AMZN descending triangle + gap fill
AMZN just announced its 20:1 split. Had a big gap up after the news. Came up near the top of its trend line before getting sold off. If it doesn’t break this downtrend here, we can expect the gap to be filled below & a retest of support. Break the downtrend & we can go long.
Calls>downtrend line
Puts<gap
Calls>downtrend line
Puts<gap
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