AMZN LONG

Dec 26, 2022

Yes, the knife is falling and I am trying to catch it so don't try this at home. Started a position at $83.90. I'll double the position if/when it hits that lower trend line in the area I circled around $70 or so. If that line holds I'll be looking for at least a 2 legged pullback to $110-120 and at most a run up to $145. Under $65 and I'm taking the loss.

Aug 12, 2023

Trade active

Never got to the lower target so I wound up doubling my position at $102.00. Looking for a Monthly close above $143.10. If that happens my minimum target will be between $164-169. Monthly or consecutive Weekly closes below $143.10 and I'll start to sell.