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.
Dagangan ditutup: sasaran tercapai
Target was met - close enoughlive update given via twitter at the top x.com/jovanroche/status/1702073184088957244?s=20
Dagangan ditutup: sasaran tercapai
Full target has been met
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.