AMZN in a triangle pattern LONG

2024年2月18日

AMZN on the 15 minute time frame is in a relative symmetrical triangle pattern. A volume

profile and intermediate term anchored VWAP are overlaid. They validate one another since

the POC line and the mean anchored VWAP line up. Price is below both of them. My forecast

is that price will rise and temporarily so sideways in the high volume and volatility zone

of VWAP / POC and then ascend higher as that tug o war is finalized. My long target for now

is 170.35 as the top boundary line of the high volume area of the VP. This is a good trade

for shares on margin to get some juice into the trade. I will instead take call options for

March 16th striking $ 172 for some leverage and beyond linear RIO. AMZN is good to go.

Admittedly, this is an early bird trade. I see the risk as minimal.

2024年2月20日

交易开始

Dip buy in the pre-market while AMZN in a low pivot same as QQQ in a faint thin purple line at the green arrow as a started position.