Back on Jul 6, 2021 I posted this chart "AMZN I am Not Convinced Yet"
Fast forward and price has gone nowhere.
Now a 13-year channel has been broken. While I am not ready to call a short in this name
until it breaks previous sideways lows. The writing is on the wall. that it will.
Having said that I will go ahead and mark it as a Short. But I am still waiting for previous lows
to break for better confirmation.
AAPL has done really well for me on the short side
As has CRM
As mentioned in all my recent posts and videos CAUTION is in order. That has and remains the correct analysis.
Fast forward and price has gone nowhere.
Now a 13-year channel has been broken. While I am not ready to call a short in this name
until it breaks previous sideways lows. The writing is on the wall. that it will.
Having said that I will go ahead and mark it as a Short. But I am still waiting for previous lows
to break for better confirmation.
AAPL has done really well for me on the short side
As has CRM
As mentioned in all my recent posts and videos CAUTION is in order. That has and remains the correct analysis.
Comment:
Money in the Bank! Easy!
Real Macro Economic Investing
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