Jonas99

Jonas99

COUP earnings likely good and most of them have priced in with the caveat that it has an 11% Short Interest; so the stock could be squeezed to generate a high than the expected move of 25. Previous earnings reactions have been mixed; the stock also has a very short reporting history (New IPO of 2019).

Jonas99 Updated 

A butterfly centered around 240, 15 wide would be ideal as strong support is at 224 for VWAP and 230 for .681 fib. Hull is still up and green and symmetry say higher. OKTA 230 closed, gap higher to 240?

Jonas99

Signs are 1. Two previous GAPS may be retested; 2. The last huge squeeze failed to move the stock much higher (170 points); 3. Tweezer Top (TM nearby); 4. the stock has shown a lack of energy in the recent market rally; 5. Its cloud business is possibly seeing margin pressure from MSFT and GOOGL (its major profit center). Having said that, its retail business is...

Jonas99

We all agreed that AMZN will break out soon, most aim bullish direction based on its increasingly benefiting monopoly position and overall increased market multiples for tech. Its ST technical though is somewhat bearish with some tweeze top candle (TT on the chart) nearby. So pull back before sprint upward? The second note is that APPL, FB, and MSFT all display...

Jonas99

The last time AMZN ran, it was up 450 points in 12 days in Aug. It has a longer triangle this time but a weaker RSI. Amazon as a monopoly is experiencing its best time. Is there always a Dec run out of seasonality? Gun to my head, I would be long for the inevitable breakout. 3500 is a reasonable target. Could the weakness be related to its cloud business losing...

Jonas99

waiting for the squeeze to fire and looking for clues for direction. Most favored breakout for long.

Jonas99

AMZN has been trading between 3150 to 3250 for weeks, a tight ATR range for the stock. Squeeze quietly with reduced MACD / RSI momentum, most believe it will fire long to 3300 or 3400 then 3500 within 6 weeks. Your thoughts?

Jonas99 Updated 

SNOW is a new IPO and thinly traded therefore highly volatile. The run up into earnings created a favorable price for a short setup. A put butterfly centered around 280, 15 wide may work out as a good earnings play.

Jonas99

215 IC on DG worked for reasons of 1. boring stocks (less volatile), 2. No high short interests to squeeze for; 3. it has a choppy pattern, instead of a clear trend, and momentum indicators of MACD etc are neutral.

Jonas99

The only hint looking back is that main support at 169, MACD negative, 1st retracement 0.382 is at 175 and squeeze is about to fire.

Jonas99

The max pain of the stock is at 215. Iron condor? The original chat is not mine.

Jonas99

The chart is bullish like all discount retailers but it's priced in after the recent run. A small retracement to 0.382 would result in a 142 level, hence the fly centered around 145. The cost is 1.9. #FIVE

Jonas99

Newbie TA documenting the learning curve. #AMZN1 Also looking for help on how to program previous charts as dots on my own chart. I have seen some people doing it.