AMZN Follow Up

AMZN is another trade looking like a head fake move, I like these trades because you can get good positioning and they tend to move fast and far.

 Here's the breakout over $200 we were looking for and the 3 candle set up with a shooting star reversal candle yesterday and a bearish engulfing confirming candle today, the candle today closed right around short term support.

 Here's the 1 min intraday positive divergence at short term support.

 While the more important 15 min chart is leading deeply negative.

This is another trade we may be able to short at a little better prices intraday, a break below$200 and the $197 area should send AMZN down fast.