Entry here with a tight stop offers a favorable a reward to risk ratio. Allow only for a small loss or big gain using a tight stop and target at least 2 times the stop.
Wednesday, September 23, 2009
Low Risk AMZN Short
AMZN has been a great "extremes" trade (stochastics 90+ and extended price) for the past few months, both as a long and short. The stock is again extended, and offers a low risk short opportunity.
Entry here with a tight stop offers a favorable a reward to risk ratio. Allow only for a small loss or big gain using a tight stop and target at least 2 times the stop.
Entry here with a tight stop offers a favorable a reward to risk ratio. Allow only for a small loss or big gain using a tight stop and target at least 2 times the stop.
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