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GSUTrader
Feb 10, 2016 12:05 AM

$AMZN Daily Short

Amazon.com, Inc.NASDAQ

Description

AMZN bounced and has held above prior downtrend resistance but below 495 support. Thought is it likely bounces around in between RED and WHITE line for a bit before breaking down further if overall market continues to bleed. Worth keeping an eye on and shorting into pops near/above RED line with TIGHT stop (Last thing you want to do is, get caught in a BEAR Market Short Squeeze).
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