Amazon appears bound for at least 327.15, assuming it can blow past the 303.55 midpoint pivot of the pattern shown today or tomorrow. The initial buy signal was tripped at 291.74, so camouflage traders should bring an aggressively bullish bias to the task of getting long. Notice that even on the hourly chart, there’s a nice string of external peaks you can use for that purpose. If you’d prefer to use options, I’ll recommend buying the October 330-335 call spread eight times for 0.35 cents. Your bid should be contingent on the stock trading 298.50 or higher. Please let me know in the chat room if you fill the order so that I can establish a tracking position for your further guidance. _______ UPDATE (12:09 p.m.): The spread, currently reflected at 0.21 bid / 0.46 asked, has lost some juice with the start of the new week. Accordingly, I’ll recommend lowering our bid to 0.26, contingent on the stock trading 298.20 or higher. _______ UPDATE (September 12, 1:43 p.m. EDT): The stock’s moderate climb has pushed the spread slightly out of reach, so I’ll suggest raising your bid to 0.30, provided AMZN is trading 299.00 or higher. It was quoted at 0.25 / 0.34 on Wednesday’s closing marks. If price dips below 0.29, revert to the 0.26 bid. ______ UPDATE (September 13): Traders reported a truckload of fills at 0.26 yesterday, so consider the position official. _______ UPDATE (September 18, 3:43 p.m. EDT): Let’s offer half (four) of the AMZN Oct 330-335 calls spreads to close for 0.80, g-t-c. With the stock at 312.53 at the moment, the spread is currently trading around 0.75/0.78.