$AMZN

AMZN is viewed as a 'do not touch' stock that needs to prove itself; potential for improvement exists only if it holds the 253 level.

Bearish

“Scott Redler’s #630club - LIVE Premarket Stock Market Update”

T3 LivePublished Sep 14 · 3 passages

09:52/ —Open the source video

Jump to any passage

3 passages

But hey, you know, look at Amazon. Amazon woke up a little bit. It did. Okay. Um, you can now say, you know, this is your point of reference if you're an active trader at 249. 249.

Sometimes you got to let go what happened and and and start fresh. So, if you know after earnings, if you were long verse 262 and got stopped out, okay, if you bought here and got stopped out, okay, hey, maybe maybe this time is different.

Maybe because now they have to they're slowing down their spend and they don't have to um you know go so fast. Um I would think if this wants to be better, I'm not saying it will be, but it might.

It wants to probably hold 253. So if you think this is going to get a um blows, which I kind of think it's going to happen to like your Amazons and your um your uh you know your Googles and some of these well this morning they'll go from red to green. this morning there'll be an opportunity right so what's Amazon doing this morning Apple's down 77 cents Amazon is down 260 if Amazon wants to be different not saying it will be but if it wants to be different I almost bo you know people like red look at Amazon it's looking better I'm not buying the close there's no way anyway if if it could hold 253 and absorb this weakness hey maybe it's setting up a nice area to to do better we all could do better Maybe Amazon will do better, but at least you have 253 or 249.

I would say give it to 249. Buy a little bit and then this way it takes some pressure off that if all of a sudden it's on your do not touch list. It's on a lot of active traders do not touch list.

I get it. Um well, maybe it it'll pay you back. Um so anyway, this is 257. Um it's it's getting a little tighter in here. It's trying to be better.

I showed you the levels you might be able to buy verse in Apple and Google, not verse Google and Amazon, which need to prove themselves.

—Some some mag seven names might be better. I know Amazon's been a disaster this for the la…

—

Some some mag seven names might be better. I know Amazon's been a disaster this for the last year or so besides small spot.

Watchpoints

price action relative to the 253 support level

What this channel has said about $AMZN

T3 Live has 4 calls on this stock; only the adjacent ones are shown.

2026-09-14BearishThis one

But hey, you know, look at Amazon. Amazon woke up a little bit. It did. Okay. Um, you can now say, you know, this is your point of reference if you're an active trader at 249. 249. Sometimes you got to let go what happened and and and start fresh. So, if you know after earnings, if you were long verse 262 and got stopped out, okay, if you bought here and got stopped out, okay, hey, maybe maybe this time is different. Maybe because now they have to they're slowing down their spend and they don't have to um you know go so fast. Um I would think if this wants to be better, I'm not saying it will be, but it might. It wants to probably hold 253. So if you think this is going to get a um blows, which I kind of think it's going to happen to like your Amazons and your um your uh you know your Googles and some of these well this morning they'll go from red to green. this morning there'll be an opportunity right so what's Amazon doing this morning Apple's down 77 cents Amazon is down 260 if Amazon wants to be different not saying it will be but if it wants to be different I almost bo you know people like red look at Amazon it's looking better I'm not buying the close there's no way anyway if if it could hold 253 and absorb this weakness hey maybe it's setting up a nice area to to do better we all could do better Maybe Amazon will do better, but at least you have 253 or 249. I would say give it to 249. Buy a little bit and then this way it takes some pressure off that if all of a sudden it's on your do not touch list. It's on a lot of active traders do not touch list. I get it. Um well, maybe it it'll pay you back. Um so anyway, this is 257. Um it's it's getting a little tighter in here. It's trying to be better.

2026-09-10Bearish

Even even Amazon, people go back to Amazon because they think at some time it's going to wake up and then it hasn't, you know, here it get the crappiest action ever. So, you know, I know I I made money in a in a call spread and then you get these two big days. So, now you're like, "All right, it's going to be great again." And if you're long verse 262, because that was the gap pivot, that's the play. That's the strategy. All of a sudden, it's been a mess. It's just trickled in, trickled in. Every day one that turned into something that could be better was suffocated. So, that's been hard. And now you have another Now, it just took out SE 251 on its way down. And I have a whole another new point of reference at 25065. I am trading these things a lot less because there is a lot less opportunity. Um and it's hard. At some point this will probably also get back above this. But how it does it has been very hard, right? Uh get it done. Um so if you you know if you think it's going to take out 287, what you got to do is maybe not go out two weeks. Go Yeah. like go go go out to December buy the December 285s and then if it really starts acting better you could stay with it like here this was a better sequence this gap up never got filled you could have bought the you know it was lower and then took out the high and look at that you had actually like you know a a month of rolling up options and really good trading anyway

Quote at 07:58 ›

Direction flip

See full history ›

Which window this belongs to for $AMZN See the full record for AMZN