Amazon going forward is in Bear Market. Let see how it plays out. Long Term 200 EMA should be a big overhead resistance....
Trade active
We are at a critical level. Testing the neckline. Should break soon!!! Once it breaks next bounce support is $1349-$1370 (left shoulder low on Apr 4th)Trade closed: target reached
Hit my bounce Target. Sold my puts Jan 18th $1350. Amazon should Bounce next week so bought a Call Jan 25th $1480. It will Come back and test the neckline at Around $1500-1525. I would sell my calls and buy Puts @1180 April or May and hold it for a while. January will be a BIG RED MONTHTrade active
Sold Calls on Amazon of the bounce. Started going short. If it tries to go higher I will add to my shortsTrade active
Added to my shorts. Overshot my target. I believe its topped out. Running out of steam. Target $935
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.