Intraday pattern shows positive divergence, daily chart shows negative divergence. Pattern's don't line up so I'm not playing this despite the pattern looking almost exactly like the last time it tanked.
Forming a pennant on the intraday, much like the indices. Would appear hat it will break the same direction as the market which depends entirely on AMZN tonight.
Long term daily looks like an inverted H&S or cup & handle. Crappy earnings could send this right back to $18, might be worth a straddle on earnings in Nov....
No position.
Forming a pennant on the intraday, much like the indices. Would appear hat it will break the same direction as the market which depends entirely on AMZN tonight.
Long term daily looks like an inverted H&S or cup & handle. Crappy earnings could send this right back to $18, might be worth a straddle on earnings in Nov....
No position.