EvanMedeiros
Long

trying to bust a move

BATS:AMZN   AMAZON COM INC
221 0 0
$AMZN I've really liked amazon in the sub 260s and my charts last week could have helped you get into this trade before or during the 260 break. I threw a set of fibs on here to show where we have come from off of the earnings breakdown and we are at an important level in fib land. The 61.8 retrace should make this 263 level even tougher to break through but I still favor this one to the long side. I think some sideways action between here and 260 is constructive. 263.5 is my trigger long for a breakout.
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