Stock Market Mentor on $AMZN (Nov 10, 2026)

But I'm really looking at Amazon because we had a good trade on this. I got in on this on the rebound like on this oversold bounce. Let's hop in. Was at 237 down here. Stock runs up.

Uh time to book some profits here and then ultimately we get out of the rest of the position here. So this turned out to be a pretty good trade, but this is a really good uh example.

I'm not taking my eye off the ball here. I'm not tempted to buy it here. That's I made a good good amount of money. But the fact that the stock has not pulled back, but instead it's holding here, that tells me that there's still there's still some gas in the tank. And so I want to be watching this.

I need to see volume pick up here. Uh yesterday's volume, you know, was a down day relative to the open. Certainly off the high. Um, today's volume was back below the average volume.

So, this was not convincing at all, but this chart is good enough and I obviously it's Amazon. Um, so we know the company, but this chart is good enough to where you want to watch this every day.

Uh, I'm I'll just set an alert. I don't set it right at the top because I want to be I want to be alerted to it first, but I'll set an alert there. Then I'll set an alert um down here just a little bit below above uh 255.

And so now that I've got this alert here and this alert there, you know what? I never have to look at Amazon until one of those alerts gets hit. So this stock is serious, guys.

This stock is absolutely dead to me until one of those alerts tells me it's woken up from the dead.

And so if it pulls back here, hey, maybe this is a buy at the 50. Maybe not. But on the other hand, if the upside alert is hit, hey, maybe it's a buy here and we get another leg higher.

But until this happens, you know, life's good. I don't have to be watching this stock any uh at all, you know.