Amazon Revisited

The last time we looked at Amazon (AMZN) together, there was a rather healthy price cluster setup where we did not end up making the key upside target (unless you counted the after-hours print near the target after earnings). But we did see a rally of just over $23 from the original cluster low and then it started to fail. If you used a trailing stop as recommended, you would have been stopped out with some gains. 

There were actually multiple entries against the original setup. Now that the old setup zone has been violated, let's take a look at the parameters in this stock all over again....481 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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