SIA Charts Daily Stock Report (siacharts.com)
The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.
Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).
AMAZON.COM INC (AMZN) NASDAQ - Jan 08, 2013 - FAVOURED
GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone
AMAZON.COM INC (AMZN) NASDAQ - Jan 08, 2013 -
Back in September 7, 2013 - With the U.S. Equities markets breaking out to new highs for the year, Amazon.com (AMZN) moved on to new highs, which according to SIA, was favoured since April 30, 2012. As of September 7, the next target resistance level was at $275.25, with support at $234.92 and again at $204.51.
Update
As of yesterday, January 7, 2013, Amazon (AMZN) has recovered from its recent pull-back while still in the Favored zone of the SIA/S&P 100 Report and has now moved onto new highs. The first test for Amazon could come around the $300 range at $303.90. To the downside, support can be found above $244.41 and $217.03. AMZN has a perfect SMAX score of 10.
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