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AMZN Trade Update

AMZN (Amazon.com Inc) is now trading clearly below the ascending price channel on the daily time frame. Also note how the 723 level acted a resistance once AMZN fell back below with prices finally rolling over on the 60-minute time frame.

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Jun 17, 2016 3:43pm|Categories: Completed Trades - Short|Tags: |1 Comment

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  1. joefriday June 18, 2016 8:26 am at 8:26 am

    Perfect… My AMZN shorts doing very well..may press them on a sustained break of $700. Thanks for the update! JF

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