AMZN is currently trading above resistance at $143.71
AMZN’s seasonality index suggests that December tends to be a historically bad performing month for AMZN so I think this is a great opportunity to setup an options short with puts expiring at the end of December.
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DISCLAIMER: Please note that I am not a financial advisor. The content in this video, as well as all videos on this channel are based on my personal perspectives, opinions, and analyses of the financial markets. This content is for informational and educational purposes only, and should not be construed as financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.
Why would December be a down month for AMZN when huge buying season?