I opened $AMZN VERTICAL 241018 CALL 200.0/CALL 185.0$  ,Last week, the candlestick formed a long wick lower tail which touches the moving average and managed to close back above the adjacent bearish candlestick close. I viewed this as presence of strong investors liking Amazon. In both weekly and daily chart, the stochastic is close to but not at the oversold region. More room for moving up? I guess so based on the earning results which is well received by investors. Hence, decided to open this trade.
Trading Order
SymbolSidePriceFilled time
AMZN Vertical
US200.0/185.0
Debit
Open
6.312024-05-0222:16:26
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  • ReganJones
    ·05-06
    Great analysis on the candlestick formation and the stochastic indicators.
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  • Aqa
    ·05-05
    👍🏻 Liked and shared.
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  • lemonadey
    ·05-06
    Good luck!
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  • Laynes
    ·05-06
    amazing
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    • Laynes
      wow
      05-06
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  • ok
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  • Kashcash
    ·05-03
    Nice
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