• apspice
    AMZN sitting this rally out today, topping?
    5/1/12
    Reply (6)
    • OneLongTrade: I think it can run to $240 first.
      5/1/12
    • apspice: could be resting, had all the momo since ER and now broad rally and it is flat
      5/1/12
    • OneLongTrade: Well to be fair it was up over 2% yesterday when Nasdaq was down 0.8%. It's still positive today and resting for a move higher.
      5/1/12
    • OneLongTrade: I don't think it's a long by any means, but I think it's too early to short.
      5/1/12
    • apspice: Right, agree w/ u on that. just seeing signs that momo is leaving is all.
      5/1/12
    • Youngone91: i said yesterday that it looks like a short. never manages to stay above 220 very long
      5/1/12