Technical analysis by lubosi about Symbol AMZNX: Buy recommendation (19 hour ago)

lubosi
Buy This Stock Using "The 13 EMA System"

I dont want to be selfish because i want to share with you as i am thinking or finding good trades So look at this chart you will see that the price is above the 13 EMA or worst case would be the candle should be at least touching the moving average. Then you look down you will see the Stochastic The k% has crossed above the %d Thats your reversal signal Also notice that the two lines below are both in the same RSI channel this is very important to remember as well Then finally even though am not able to show it the price is following an upward trend line. This is called price action you need to learn more about how to draw trend lines. Rocket boost this content to learn more. Disclaimer: Trading is risky please use a simulation trading account before you trade with real money