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underline8
Feb 28, 2019 4:42 PM

AMZN could make a short term push to the 200 MA Long

Amazon.com, Inc.NASDAQ

Description

AMZN coiled up quite a bit over the past few months and looks poised to make a move. Could really go either way, but I'm leaning slightly for a short term breakout to at least the 200 MA.

Trade closed: stop reached

Failed to stay above the VWAP again, and also failed to reclaim it. Don't like the chop. Stopped out.

Trade active

Ended up getting back in this morning when it gapped up. Not the ideal entry and got chopped around a bit as it whipped back and forth above and below the VWAP. Sold a twice, leaving the rest for a potential run to the 200 MA.

Trade closed manually

Reached the target and more. Unfortunately I never left the runners so didn't capitalize on the run beyond the target, but hey, profit is profit.
Comments
underline8
Frustrating to watch, chopped out of my position as it failed to hold the VWAP.
judejames
same here grabbed some bullish delta on it
judejames
@judejames, wow made a killing...still holding some...
underline8
@judejames, Nice work. I'm not holding much anymore, chickened out from a potential market pullback.
judejames
@kashtrades, np as long as u are green...
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