Amazon Jumped to 103 dollar , and reached a strog resistance here . so putting a short is a good idea but keeping the stop at 105.5 is better idea . we must change the stop manually at the entry when moving down . this is a trading idea for me and have a big risk
Not sure about this short with earning reports coming through shortly. Would watch and wait for report but feel they will beat earnings and spike up
MG9391
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@proostrafford, i think it is a great risk , but this resistance come with the same resistance at the nasdaq . i think this trade is a matter of some hours at most until it pentrate . thanks for your great comment and telling me your idea that i will respect
MG9391
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@proostrafford, we got some profit dear we can change the stop here at entry