kingdips

Watching AMZN break of 139.64 for continuation

kingdips Updated   
NASDAQ:AMZN   Amazon.com
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.
Trade active:
OKAY so far:
Waiting for 139.35 break for impulsive move down.
Needs SPY QQQ to motivate the move.
Trade closed: target reached:
boom:


Took +20%. Fire trade. Follow for more.
Comment:
Looks like still continuing. Great move.

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.
Comment:
Near perfect alert. Continued to sub 136.

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