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avka81
Dec 23, 2018 8:38 PM

Short term Bounce is Close!!! Long

Amazon.com, Inc.NASDAQ

Description

Since its broke down from the H&S it hit my bounce Target. Sold my puts Jan 18th $1350 with a very nice gains. Amazon should Bounce next week so bought a Call Jan 25th $1480. It will Come back and test the neckline at Around $1500-1525. I would sell my calls and buy Puts @1180 April or May Expiry and hold it for a while. January will be a BIG RED MONTH. Good luck Trading

Trade closed manually

Closed my calls today. Its time to short. Down side Target for $935
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