AMZN finally paid off last week after being painful most of the year and may continue higher, though filling the void requires it to get above and stay above 262.80; if long, use a 252 stop and avoid overtrading rather than expecting a blockbuster move.
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Finally, Amazon paid us last week a little bit after really being a pain in the butt for most of the year.
I know Amazon finally paid some guys last week. Wasn't the easiest trade. This candle right here kind of hurt. I made some decent money in these three days and then I got out of the way with my stock and I kept the options. you know, took out 260.
Not a blockbuster trade, but it was something to do. We have to have some things to do. Uh, and now maybe it continues to the upside. I would say if you want to frame this trade, if you're long it, then you know what?
Probably better off just not overtrading and give yourself a stop here at just say 252. Don't overdo it. The the way people are making money right now is not by hyper trading. It's by giving things a little bit more room or less size.
So, if you want to be long Amazon, you know, for this week and you want to maybe be off the desk, put your stop right here and let it work out. If you think it's going to go higher and fill this void, well, then it's got to get above and stay above um this high here, which is 26280. That's 26280.
What this channel has said about $AMZN
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