Top 5 Weekly Trade Ideas #1 - AMZN Short

AMZN has been riding this uptrend for weeks now and has struggled to sustain above $190. Things are looking slightly bearish so far this morning, but pretty flat overall. If we see more downside in NQ and AMZN breaks this uptrend it should make for a good short.

I would short now with a stop above $190, or wait for the trend break and retest.
Anmerkung
190 rejection and trend break finally. I've been looking for this break for a while now and it finally happened. Not a huge move yet, but it's a start. Still looking for a move down to $180.
Chart PatternsTrend Analysis

AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Auch am:

Verbundene Veröffentlichungen

Haftungsausschluss