Technical Analysis Challenge Day 4 - DMI
Putting what I learnt into practice.
PS: This is my TA observation, not financial advice.
I've been keeping an eye on the $Amazon (AMZN.US)$ stock. Now, I'm going to utilize the DMI indicator on moomoo to analyze the stock.
See images below.
PS: This is my TA observation, not financial advice.
I've been keeping an eye on the $Amazon (AMZN.US)$ stock. Now, I'm going to utilize the DMI indicator on moomoo to analyze the stock.
See images below.
**click “+ Add Indicators” at bottom to search and add indicators where needed if you can find on main page of Indicators.
Taking AMZN as an example:
PDI < MDI : stock price downtrend (marked with red arrow)
PDI > MDI : stock price uptrend (marked with green arrow)
Interesting PDI & MDI met today, I wonder this would be uptrend or downtrend next week. (marked with white arrow)
PDI > MDI : stock price uptrend (marked with green arrow)
Interesting PDI & MDI met today, I wonder this would be uptrend or downtrend next week. (marked with white arrow)
Thanks Moomoo for this intuitive and fun exercises to learn TA. I have fun doing 4 days challenge and I’ve learnt new TA ![]()
.
if you like me who liked to learn TA, I’ve found a YouTube video that will give you good intro on TA: https://youtu.be/eynxyoKgpng.
Happy investing folks![]()
![]()
if you like me who liked to learn TA, I’ve found a YouTube video that will give you good intro on TA: https://youtu.be/eynxyoKgpng.
Happy investing folks
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Meta Moo : good work