Amazon pattern today

[Lord Darkseid]

What is the pattern called that Amazon finished at today?

 

[VEGASDESERT]

I went short at the yellow arrow below that little low from late yesterday.

What is it? Its a strong break out (consecutive trend bars closing on lows) in this case 15 minute
bars.

I didnt expect to to keep going that far but there are always surprises.

 

[Lord Darkseid]

Is there specific settings on Chartmill I can use to find these every trading day?

 

[SunTrader]

Click on the button that sez .... gap and crap.

 

[maxinger]

What is the pattern called that Amazon finished at today?

Just call that a long red candlestick.

 

[destriero]

Max could have had the closing chart in his hands at the open and lost money shorting AMZN today.

 

[Overnight]

What is the pattern called that Amazon finished at today?

It's the "buy AMZN right before the holiday season" pattern. You don't mess with the king.

 

[VicBee]

I used to trade AMZN but these not infrequent sudden drops finally did me in. Steep and unpredictable isn't good unless you've got stops and/or keep your eyes on the chart and finger on the sell/buy button.

 

[xandman]

"Get me out."

 

[vincentnyc]

i'm ready to short some amzn today 11/2/22...who wanna join me?