SSS - AMZN Short-Sale Set-Up Looks to Break 176-177 support

Published : March 1 2012 at 10:17 ET

AMZN remains a short-sale target here within an overall head and shouldeers formation. Upside resistance is around the 50-dma at 182-183, give or take a % or two, which would provide a reasonable guide for an upside stop.

We currently have a position in the stock.

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