travelingpm
Short

Short the AMZN Pullback

NASDAQ:AMZN   AMAZON.COM INC
151 0 4
I'd recommend watching that top red trend line very closely if you're planning to hold AMZN             . If the share price rejects it, the price will drop fast.

We saw a correction similar to this earlier in the year. The blue arrow notes the point at which I believe we are in this correction.

I'd shoot for the 50% fibo or even the blue monthly support trend line if I were trading it...unless the top red trend line is broken and we get a few days where the price closes above it.
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