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Amazon is finally breaking down to a new low for the month. Trading volume is a bit above normal, which indicates increased selling interest. With the stock now trading below $37.05, I'd be short right now, with a buy stop up around $39.60. Cover at $32.
Jan 19 23:39 pm
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All Comments by bankarb »Amazon's Holiday Sales May Disappoint [View article]
Short AMZN