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Thanks. We will see what happens. So I was just Googling AMZN stock price to see what it was today and this was the latest Headline on AMZN. Great minds think alike..... https://www.google.com/amp/www.profitconfidential.com/stock/amazon-com-inc-will-determine-amzn-stocks-next-move/amp/

So far this paper trade would have made money. This has so far dropped from my proposed entry price of $56.28 to $52.34 or 7% lower in a week. This is looking like it will accelerate soon too....

OH Boy,....I think we could be in for a very EXPLOSIVE day tomorrow in AMZN. This will be a longer post and for those that think TA is BS, move along. This is MY thread and MY assessment of the CURRENT situation in AMZN. Since I started this thread I will follow this move in AMZN to its...

Breaking down.....WMT has a similar looking chart. Moved stop to $762.53 with a SHORT position if that number is hit. That gives me a tiny gain on my trade and a new SHORT position to capitalize on what I think is about to be an EXPLOSIVE move here. I do not usually update or revealing much of...

This is looking a bit worse by the hour....moving stops up a bit more. We may see an explosive move to the DOWNSIDE soon.....will tighten stops to almost entry price.

Oooohhhh,.....getting a little nervous here......looks like AMZN is coiling up like a spring. Getting ready to explode in one direction or another. Staying long here but moving my stops up JUST IN CASE I am wrong on direction.

I have absolutely ZERO idea what the company makes or does or any financials. This is purely a TA paper trade. If you say the fundamentals support my short,...GREAT. As I was saying above I generally do not trade against the overwhelming market trend but IF I were to do so THIS is a PERFECT...

Thanks.

I was thinking you got CRUSHED today.... Glad to see you did not short it. Up 15% today. As I said the strong move was to short at higher price. Now the trade is done

Did you short this???

It's not all about indicators although I do use them in trading. https://www.elitetrader.com/et/posts/4379080/

This is exactly what I am working on. When I take it all off frequently I leave a lot of money on the table. Frequently, when I take 1/2 off I still leave a significant amount of money on the table. I always heed the saying "no one ever went broke booking a profit"....but no one ever got rich...

Glad you kept risk low. The chart was just too strong looking. I know you like fundamentals but check out the chart. It has been strong for a while. Whatever the fundamentals say or at least how people interpret the fundamentals both known and unknown information will always be reflected in the...

$22.50 hit in the after hours,.... what to do? Take profits or let it ride? THIS to me is the hardest part of trading,..... I think I will let her ride for now until I see weakness in price action. Raising stops to preserve some profit.

I hope you covered,...

BAM!!! Almost there.... Who says TA does not work??

As I suspected I got another buy signal today just about at the exact price I quoted. But I held off for a better trade I saw taking shape in another stock.

The OP shorted at 19730. So far it's a losing trade, but only by 1%. Although I am a long term BULL here it's not unreasonable to expect a pullback as we approach USD parity with Euro, Dow 20k, a screaming market for the last 6 weeks, gold and bonds dropping precipitously,.... I don't know about...

I try to trade with the market or at the least the sector. I take volatility in mind for stops and sometimes if a stock is too volatile in price movement I will not trade it but ultimately we want volatility to make money, so some amount of volatility is ideal.

I am sorry if it struck a nerve with your name in the title. I don't mean anything by it. Just trying to get your attention. If I could I would go back and change the name....my apologies for that. As far as the fall on June 27. Yes you are correct that it fell. My Weekly EMA 39 rule for you is...