Monday, December 3, 2012

Get ready to short Amazon.com Inc. (AMZN)


Amazon.com Inc. (AMZN), get ready to short !
1) Focus on "reversal level"
2) Pattern shows high probable sideway pattern followed by a fall below those two triggers.
3) Common sense says people will spend less for the holidays ...
Gut feeling ? Price below short trigger 2 by mid Jan

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