26 December 2019

Open Above 1M 5M EMAs

Amazon.com – Amazon said the holiday shopping season broke all prior records, with “billions” of items ordered worldwide and “tens of millions” Amazon devices purchased.

When Amazon reports good news – the whole market goes up.


Amazon stock has its best day since January after the company boasts of ‘record’ holiday shopping

26 December, 2019 AAPL – Premarket
26 December, 2019 – E Mini S&P Futures /ESH20 At 9:30 AM
26 December, 2019 AAPL – 1st Hour
26 December, 2019 AAPL – 1 Minute
26 December, 2019 AAPL – 5 Minute

24 December 2019

Open Below 1M Above 5M EMAs
  • Clear premarket resistance.
AAPL 24 December 2019. Premarket Chart
24 December, 2019 – E Mini S&P Futures /ESH20 At 9:30 AM
AAPL 24 December 2019. 1st Hour

In the transition from pre-market the price drops below the 1M EMA, which is where the stock opens.

AAPL 24 December 2019. 5M Chart.
AAPL 24 December 2019. 1D Chart
The S&P Futures were barely up .75 points on 24th December 2019