AK84 wrote:AMZN breaking out . June 190 calls reccomended.
I think there debt load may be to high for much of a push up. They may start tending down.
im talking strictly from a trading perspective. by no means would i ever dare to hold amzn for long term because of its valuation . from a technical trading perspective, triple top breakout .
Fundamentally if u look at their eexpenses, they are on the rise given their foray into new spaces such as cloud and VOD...hence higher expenses that should hopefully translate ino higher profits .
further pullback as I said, although now on support and I have no other evidence but my guess is there's more on the downside, we'll see.
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ok, further pullback as I said, now we watch the trend line as long as it's intact, don't buy.
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BullBear52x wrote:GM,
Wow! we are in the red, this is unreal. lower highs intraday since openning. no way.
yeap, very rare to be in red before FOMC announcement.
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critical time, make it or break it. it's L2 short.
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failed l2 short, bears didn't make it, now the chances are higher to go up from here.
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