AMZN Breakout Rule: Why a Wick Isn’t Enough
Summary
Hollow Point Trading shares an educational AMZN breakout example using five-minute IEX candles from October 8, 2026. It sets the previous completed high at 258.15 as a reference and explains why a wick crossing alone does not satisfy a closing-price filter.
https://youtu.be/CfcPejPHrjI
A wick crossing does not pass a closing-price filter #AMZN #Breakou...
A wick crossing a line does not pass a closing price filter. First declare both the reference and the rule. This historical Amazon IEX example uses five minute candles from October eighth, twenty twenty six. We choose the previous completed high, two fifty eight point one five, as a reference, not proven resistance. Our illustrative rule require...
