$AMZN

Bought some AMZN; may add if it holds current levels despite being stuck in a descending channel.

Bullish
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Sep 15 · 1 passage
06:28/ —Open the source video

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Amazon, someone's like, "Hey, Red Dog, do you think this is going to do what Google did?" Um, all I know is, uh, you have 249 to play against. I bought a little bit yesterday. Um, it's still stuck in this descending channel here.

It's doing a whole lot of nothing. Um, it's uh down a$11. I'll probably buy a little bit more. You have to give it some room and try it a few times. You have to try these things a few times until they work.

It depends on your trade. If you were long at verse 262, you had to get out here. If you were long verse the 50-day 255, you had to get out when it broke it. So now this is the new frame trade. if you want to do it or you say, "Hey, I'm in Amazon for the next few years."

But anyway, so I bought Amazon yesterday. I might add to it as long as it holds here and if it happens to break this descending trend line, you know, this is where it was uh post earnings.

So since then, you had two-day move and then grind. That's tough. That's not easy.

What this channel has said about $AMZN

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2026-09-15BullishThis one
Amazon, someone's like, "Hey, Red Dog, do you think this is going to do what Google did?" Um, all I know is, uh, you have 249 to play against. I bought a little bit yesterday. Um, it's still stuck in this descending channel here. It's doing a whole lot of nothing. Um, it's uh down a$11. I'll probably buy a little bit more. You have to give it some room and try it a few times. You have to try these things a few times until they work. It depends on your trade. If you were long at verse 262, you had to get out here. If you were long verse the 50-day 255, you had to get out when it broke it. So now this is the new frame trade. if you want to do it or you say, "Hey, I'm in Amazon for the next few years." But anyway, so I bought Amazon yesterday. I might add to it as long as it holds here and if it happens to break this descending trend line, you know, this is where it was uh post earnings. So since then, you had two-day move and then grind. That's tough. That's not easy.
Direction flip
2026-09-14Bearish
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.
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KOL Says
KOL Says