Member
Posted 19 April 2018 - 02:05 PM
Starting to look like the "100 MIllion Prime" day could mark the lower high an AMZN.
If so, this would be most likely place for crash to start from....of course, have to close the opening gap first......
AMZN is SO extended, "crash" type move might only take it to 200 day MA, rather than normal 900 day.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 19 April 2018 - 09:47 PM
Unlikely to come in much before their earnings...same with Googl.
Member
Posted 20 April 2018 - 08:43 AM
So far "100 Million Prime" Evening Star off lower high looking very possible...same setup as early October in 87 on Dow....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 08:50 AM
1550 the key area to watch today....if back test holds, then decline begins...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 09:26 AM
Little Nessie Neck on 1 min chart above 1 min 200 MA....now just need to reclaim 200 to seal is VST top, and possibly more....
above 1560 now, and scenario may change...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 09:51 AM
And down goes Nessie...
Now we see if bears can keep it under 1550 for the rest of today....
Edited by K Wave, 20 April 2018 - 09:51 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 10:41 AM
OK, 1 min 900 tagged... now we see if gets broken and something downside gets underway.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 11:19 AM
BOOM! Down into the "100 Million" gap we go...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 11:59 AM
And there is full gap fill....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 20 April 2018 - 12:23 PM
And the pivot off the gap fill.....methinks that pivot just made could be very important to IT direction.
If it breaks before AMZN climbs back out over 1550, then rapid loss of air pressure could happen....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
