TB11741
Short

AMZN Major shift in trend

NASDAQ:AMZN   AMAZON.COM INC
19 0 1
AMZN            

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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out