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  • optionstrader008 optionstrader008 Jan 4, 2013 5:04 PM Flag

    AMZN had 3 larges inverse H&S at top and those break away, 2006, 2008-2009 and one

    if not two before.... HOWEVER this time.... if it breaks, it will fade away in a blink... maybe few days, few weeks.....

    It's only 3 months rev H&S.... not a strong one.... and if you mixte it with fund numbers.... it gives an indication that we could have THE reversal pattern that will bring a long trend down.....

    Anyway, If it happens I'll just increase my short position.... and if it's a double top... I'll just keep writing calls on the way down.....

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