Getting Short the 830 pound AMZN Gorilla

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Watch tonight’s video for a TheoTrade idea. AMZN is displaying a 2 standard deviation move to the upside in the last 10 trading sessions making the stock movement statistically significant whereby providing a contrarian setup.  Additionally, market technicians Jeff Bierman and Doc Severson have pointed out the RSI Laguerre is displaying highly overbought and the Fractal Energy displays the stock has run out of momentum in this most recent advance. Here’s the trade…

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