Amazon's 300 is currently acting as resistance
Sell Amazon @ 300 for 30 minutes expiration everytime it reaches 300 & drops back, stop if it stays above
We posted @ 11:54am, so there was one chance to sell at 299.81 @ 12:16pm EDT, expiring at 299.75 @ 12:30pm
Results: 1 win
Although it hit 300 & dropped several times earlier, it was quite random, resulting in 299.756 @ 10am & 300.095 @ 10:30am
So we only posted after a huge drop & rebound as it'll pause & take a break around & below 300 for a while after going up so high at once
No comments:
Post a Comment