11/13/2014 – Amazon
Amazon, AMZN:
1. In both our Tues., Nov. 11 and Thurs., Nov. 13 Williams edge live meetings Amazon was indicated an outright ‘Buy‘ at $310.70 (Tuesday) and again at $315.00 (Thursday) for a tradable advance to $323.00 expected to complete this week (week of Nov. 10).
2. Today’s (Fri., Nov. 14) Amazon session completed the $323.00 upside target (session high $323.25, so far). Therefore, the majority of any long position should have been exited at/near $323.00. Any remaining position can be held for the possibility of higher prices and a trend following exit. Will message any further entry or indication in Amazon.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.