Do you want to look like a hero with all your investing buddies at work? Here is the trade setup that could put you right there. This one is simple. Watch for Amazon, Inc. (NASDAQ:AMZN) to trade below the trend line (shown in the stock chart below). The approximate price level is $755. Once this happens, pull the trigger on a short and watch Amazon collapse down as low as $600. Once this trend line gives way, there is no major support and the stock will see massive selling. Enjoy the trade setup and look like a hero to all your buddies.
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Amazon.com Inc. (AMZN) Stock Research Links
I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.