Amazon is opposite to GPRO, you couldn't imagine that AMZN would go so far, and you couldn't imagine that GPRO would go so low.
dont you guys a bit worry about the S&P shape? i never use technical analysis but hell look at that pattern. and look at 2000's... 2008's... i got some naked puts for the current month, got to sleep with one eye open
LOL. What's funny is that I'm not even a stock guy. My Amazon forecast was based purely on what the shows were showing.
Here's the thread that I was talking about. http://www.elitetrader.com/et/index...y-h-s-neckline-will-break-today.287316/page-4
I know this is an old thread, but I didn't want to start another thread about amazon. Just posted a video about my thoughts and why I'm short AMZN
Good. Excellent to at least hit 580 in the session. No slippage in the A/H. We'll know more in the premarket tomorrow.
This stock traded in a range of 6-7 dollars a share today, unusually tight. I'd expect a resistance test today.