Get started
bdossantos

Parabolic Amazon?

Amazon.com (NASDAQ:AMZN)  
bdossantos Updated   
NASDAQ:AMZN   Amazon.com
Trend Analysis Chart Patterns
0
0
trendanalysis chartpattern
Not sure how much juice AMZN has left in it but it seems to be forming a parabola. I'm currently neutral, no position, just watching for a SHORT opportunity.

What can i say, I just love shorting overvalued assets.
Comment:
I'm long and will be riding this up until signs of weaknesses. Parabolic markets tend to get irrational.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.