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AhilanThurairajah

AMZN in Wave C down trend

Short
Amazon.com (NASDAQ:AMZN)  
AhilanThurairajah  
NASDAQ:AMZN   Amazon.com
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Yesterday I published my reasons to initiate a bearish trade at $381.00.

Today it hit that target. I purchased May 2014 $360 PUT at $11.00.

This PUT options are now trading at $14.45.

Stock price is still above the support line. Expecting it to break the support line in a day or two.
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