$AMZN tagged $3344. 💃🔥
Gave clients tactic to lock-in those option gains in afterhours
Client recommended $QQQ short with break of $365.49 is half-way to price target of $361.65
And client recommended $FB short with break of $368.14 also working ;-)
https://t.co/hOwr3pODQH
$AMZN - as expected, they sold off. It was the only Big Tech play I thought would disappoint.
Now at $3395 100D for wee bounce.
Gave clients PT of $3344.29 - within next wk - but could bounce into 3487 + still be a reshort.
Another push to value coming as Big Tech Earnings Peak https://t.co/qHz8MKSkfg
It's my job.
@SamanthaLaDuc Amazing how you did this...bravo Sam!
$AMZN - as expected, they sold off. It was the only Big Tech play I thought would disappoint.
Now at $3395 100D for wee bounce.
Gave clients PT of $3344.29 - within next wk - but could bounce into 3487 + still be a reshort.
Another push to value coming as Big Tech Earnings Peak
I look at this chart of shipping rates (containers, trucking still sky-high but "getting cheaper") as a fractal to $AMZN.
I know AMZN has raised prices, but have they really sold more...?
EPS Thursday 🤞 $QQQ
chart h/t @benbreitholtz
