theeking43

Longterm Short on Amazon

Short
theeking43 Updated   
NASDAQ:AMZN   Amazon.com
Fib Setup at December 2018 Low
Engulfing bearish candles show no let up on the sell off.
Entry 1750
{I could do a partial entry at $1650}
Stop Loss $1800
Take Profit $1500
Amazon is great company, but because of that many retail investors will bail out because they cannot handle the heat.
Comment:
$1750 entry today.
Currently $1785
SL stays the same
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