$AMZN

No reason to buy AMZN; technicals are bearish despite potential for a bounce.

Bearish
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Sep 16 · 3 passages
15:43/ —Open the source video

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3 passages

I'll tell you what's been really hard with bad Amazon's been horrendous. Amazon I think every trade in the world is starting to really hate Amazon. Why? Because it's been predatory.

You know, from down here at 226, it gave you a a post earnings move and a fierce move all the way to 287. Amazon's back. Looked like it was going to hold here and then failed. That was first clue to get the hell out of the way.

Then if you were long worst to gap pivot, you had to get out of the way. Then you had this day one that looked great and all of a sudden yesterday made a new lower low.

Amazon's back. Looked like it was going to hold here and then failed. That was first clue to get the hell out of the way.

Amazon's up 46 cents.

What this channel has said about $AMZN

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2026-09-16BearishThis one
I'll tell you what's been really hard with bad Amazon's been horrendous. Amazon I think every trade in the world is starting to really hate Amazon. Why? Because it's been predatory. You know, from down here at 226, it gave you a a post earnings move and a fierce move all the way to 287. Amazon's back. Looked like it was going to hold here and then failed. That was first clue to get the hell out of the way. Then if you were long worst to gap pivot, you had to get out of the way. Then you had this day one that looked great and all of a sudden yesterday made a new lower low.
Direction flip
2026-09-15Bullish
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.
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KOL Says
KOL Says