I believe AMZN will climb higher over the next couple of weeks and reach an all-time high. A strong one white soldier pattern formed in the upper part of a channel. Based on behaviour 6 months ago, I think the same thing might happen again.
Enter with a close at $56 resistance, stop above the high at $57 and lock in profits at $52 support. R=500, $1.26 stop gap, 198 shares, 12-day trade.
Then buy low, sell high :)
DAL has been heading up, and I think it might go farther. If it looks like a bounce is due on the latest resistance-turned-support then I'll buy around $56, stop at $55 and sell at $58. I only expect the trade to take 3-4 days.
On the flip side, a short position could work in the opposite scenario.
Starbucks has been trending sideways bouncing off various support and resistance levels. I think it's a good time to buy at $58, place stop at $57 and sell at $60 for a 1:2 R:R. Trade duration: 10 days.