Wednesday, January 30, 2013

AMZN as another quick trade...

This would be another quick trade, one I'd try to end before 2:15...

This is the first real divergence in AMZN today, it's negative, I'd look for a bounce to the red trendline to short it and have a stop just above that. It's a patience trade, a let it come to you trade, but maybe it makes a new intraday low.

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