Amazon.com
Updated

AMZN TRADE PLAN

348
LOOKING FOR PUTS ON AMAZON AGAINST 50% RETRACE AND 1542.50 AREA TARGET 1500 THEN 1485AREA

STRENGTH OVER THE 1542.50 TO 1543 AREA WILL EYE A LONG TO 1600 AREA BUT REALLY FAVORING THE SHORT TRADE HERE
Note
GAP AT 1587 AREA
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WATCHING AMZN PUTS HERE FOR POTENTIAL REVERSAL

1480P AROUND 5 BUCKS
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TOUGH TRADE TODAY AS STRENGTH IN AMAZON PUSHED IT WELL THROUGH OUR LEVEL FOR SHORTING. TRADE WOULD HAVE WORKED (THANKS APPLE) BUT NO CLEAN REVERSAL SET UP INTRA DAY THAT GAVE ENOUGH CONFIDENCE. BACK ON WATCH FOR NOW

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