Amazon pattern today

Discussion in 'Stocks' started by Lord Darkseid, Nov 1, 2022.

  1. What is the pattern called that Amazon finished at today?
     
    murray t turtle likes this.
  2. VEGASDESERT

    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.

    upload_2022-11-1_17-50-4.png
     
    IntergalacticSpace likes this.
  3. Is there specific settings on Chartmill I can use to find these every trading day?
     
  4. SunTrader

    SunTrader

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

    maxinger

    Just call that a long red candlestick.
     
  6. destriero

    destriero

    Max could have had the closing chart in his hands at the open and lost money shorting AMZN today.
     
    SunTrader likes this.
  7. Overnight

    Overnight

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

     
    beginner66 likes this.
  8. VicBee

    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.
     
  9. xandman

    xandman

    "Get me out."
     
    Nobert likes this.
  10. i'm ready to short some amzn today 11/2/22...who wanna join me?
     
    #10     Nov 2, 2022
    murray t turtle likes this.