OmenFinance

Short Amazon

Short
NASDAQ:AMZN   Amazon.com
Hi guys ! I post my trading idea for shorting Amazon. As we see from technical analysis from the weekly chart RSI is below 50 which is a clear short signal and ADX is tend to cross down from the -DI which is a very good short signal but it contains risk. The target for this move is at 1397$. Hope you find it usefull !

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.