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 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 Amazon.com Inc. (AMZN).
I hope you are having a GREAT week !!!
This week AMZN looks like a great chart to take a look at.
MarketClub put in a weekly and monthly red Trade Triangle, as AMZN was breaking out to the down side of a sideways channel. Continue reading "Chart to Watch - AMZN"
From time to time we here at INO.com come across someone in the industry that grabs our attention. Recently we saw a post from Guy Cohen about a trade and how he had called the breakout for sometime in advance. How he caught the breakout was intriguing and we asked him to share a bit about the trade with traders blog readers.
Guy Cohen is a bestselling author of several trading books, and the creator of the OVI Index, Private Traders Club, and Flag-Trader. His clients include NYSE Euronext, The International Securities Exchange (ISE) and FT Prentice Hall.
Guy is also holding a special webinar for Traders Blog readers tomorrow Thursday 9/22, for more information click here.
Read below how a small band of traders had THREE weeks advance notice of AMZN’s potential breakout … and how they cashed in! Continue reading "How an Exclusive Group of Private Traders Profited from Amazing AMZN!"