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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Olu Emuleomo who wrote (68530)	7/21/1999 1:55:00 PM
From: Mark Fowler	Read Replies (1) of 164684

Olu- it's hard to draw conclusions from Yhoo's chart. But on Yhoo's weekly chart has a potential H&S top or continuation?? So far I notice the decreasing volume on each rally ... On daily chart an inverse H&S setup forming measuring to approx. 215... yesterdays low or 140-137 needs to hold/reverse or it will possibly retest lows at 117...this all depends on where the IIX is headed near term we took out support at 304-310 yesterday , it could be a one day shake out past 50ma, i would think possibly near term the next number to watch is 284 on this index, if this does not hold here...

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