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adammska
Nov 16, 2014 3:09 PM

Next week is crucial for AMZN Short

Amazon.com, Inc.NASDAQ

Description

Next week will be crucial for AMZN. It needs to clear the descending triangle, on Friday it fell just short. Otherwise, it's headed down to low 300s. It might even retest 284. Considering that the next couple of weeks will likely see a pullback in the market, my short-term bias is bearish.
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