AMZN should've been on a solid trajectory after the upgrade and raised target. But when it fell off the open then double topped (failed b/o actually), I ended up shorting it @ 126.38. It was not acting like proper AMZN at all to the long side.
I will follow: CTCM, PXP, FMCN, SCXI For more info and trading plan free feel to contact me If market will continue with selling pressure then I will just wait. Not much interest here for new short setups. Open swings doing well. Good luck
ABV trying to bounce from 10sma on monthly chart and that is what I like for position trading plan. Also we can see nice weekly consolidation with last week try for breakup on higher volume. But also we can see 60 min consolidation too what is daily continuation pattern result. Point is that ABV can be used for day trade with 60 min trading plan, but also can be used as swing and position trade. For start I will use 60 min and we will see pace and volume.
I dont know how to post several chart so I will post just one..other ideas are: LONG: BRFS long above: 14.45, stop under 14.30, target 15 area TSU above 28.74, stop under 28.45 CF above 66.28, stop under 65 Short: ZMH under 54, stop above 54.15 (above 10sma 60 min) GL
My idea is for long above 171 with stop under 169, based on 120 min flag pattern and I'm counting on market bounce today.