therealZuZu

therealZuZu

We have diverged to the downside, seems like bears maybe reclaiming within the short term price movement. RSI is still fairly high on the daily, upon the confirmation of pullback we could see price TP 18.5 TP2 15 TP3 12. NFA, This shall be used for educational purposes and trade at your own risk.

therealZuZu

So with great earnings, history repeats it self. Based on the support and resistances we should see some healthy retracing. I am opening a put debit spread with a 620 price target. 625/620 put debit spread. Make sure to have adequate time.

therealZuZu

AMAZON deal has been clouded for a terrible earnings. Inflations rising, this news would’ve been great when everyone was receiving hand outs. We should see a 133 drop, if there’s support then it’ll bounce if not then sub 100s. Amazon news just making this bleed out slowly.

therealZuZu

Looking at the trend of earnings run, this ticker is deemed to sell off. p.s this is my first attempt to publishing