Amazon.comLong
Clear buy for AMZN. 2050 soon.
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
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
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