AMZN Major shift in trend

19 0 1

AMZN             seems to be losing its mojo around the holidays.

Volume has dried up and relative strength to the Nasqaq is terrible.

Shorting to the 290s seems like a great risk reward , considering the QQQs seem in the short term overbought

Slowdown in consumer shopping and spending going into the 1st qtr of 2015 could be a huge problem for AMZN            

Positive headlines from BABA can sink sentiment even fiurther on AMZN            

Low 280s could be a buy point if institutions start accumulationg again

below 260 could signal major trend shift

* Things to watch out for
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