Here comes the real test for $Amazon.com(AMZN)$
Rooting for the bulls to break through this level 🤝
I’m still sitting this one out for now
I’m not trying to make money on the next trade. I’m trying to follow my system. The edge comes from consistency, not one setup. Sticking to the system matters more than what happens next.
Nothing bad happens from missing a trade.
With AMZN, I don’t lose money by sitting this out. I’ve got ~50 positions on and there’s always another opportunity.
Worst case, it rips and I miss it.
Best case, it pulls back and I get a better entry.
Win win for me.
Any stock with heavy compression is usually going to underperform with my system
MBX doesn’t do well in sideways, low movement environments, and AMZN has been stuck in that kind of range for the past couple years
It really thrives when there’s expansion
Either a strong breakout or a strong sell-off
Comments