CrystalBallSoft

Short Amazon

Short
BATS:AMZN   Amazon.com
Amazon gapped up on earnings report. Its overbought at this point and is loosing steam. RSI trend has flattened. First support is at 324 and gap started at 311.

Short at: 370.59
Target Price: 324
Stop Loss: 380
Profit Potential: ~12% - 15%
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.