AMZN Update

AMZN is another I've been looking at for a head fake move, the trigger here is under $200, but we may see a bounce off $200 and that may be tempting to short in to that.

The AMZN reversal and $200 coming up. If I had to guess, I'd say there would be a break of $200 before any bounce, but there's a 2 min intraday positive divergence, so I'm assuming AMZN will bounce a bit before really slicing through $200, they'll hit the stops there first and then try to take out any new shorts that entered on a break of $200, at least that's the normal way of doing business these days.