AMAZON SHORT
This is not because Amazon doubled the price for it is Prime customers... it was a technical foregone conclusion the pattern started March 13, (first corner), April 2nd (second corner) and to complete the "triangle of doom" April 27 (3rd corner). Fundamentals matter, but this is just TA, and am fairly comfortable with a medium term short.
Note
Stalking this short is a lesson in patience... this is how it currently looks on the lower time frames.
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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.