JoeyWinsALot

Amazon Speculation

Short
NASDAQ:AMZN   Amazon.com
Bigger picture is telling us we're equilibrium; equally between nearest supply and demand zones. As we move to the lower time frames, we can see there is fresh supply sitting above and not very much demand below. When the market corrects, i will look for a short entry here. Both supply zones are good for entry, it just depends on your rules.
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