{"id":23138,"date":"2013-11-01T09:36:15","date_gmt":"2013-11-01T13:36:15","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=23138"},"modified":"2013-11-01T09:38:15","modified_gmt":"2013-11-01T13:38:15","slug":"chart-to-watch-amazon","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2013\/11\/chart-to-watch-amazon\/","title":{"rendered":"Chart to Watch - Amazon"},"content":{"rendered":"<p>We've asked our friend Jim Robinson of <a href=\"http:\/\/broadcast.ino.com\/redirect\/?linkid=1956\" target=\"_blank\">profittrading.com<\/a> to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.<\/p>\n<p>Today he is going to take a look at the technical picture of the <span>Amazon<\/span> (<a href=\" http:\/\/club.ino.com\/trend\/?s=NASDAQ_AMZN&amp;mkt=tradersblogsymbols\" target=\"_blank\"><strong>NASDAQ:AMZN<\/strong><\/a>).<\/p>\n<p>I hope you are having a GREAT week !<\/p>\n<p style=\"text-align: center;\"><a href=\" http:\/\/club.ino.com\/trend\/?s=NASDAQ_AMZN&amp;mkt=tradersblogsymbols\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"\" src=\"\/img\/sites\/ino\/email\/5366.jpg\" width=\"478\" height=\"473\" \/><\/a><\/p>\n<p>With the MarketClub system for stocks, you use the monthly Trade Triangle to tell the trend, and the weekly Trade Triangle to time the entry points and stops.<!--more--><\/p>\n<p>MarketClub put in a green monthly Trade Triangle for Amazon (NASDAQ:AMZN) on 06\/07\/13, which tells us the major trend is up.<\/p>\n<p>MarketClub then put in a weekly red Trade Triangle for Amazon (NASDAQ:AMZN) on 08\/08\/13, which ended up being a counter trend correction, because the monthly Trade Triangle stayed green.<\/p>\n<p>MarketClub went back on a green weekly Trade Triangle on 09\/09\/13, which was a buy signal with the Market Club system.<\/p>\n<p>Amazon (<strong><a href=\"http:\/\/club.ino.com\/trend\/?s=NASDAQ_AMZN&amp;mkt=tradersblogsymbols\" target=\"_blank\">NASDAQ:AMZN<\/a><\/strong>) has made a strong move up since, which means the odds are with higher prices from here.<\/p>\n<p>As long as the monthly Trade Triangle stays green, I would consider all weekly red Trade Triangles counter trend corrections with the MarketClub system, and then all new weekly green Trade Triangle's would be buy signals to go long.<\/p>\n<p>Amazon (NASDAQ:AMZN) is a big stock, that looks to have big things in store, making it an excellent Chart to Watch right now !<\/p>\n<p>Thanks,<br \/>\nJim Robinson<br \/>\n<a href=\"http:\/\/broadcast.ino.com\/redirect\/?linkid=1956\" target=\"_blank\">Profit Trading.com<\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience. Today he is going to take a look at the technical picture of the Amazon (NASDAQ:AMZN). I hope you are having a [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5690,4393,5850,7948,2559,2975,4382,2976,566],"class_list":["post-23138","post","type-post","status-publish","format-standard","hentry","category-general","tag-amazonnasdaqamzn","tag-chart-to-watch","tag-counter-trends","tag-guest-bloggers","tag-jim-robinson","tag-marketclub-techniques","tag-profittrading-com","tag-tips-talk","tag-trade-triangles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chart to Watch - Amazon - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2013\/11\/chart-to-watch-amazon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart to Watch - Amazon - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"We&#039;ve asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. 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