Chart of the day: AMZN

September 30, 2011

Yesterday, the heikin-ashi chart indicated a consolidation.

haDelta was more precise, showing a weakness despite Amazon’s tablet announcement.

The success of heikin-ashi, as it is shaped today, is the combination between

  • heikin-ashi candles (for the right-brained traders) and
  • the quantification offered by haDelta (left-brained traders) .

It’s difficult to beat this simple approach. Heikin-ashi cannot be ignored any longer…

Chart of the day 09/30/2011 AMZN

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