
above 50 and cloud-cci and percent r going to upper band see why it is important in our book on amazon-stop loss bottom of cloud-price volume and money flow good-stoc and mad crossing-relative strength good
green bar after doji cci and percent r in top range get our book on amazon for reason why money flow and relative strength strong stoc crossed macd about to cross strong good volume strong group wait for good opening bar to enter
tight base and bollinger bands
coming out of cloud watch closely on daily
get our chapter in our book about clouds
tight narrow base
percent r good
macd about to cross
group strong and percent r topet
our book on amazon about clouds
if stock closes above 200 day and cloud watch
get our book on amazon on when to pull the trigger
percent r good
candle is odd do watch into close
stock has history of running and pulling back on daily
good narrow base