Short AMZN tomorrow? 12/27

That RSI is getting pretty high.

 

Rickshaw Man says no, because the Fed keeps printing money.

 

and it might just stay there for some time

 

It might...but you've gotta play the odds.

 

your choice mister.
over the next few hours / days,
You have to decide whether to buy first, or sell first, or don't trade AMZN.

 

Why fight the trend

 

That’s up to you but I wouldn’t. I always trade with the predominant trend. Fighting the trend always gets me burned.

 

There are other factors that suggest selling too. Historically, when AMZN has a big run up and volume is higher than normal (like over 6 million shares traded), there's almost always decent pullback the next day unless amazon had been trading high volumes the previous days.

Im looking for an 1828 to 1848 closing price tomorrow.

 

Following the trend is so easy. BTFD FOREVA

 

I'll be short 20K delta MIT from 1878-80 tomorrow.