wjbuckner

Short AMZN - tight stop = low risk

Short
wjbuckner Updated   
NASDAQ:AMZN   Amazon.com
Shorting AMZN here. $1919.00 - (stop will be a daily close above $1925.00 which is the high of the 8-13 topping tail)
Comment:
Stop loss was triggered however im holding this trade one more day. If we don't move lower in the morning I will move out.
Comment:
this was taken based on the topping tail signal from 8/13. As of close yesterday the topping tail was negated and stop was triggered. However, im holding my position until we hit $1945 there I will be adding to my PUTS.
Trade closed: stop reached:
forgot to update the trade. I took a loss at 1970.00. should have stuck to my rules! I would have lost less. I will be looking to reenter AMZN when I get another topping signal. We should see a nice pull back when it does show up.

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