Short

Updated

AMZN looks poised to move down this or next week

AMZN looks poised to move down this or next week.
If $1763 is broken with volume we should see $1543 within 4 - 6 days

Note

if $1543 breaks, next bounce may be at 38% Fib @ $1323.
After that there is 50% Fib @ $1080

Note

In unlikely event AMZN closes above $1833, I am going long.
QQQ,SPY, and GOOG will be turned LONG too.

Note

AMZN is not moving up when everything is moving up, not a good sign. Maybe reentering SHORTS in the next 2 days.

Note

went short again this AM. break down.

Note

added more puts

Note

adding more puts

Note

if strong gap up tomorrow AM, I am going long

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.