AMZN has been griding between channels with not so great technicals. In light of the market reactions to all the great earnings thus far from MSFT AAPL and AMD, I am inclined to sell into strength and possibly play the expected move.
The market is stressed; the system is stressed. I love AMZN but I don't love the tape. So I will wait.
The market is stressed; the system is stressed. I love AMZN but I don't love the tape. So I will wait.