MichaelEugen1

AMZN short off earnings

Short
NASDAQ:AMZN   Amazon.com
Hey all, I'm sure some of you will call me crazy, but I am looking to short with decent size on AMZN tomorrow on the gap fill as they are likely going to see $140/share tomorrow off of their earnings report. I have a very loose stop-loss on this trade as I am extremely confident this thing will, at least, revisit $103 to the downside. In my eyes, it is recreating the same redistribution pattern it made above twice, and is likely going to top out very shortly after earnings. In order to stop out of this trade, something would have to drastically change on the chart, or something would have to fundamentally change.
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