No Trades Yesterday, Almost AMZN

April 17th, 2007

AMZN would’ve been a nice trade yesterday and it’s one that I almost took. It seemed too far away from the 5EMA, but that third candle was a strong hammer on the 80.9 fib retracement.

AMZN, 2007-04-16

Maybe there will be some opportunities today with the S&P making new highs.

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