Amazon.com, Inc.
Long
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AMZN: Setting For A Bounce.

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AMZN Is set for a bounce on the 4hrs TF and the Daily will be also Bullish in a couple of days and even tho TFs will NOT be in sync the move can push price just above the $260.00 mark, so make some money and get out.
Remember that $240.00 still on the table for as long as the Weekly remains Bearish.

Play it right.....................Play it safe..................Play it The Numberfive Way.

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AMZN is set for another 4hrs TF bounce ladies and gentlemen but only on the 4hrs TF so don't expect much, probably another 8 point from recent low.
Bears still have control of the Weekly and Daily TFs. Any bounce is just that a bounce to then continue lower untill we see changes on the Weekly TF so for now based on the 4hrs TF just wash.....rinse and repeat.

Play it right..........................Play it safe............................Play it The Numberfive Way.

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