<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>
	Comments on: Amazon Could Trigger The Next Stock Market Correction	</title>
	<atom:link href="https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/feed/" rel="self" type="application/rss+xml" />
	<link>https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Mon, 10 Sep 2018 17:58:46 +0000</lastBuildDate>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>
	<item>
		<title>
		By: jumpingbean		</title>
		<link>https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/#comment-4850</link>

		<dc:creator><![CDATA[jumpingbean]]></dc:creator>
		<pubDate>Mon, 10 Sep 2018 17:58:46 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187998#comment-4850</guid>

					<description><![CDATA[Ty for the analysis! Do you have a time projection of how long it will take to get to the min target? Also what are the other TPs? 1500 max target?]]></description>
			<content:encoded><![CDATA[<p>Ty for the analysis! Do you have a time projection of how long it will take to get to the min target? Also what are the other TPs? 1500 max target?</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/#comment-4849</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 10 Sep 2018 16:37:05 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187998#comment-4849</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/#comment-4847&quot;&gt;jamesp&lt;/a&gt;.

G-luck on the trade. I think it will pan out sooner than later as I suspect that TL will break this week. A starter position that can be added to on a break below either or both trendlines seems like a good strategy that could provide a better average cost on the short position, especially if we get one or more opening gaps down on AMZN that deny an optimal entry to those waiting for a clear sell signal. Having a starter position that is already profitable when a short trade setup gaps down below the trendline/sell trigger always makes it easier to short the stock there vs. establishing a new short position on a gap below support which could run back up for a backtest, putting the position underwater quickly.
Still some work to be done in addition to AMZN breaking down below those trendlines as we also need to see XLK break below its &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line off the early April lows. XLK doesn&#039;t hold AMZN but it is chock full of the rest of the top-heavy &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &#038; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.&#039;&gt;FAAMG&lt;/abbr&gt; stocks that QQQ is. Again, best of luck on the trade.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/#comment-4847">jamesp</a>.</p>
<p>G-luck on the trade. I think it will pan out sooner than later as I suspect that TL will break this week. A starter position that can be added to on a break below either or both trendlines seems like a good strategy that could provide a better average cost on the short position, especially if we get one or more opening gaps down on AMZN that deny an optimal entry to those waiting for a clear sell signal. Having a starter position that is already profitable when a short trade setup gaps down below the trendline/sell trigger always makes it easier to short the stock there vs. establishing a new short position on a gap below support which could run back up for a backtest, putting the position underwater quickly.<br />
Still some work to be done in addition to AMZN breaking down below those trendlines as we also need to see XLK break below its <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line off the early April lows. XLK doesn&#8217;t hold AMZN but it is chock full of the rest of the top-heavy <abbr class='c2c-text-hover' title='An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &amp; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.'>FAAMG</abbr> stocks that QQQ is. Again, best of luck on the trade.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: jamesp		</title>
		<link>https://rightsideofthechart.com/amazon-could-trigger-the-next-stock-market-correction/#comment-4847</link>

		<dc:creator><![CDATA[jamesp]]></dc:creator>
		<pubDate>Mon, 10 Sep 2018 15:51:00 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187998#comment-4847</guid>

					<description><![CDATA[I nibbled a short position here, seems like its not bouncing off support like it should be and that leads me to believe another leg down is more likely than a strong bounce]]></description>
			<content:encoded><![CDATA[<p>I nibbled a short position here, seems like its not bouncing off support like it should be and that leads me to believe another leg down is more likely than a strong bounce</p>
]]></content:encoded>
		
			</item>
	</channel>
</rss>
