I have been Bearish on Amazon since the highs, in fact starting being Bearish at 820. I think that a lot of AMZN money over the past few years will now be flowing into AAPL and GOOGL. I see a major top with 4 lower highs and this is worth a short for a trade. Short below 757 with a stop above 783.
*None of this is trading advice and only my opinions.
12/16: This trade is now OPEN
12/29: Still Open. If the market rolls AMZN and FB are getting hit.
01/05/17: Tech is perking up, getting out of the way for this AMZN, if it drops today’s low I will try it again