docholliday

AMAZON - time for correction?

NASDAQ:AMZN   AMAZON COM INC
92 2 5
Technical analysis looks to be near a top - look for a 4 hour impulse to the down side and correction for a sell possible to the $650 range. Lets watch this one and see if it is finally ready to come down some.
not buying at this level. Looking for short - but will need to break the channel up first - there may be more highs in the 4h before it breaks so wait for confirmation by break and consolidation.
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Channeling nicely as forecasted..
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