How can you even claim that technicals matter?

Discussion in 'Technical Analysis' started by farmerjohn1324, Jan 30, 2020.

  1. lovethetrade

    lovethetrade Guest

    Only problem for me with AMZN is technically it looks like it should be < 1600 even though it bounced near that price in March.

    I'm actually a keen buyer at 1400 for a 60-80% ROI.
     
    Last edited by a moderator: Apr 2, 2020
    #421     Apr 2, 2020
    murray t turtle likes this.
  2. corona makes the market move but TA and price action can tell where it probably stop for a while, reject maybe, will fule the move and so on. watch key factors of TA and Bookmap for price action and you will that even corona need to answer to something.
     
    #422     Apr 5, 2020
  3. Can you give some recent examples? Preferably ones that you profitably traded from?
     
    #423     Apr 5, 2020
    cornerstone likes this.
  4. %%
    Tech ETFS tend to be s strong /1st quarter/last quarter, I tend to buy them. Havent charted AMZN lately...…………………………………………………………………………………………………………………...
     
    #424     Apr 6, 2020
  5. $IFMK on 03/19/20, grocery store stock that gaped because of the rush to buy products as to covid-19 panic. enter short on 2.3 1st trade and on 2.55 at 2nd.
    can show you my tradervue chart
     
    #425     Apr 9, 2020
  6. u couldnt predict the why but the where yes, MACD gave a sell signal at the very top on daily chart, and in just about every top it did
     
    #426     Apr 9, 2020