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Daily Archives: August 25, 2014

$AMZN New Trade Alert

Amazon.com Inc is an online retailer. The Company sells their products from website. It also provide services, such as advertising services and co-branded credit card agreements. $AMZN is hovering over recent swing high resistance, and it may become hard to breakout above this overhead resistance. We want to take a new position here. Please, see the

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$QIHU Hit the target

Last week, we recommended a short position, and we want to take some of the profit. Now price hovering over 3-EMA which if closed below it may send another leg downward to previous swing low at $89.36. We recommend to take at least 50% off the table and hold the rest. Trade Update: Sept 95

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