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CedricKoJo
Apr 10, 2018 9:13 PM

Head and Shoulders AMZN Short

Amazon.com, Inc.NASDAQ

Description

We are climbing up the right shoulder of AMZN which I believe will coincide with a peak at earnings - we have seen runs into earnings in the past several earnings announcements.

I believe AMZN is generally overbought and will return to its 2+ year trendline after earnings (return to 1200 after earnings).
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