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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%3:59 PM EST
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To: Tom D who wrote (64785)6/27/1999 10:34:00 AM
From: Robert Rose  Read Replies (2) of 164684
 
re: athm

My ta shows that the stock has been in a lt downtrend since peaking at 95 in early april. After a recent rebound from 40, athm has bounced down from its 50 ema of 60, through its 20 ema of 54, and currently rests on major support at 51. Its upper resistance is now the high 50s, with good lower support at 40.

Depending on how much time you have to watch the stock, I would gauge the mood of the market Monday AM. If athm is rising, hold until the trend reverses; if athm is declining, sell immediately.

good luck.
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