Amazon.com
שורט

Amazon Bear Flag

מעודכן
So Amazon was looking quite bearish after the last earnings report. Services & Products both down heavily.
There hasn't really been a recovery and now that the growth has stalled I would expect that P/E of 59 to start dragging the company down.

Personally I see us dropping either the middle of this channel or bottom depending on the earnings.
If the earnings are bad enough we could dead-cat drop to low 90s.


This is really just some quick napkin thinking.
הערה
Microsoft Miss
Google Miss

After hours pump also impacted Amazon. I have a short position in play for earnings. hopefully no surprises.
הערה
To the Moon!
I added a 130 put for Jan 2023.
Chart Patternsopinionshort

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