AMZN’s heedless sponsors goosed the stock to an intraday high at 1841.29 that missed an 1843.29 target I’d spotlighted earlier by $1.34, or less than 1%. The stock plummeted $28 thereafter, but because subscriber interest in the target, and in leveraging it to get short, were next to nil in the chat room, I haven’t established a tracking position. For your information, expiring 1750 puts were the first out-of-the-moneys one could have bought for less than 1.00 when the stock was topping. They traded down to 0.88 before rocketing to 3.04 in a little more than two hours. This is not quite ‘jackpot’ odds, however, since we usually look for at least a quadrupling in price. For now, we’ll move to the sidelines and watch, since Monday’s high could turn out to be an important one. _______ UPDATE (July 17, 9:11 p.m. EDT): It didn’t. The stock is the most bankable sure thing in the world of managed money, and that’s why it will continue to rampage higher until the heavenly trumpets sound. Use 1864.24, a minor Hidden Pivot, as a minimum upside objective for now._______ UPDATE (July 18, 2018): The stock is consolidating rather more than it needs to for a push to our 1864.24 target, so let me introduce another at 1892.77 that will warrant our consideration if and when buyers push this zeppelin above the 1862.02 midpoint resistance.