Tuesday, April 16, 2019

#Amazon Review $AMZN

Amazon Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Amazon's trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.

Subscriber Comments:

US stocks continue to rally behind leadership stocks such as Amazon (AMZN). Amazon is a grade C Trip Up (triple upside alignment) since 03/30/2019. Is this a good setup to chase (buy strength)? Disciplined traders look for Early cycle Trip Up or Down, so not really. Mid cycle alignment, however, can grow into Late cycle alignment, so be careful bears. Triple upside alignment is powerful.

Amazon Matrix

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.