Still Bearish On Amazon (AMZN)

October 10, 2014 0 Comments

A few weeks ago I tossed out a bearish trade idea on AMZN. At the time I was waiting for the lagging line to confirm the downtrend. It did that the the next day.

amzn2

Since that time I have sold a call credit spread on AMZN each week for the past two weeks. I am still looking for a first target of $305.

 

Filed in: Trade Setups • Tags: ,

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