Very clear long term downtrend for amazon

٦ سبتمبر

Short term predictions are with light blue and light orange line, longterm this is def a sell for me

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ملاحظة

Havent entered a position yet, I will be this coming monday the 9th, maybe will wait for short term action. I could expect retest of the trend line soon

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تم فتح الصفقة

Entered PUT this morning, might have to deal with potential short term rally back up to @$188 depending on rest of market.

١١ سبتمبر

ملاحظة

Buying a call for potential relief rally. Couldve been false breakout, and if so it will close back under trend line today and I will sell my call but if not it will go back up to maybe 190 before coming back down.
Still keeping my longterm PUT