10 more days till 1980 for AMZN
Way overbought and clearly has all the technicals indicating that it is about to fall soon.
I am buying puts.
I am buying puts.
Note
And I mean roughly 10 days, not precisely then. It could obviously happen sooner since S&P got rejected at 50% fib and NDAQ at 61.8%.
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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.