AMZN @ 60$, thoughts??

T

thesharpone

AMZN has dropped 20% from it's recent high of 101$, it has dropped ~10% within last 2 days, I've been short AMZN for a while now, I covered most of it, but am still short some, what do you suggest? cover shares at around 80$ or wait for a 20$ drop to 60$?

What is the next resistance, 74$?
 
Don't call a bottom, unless you see a reversal formation on the bottom keep pressing it. When you are right you press even harder.

Anek
 
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