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AMZN this week# Stock
o*2
1
My watchlist for this week is: AMZN, TSLA, BABA, BIDU, BIIB. AMZN is very
bullish according the hourly chart. Let see how we can make profits from
AMZN this week.
The above is AMZN hourly chart, the price is above 20MA, 20MA is above 50MA,
50 MA is above 200MA. Also the price meets the support line and meets 20MA.
At the same time, 50MA crossed 200MA.
Bought 10 (paper trading) AMZN NOV 21, 14 325 Calls @3.6 9:36AM 11/18/2014.
I will sell 3 to 5 calls if the price doubled today or tomorrow.
Sold 4 @5.4.
Now I have 6 AMZN NOV 21, 14 325 Calls for free. Let party begins.
See the charts at my blog
http://oceansoptions.blogspot.com
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o*2
3
Sold 2 @6.2, profit taking.
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o*2
4
Look at the chart, I think it might be a good entry point at 218. The price
will meet 50MA and it is forming a triangle bull flag. It is very possible
it will spike again. Let us monitor it.
http://oceansoptions.blogspot.com
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