AMZN today bounced again hard off the 50SMA and the bottom of the channel.
$135.04 key level for
AMZN
As long as it holds that, it's on track to hit 147.69 and 152-156 (channel top) next.
Regardless of SPY/QQQ pullback recently - this has had relative strength and while some like AAPL are losing their status - GOOGL & AMZN have alot of catchup to do.
Originally I went long on this at $100 targeting 135 because of all the put writes. Once we built a base at 135 now continued upside with October and November flow seems likely
The stop loss on this trade is easy - would be a couple of closes under 127.
$135.04 key level for
AMZNAs long as it holds that, it's on track to hit 147.69 and 152-156 (channel top) next.
Regardless of SPY/QQQ pullback recently - this has had relative strength and while some like AAPL are losing their status - GOOGL & AMZN have alot of catchup to do.
Originally I went long on this at $100 targeting 135 because of all the put writes. Once we built a base at 135 now continued upside with October and November flow seems likely
The stop loss on this trade is easy - would be a couple of closes under 127.
Trade chiuso: obiettivo raggiunto
Target was met - close enoughlive update given via twitter at the top x.com/jovanroche/status/1702073184088957244?s=20
Trade chiuso: obiettivo raggiunto
Full target has been met
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.