Weekly Double Bottom

Amazon could possibly be a weekly double bottom, similar to the weekly double bottom we traded in $F in 2012 into 2013.  The risk/reward is just too great to pass up.  I personally have an alert set to bail below last week's low rather than the October low because if this is going to fail going into the holiday buying season, something is definitely wrong (so why risk more).  Time in the market probably 9-12 months, possibly or more.

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