AMZN stayed 567 days above 200MA. That is a huge time any stock could spend historically above 200MA. Possibly a better place to look for mean reversion as momentum in Amazon is slowing down.
Key Expectation : Mean Reversion towards 200MA
Similar Examples quotes here
www.marketcalls.in/s...ally-overvalued.html
Key Expectation : Mean Reversion towards 200MA
Similar Examples quotes here
www.marketcalls.in/s...ally-overvalued.html
Trade closed manually:
Time-wise stop reached.