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  • once_on once_on Nov 30, 2012 11:39 AM Flag

    If this breaks through small resistance at $248.80, it pins to $245 by the close

    Breaking through just now brought on the volume - good news for shorts. This will clean up the last resistance at this level and look for $245 by the end of the day.

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    • "Breaking through just now brought on the volume - good news for shorts."

      Are you sad?

    • nonsense, all so "called "support levels" AMZN ever breaks through on the downside, become instant non resistance levels once the dipbuyers froth at the mouth enough to start chasing AMZN back up. the real story is AMZN never has resistance levels and fake breaks of support levels to trap shorts. Just look at all the support levels shorts said we broke from 264 to 218 instantly taken back in no time. And as far as weekly max pain? mostly nonsense. Bet AMZN has closed higher and put max pain to shame in weekly/monthly numbers almost everytime.

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