great minds, man.
$30,000 Millionaire said:This is hard to predict because that squeeze could fire to the short side. On a monthly basis, Amazon has not reverted to its 21 period mean since March and it's hanging out around +2 ATR. Going down to +1 ATR would take it to the 2,800 range. Amazon has been in a multi year uptrend, but it routinely touches +1 ATR before going higher. The question for now is whether or not Amazon is consolidating for a further move higher or is going to regress to the mean. On a monthly basis, +3 ATR is 3,500, below ATH at 3552. I think ATH will provide fierce resistance on any upwards move. I should also point out that Amazon has not reconnected with its monthly 8 EMA since April. It's close now ($2900).Spaceship said:Thundergon said:
Amazon is setting up a squeeze on the weekly timeframe. Definitely keeping my eye on that one.
That's the one I have my eye on too and curious what you technical guys think about it's setup.
On a weekly basis, Amazon has closed below it's weekly 8EMA multiple times and it has been touching it's weekly 21EMA. The 8/21 weekly EMAs have not crossed since late 2018. It keeps retesting it's 21, will it break below?
On a daily basis, Amazon closed below its 8, 21, 34, and 55 EMA this week, and there was a test of the 89 yesterday, which it closed above. Amazon has closed below the daily 89 multiple times Keep in mind it is underperforming the market right now and has what appears to be a failed C&H in October.
tl;dr - I don't see anything that represents a high probability play on it, maybe iron condors. It could be entering a wedge on the daily prior to resolving. I'd want to see over 3185 to consider anything long and below 3070 to play anything short, personally.
why would they tell Biden? I'm confused, haha. I'm with you on the rest though.Prognightmare said:I suspect lockdowns may occur in blue states. Red governors will tell Biden to GFH. Abbot better tell him to ****off because Texas GOP is urging Allen West to primary him. I'll vote for West, but I'll never vote for Abbott ever again, he failed Texas.cottonpicker said:
If lockdowns come I wonder if Tdoc comes back?
Moderna says trial data show coronavirus vaccine is more than 94% effectiveMcInnis 03 said:
Like free money...MRNA releases good news on their vaccine.
Time to see if the mcflys can pay
I see what you did thereBrian Earl Spilner said:
Airlines soaring again.
Gonna be a good day boys!
I'll choose to love not fight 100% ROI and net free. Let the rest ride....for love's sake.oldarmy1 said:
WDC $43 bid. Options will be up over 100% ROI for those net free lovers.
Viable in the fridge for 30 days. I believe PFE was viable in the fridge for 3 days.wanderer said:
CYRX down 12% pre-market. I'm guessing the MRNA vaccine has different storage requirements that doesn't bode well?
Man I got the Data Vault app a while back and has been invaluable to me with all the usernames, passwords, etc. I have these days. I store all my info in the encrypted Data Vault just for that purpose. Maybe give that a try.McInnis 03 said:
I have a new computer at work.....I'm frustrated for a number of reasons
Can't install TOS
Can't remember my f'ing twitter password.
NIO is an earnings lotto. Shouldn't be largely exposed on an earnings trade.UpstateAg said:
Just need NIO
Ha, thanks. I got in, realized that the sidebar app I use apparently isn't permissioned on this PC. Man, this is going to be a rough week.FJ43 said:Man I got the Data Vault app a while back and has been invaluable to me with all the usernames, passwords, etc. I have these days. I store all my info in the encrypted Data Vault just for that purpose. Maybe give that a try.McInnis 03 said:
I have a new computer at work.....I'm frustrated for a number of reasons
Can't install TOS
Can't remember my f'ing twitter password.
ARCT is the other 'rona play and just 1 shot as opposed to PFE's 2. Up about 5% premarket. No position, but HP likes them.McInnis 03 said:Viable in the fridge for 30 days. I believe PFE was viable in the fridge for 3 days.wanderer said:
CYRX down 12% pre-market. I'm guessing the MRNA vaccine has different storage requirements that doesn't bode well?
McInnis 03 said:
I have a new computer at work.....I'm frustrated for a number of reasons
Can't install TOS
Can't remember my f'ing twitter password.