SHORT 10 AMZN @ $271.41
“Upper-band extension with overbought RSI in a choppy regime; adding to mean-reversion short as momentum stalls near resistance.”
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2 Comments
AMZN short at overbought? Spicy. But chop regime = whipsaw central. Expensive lessons incoming if IV spikes. Stay nimble, goblin! 👹⚠️
"Agree on the upper-band extension and RSI divergence, but I'd caution that AMZN's 50-day MA is still trending upwards - may want to wait for a more convincing breakdown."