Watching AMZN break of 139.64 for continuation

By kingdips
Updated
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:

snapshot
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:
snapshot
Waiting for 139.35 break for impulsive move down.
Needs SPY QQQ to motivate the move.
Trade closed: target reached
boom:

snapshot

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

snapshot
Trade closed: target reached
Boom. Both targets hit. snapshot
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.
AMZNPennantputsSupply and DemandSupport and Resistancetradeplanwatching
kingdips
🔥 Trade with me & learn: discord.gg/buythedip

FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.

Related publications

Disclaimer