AMZN AMAZON Potential shorting opportunity
Updated
When certain stocks have unfilled/un-traded areas (gaps) in the market, often the market going to revisit those areas later on. So these are areas can be targets for your trades.
But in order to target those areas, we need a reason to get in. The most profitable/common method is waiting till the market exhaust and put a reversal signal.
AMAZON is most likely to make a end to the BULL run and head back to fill those unfilled areas in the market.
So waiting for a strong reversal signal or make another higher high with confluence to get SHORT.
Good Luck Trading
But in order to target those areas, we need a reason to get in. The most profitable/common method is waiting till the market exhaust and put a reversal signal.
AMAZON is most likely to make a end to the BULL run and head back to fill those unfilled areas in the market.
So waiting for a strong reversal signal or make another higher high with confluence to get SHORT.
Good Luck Trading
Trade closed: target reached
Good Trade. Please close the trade on full profits. Good luck trading
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