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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (32093)10/5/2000 5:09:09 PM
From: bobby beara  Read Replies (2) of 42787
 
I think AMZN is still forming a right shoulder of the inverse H&S as long as it holds 31, but would like to hear from others. <<<<

shread if you look at a weekly or monthly chart of amazon, there was a firm area of support at 41 area, this rally after broken support did a tail into that top, turning support into resistance, if you look at the weekly or monthly candle, i think you will see amazon, minimum retest the lows or break em, they may have a gorilla of a brand name on the internet, but if the business model doesn't include making a profit, what good is it.

just a little bull $heet = fwiw -g-
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