I feel a small head and shoulder is building and it is in the early phase of short confirmation. Today it is up because they are adding a customer video review to their site. Any flat or down close today, will confirm a down trend. I believe consumer confidence will also affect online stores. I think AMZN can drop $10 to $78 soon ( 2 weeks). Any idea?
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How do you see AMZN now?
- Thread starter hajimow
- Start date
AMZN will rebound to 100 after making a 2 month base in the lower 80 dollar range.
the indexes will trend higher for the last 2 months of this year
This is the set up for a perfect cup and handle
all the tech stocks are weathering the storm well ...
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=aapl,+goog,+bidu,+amzn
and regarding the next two months, watch out for investors selling hard into december wanting to take the tax losses. any dog that is down now is bound to get kicked a few more times before 2007 is through
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=aapl,+goog,+bidu,+amzn
and regarding the next two months, watch out for investors selling hard into december wanting to take the tax losses. any dog that is down now is bound to get kicked a few more times before 2007 is through