Watching AMZN break of 139.64 for continuation

Sep 18, 2023

The headline chart is a 15 min chart, but it's easier to see what's really happening on the 5 min chart where it broke a wedge downwards and remains to reject entry back into the trend:


I'll be watching for breakdown entry under 139.64 only if it retests it and confirms resistance. I would be looking for 138ish.

Already played AMD for +20% today. Continued to +50% on strength.

Welcome to follow for more insights.

Of course, this move is cancelled if it breaks 139.98 and becomes support. Thanks for reading.

Sep 18, 2023

Trade active

OKAY so far:

Waiting for 139.35 break for impulsive move down.
Needs SPY QQQ to motivate the move.

Sep 18, 2023

Trade closed: target reached

boom:



Took +20%. Fire trade. Follow for more.

Sep 18, 2023

Note

Looks like still continuing. Great move.

Sep 19, 2023

Trade closed: target reached

Boom. Both targets hit.
Good play. Next!
Stay tuned for more. Welcome to comment or message me to let me know you're benefiting.

Sep 20, 2023

Note

Near perfect alert. Continued to sub 136.