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Reallifetrading
Jun 7, 2016 9:20 PM

AMZN wave count Long

Amazon.com, Inc.NASDAQ

Description

I personally have 0 position right now on AMZN. A lot of traders are 'expecting' amzn to pull back. I've been wanting that since 5/16/2016. It did pull back farther like I wanted and I didn't get filled on the BPS I tried.

My trading plan does not allow to do counter trend spreads. I think a Bear call spread is counter trend. I would like to see AMZN pull back OR rest here. Volume is declining. It would make the most sense.
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