Short Amazon Short

Amazon.com, Inc.NASDAQ

Description

⋅ Feb 10, 2015 4:44 AM

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%

AMZN