Amazon (AMZN) is hitting up against resistance and if the government shutdown continues, AMZN is going to take a huge hit -- likely to $290 or possibly $280.
Testing Highs
The stock is also testing the highs reached in July, which also represents the underside of the highs reached in September and early October.
Right now is the time to get short on Amazon with a stop-loss at $312.
Here's Setup:
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