Wednesday, September 22, 2010

Sept. 21: SLW, AMZN short

2nd is an inside bar closing weak and just below PDL. Short on the break of ORL. Covered partial at S2 and the remaining near $24 mark.

AMZN has had a nice run the past few days. It just needs to rest a little before it move up further. Started to scale in on the spinning top and added to the position on the break of the trendline. Covered near the $150 mark which also happened to be the daily pivot.

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