Yesterday, I said that I had added Amazon.com (AMZN) as the newest short-addition to my portfolio. It was hard to do so, with the nasty backlash the bears got at the expense of futile optimism on Bernanke’s behalf. Nonetheless, I got in at 119.10 with a stop at 127.60 and an initial target of 102.19. There’s a huge gap to fill at $110, that if it breaks, it will drop hard and fast.
Here’s the Chart on AMZN and My Analysis.
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