When I look at a chart, the first thing I do is scan the price action to see if there are any recognizable patterns. As you can see from this one-year, daily candle chart of AMZN, there is a pattern of upside gaps that are followed by fairly long trading channels that have lasted about 2 1/2 months each.
Options Oracle: 08/14/15
Posted on August 14, 2015 by AJ Monte in Options Oracles
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