MisterLomez
Short

$AMZN short UPDATE

NASDAQ:AMZN   AMAZON.COM INC
94 0 3
$AMZN broke over a few key resistance levels last week, re-entering the lower boundary of it's long-term upward channel (green line), but moving averages all rolling over and it still faces some very strong resistance at $335. If it can't break through that level with any kind of conviction, that's where I'm buying puts. Notice, too, the sad-face indicator at the top of the chart -- probably the most reliable bearish indicator out there.
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