AMZN is one of the few Mag 8’s that I’m waiting on a “check mark” (sell signal), which will come once it clearly takes out the 200-day MA’s (I covered it in the video earlier today, having fallen to the 200’s for the first time in a while today).

If/when the 200’s are clearly taken out, my ‘lights out’ support level is around 211 with the first price target (if/when that goes) around 195, but more downside after a likely reaction around 195 first.

Randy. You often give us a take on a given earning report prior to the report
Not seen as many of late. Take on Amazon?

Yep… what he (MSTR) says tonight has the potential to make or break both him (and MSTR) as well as Bitcoin, since MSTR selling off even a single Bitcoin would likely be the catalyst for a vicious cycle of selling by both a lack of confidence & further demand destruction from current Bitcoin holders & potential buyers, not to mention the fact that MSTR is simply a leveraged holder or Bitcoin, so really no different from the vicious cycle/feedback loop of selling that will hit the stock market once the current margin debt bubble pops & starts to unwind.