BernhardAnalytics
Short

it's a very obvious M top, but everybody sees it, so it might be

NASDAQ:AMZN   AMAZON.COM INC
104 1 7
it's a very obvious M top, but everybody sees it, so it might be wrong, let's be careful with it.
please set stop loss for this.
if price hit stop loss, then we just need to switch it to long and target would be 900 usd ( even it sounds a bit crazy, LOL)
Comment: I expected price hit higher than 700, but it doesn't mean the short can't get a chance, shorted at 715 to 718, stop loss is 730 to 740 for this one.
Comment: 715 and 718 short went well.
good luck!
Yes, this one is tricky. I won't trade it yet but looks good I think.
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