I cannot tell you how many people faded this idea and stated it was not a head and shoulders. With H&S you need to predict the second shoulder before it happens, not afterwards. This trade has played out immesely as I am only in AMZN LEAP calls. I did sell covered calls against the position which will likely cause them to be called away at thousands of dollars in profit (fine with me).
-My target is still 210$
-My target is still 210$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.