Home > heikin-ashi > Your pension fund $AMZN #money #amazon #equities #stocks #business

Your pension fund $AMZN #money #amazon #equities #stocks #business

May 25, 2016

Amazon ($AMZN) daily

  • (++) Blue dots: It will go higher
  • (+) Above trailing-stop (support)
  • (+) haDelta is crossing above its average at zero

 

Amazon ($AMZN) weekly

  • (!) Body-inside-body = Pause

 

Amazon ($AMZN) monthly

  • (+) Self-explanatory

 

 

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Categories: heikin-ashi Tags: , ,
  1. Ramesh Kasar
    May 25, 2016 at 6:31 pm

    how I can draw AMZN/TSLA Heikin-Ashi Relative Strength (weekly) – The support favors Amazon $AMZN as a long entry.  in think or swim platform??thanks for your best posts Ramesh Kasar

    • May 25, 2016 at 7:37 pm

      Hi Ramesh,
      Thanks for the comment. RS is usually the ratio between two time series of closing prices (AMZN, TSLA): RS=C(AMZN)/C(TSLA).
      For Heikin-Ashi, the modified close haClose is (O+H+L+C)/4. RS.HA = haClose(AMZN)/haClose(TSLA).
      I don’t see RA.HA of being of real interest since it does not incorporate haOpen.
      You may draw RS.HA if you have access to haClose for TSLA and AMZN.
      Regards/Dan/

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