Last Update: 4.22.13

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4.18.13 Thursday

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(65mins) Yesterday Mid-Day (Bearish @ $268.03)

(65mins) Today 1 Hour In

Double top neckline is tested, failed, stock tanked.

(Daily) Downtrend Channel with Lanes

Looking at this daily chart, I am setting my target at around $253-$248 (bottom of the channel).  25th is the ER so I have about a week before I have to get out of this trade.  I think I will have plenty time as when $AMZN moves, it moves.

Closed 1/2 of My Bearish Positions @ $257.11

(1 Hour Before Close)

Riding other half and holding overnight.

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4.19.13 Friday

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Added More Bearish Positions @ $261.85

Added some bearish positions on a pull back earlier today and so far doing well. Holding positions over the weekend and $250 target next week.

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4.22.13 Monday

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All Positions Closed Out @ $263.44

Done trading $AMZN until after the ER (25th after close).