I am keepong close tabs on Google, Apple, Amazon, Facebook and Twitter at the moment.

The issues seen in the past week with Parler being kicked from stores and Trump being banned highlight some problems from the legal sense to possibly come in the future, so i have a shortside breakout bias.

Most shares are already down on the immediate, the next run im watching on is for how senior lawmakers respond, adding fuel to the fire on the anti-competition hearings probably wasnt a great idea by the mega caps.

For now I am in a wait and watch phase for all these companies.

Amazon contracting wedge waiting for a breakout.

Jan 12 2021

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