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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (3122)5/22/1998 12:26:00 PM
From: Ms. X  Read Replies (3) of 34811
 
AMZN: And yet again, another breaking down.

Without even knowing P&F, you can see this stock is in some trouble.
It is giving lower tops and today it may break the bsl.
All momentums are negative.

102
100 --------------------------------X --* ----------------------------
99 X O X * X
98 X O X O * X O
97 X O X O * X O
96 X X X O X O X O
95 ------------------------X O X O X O X O ----X O 5 ----------------
94 X O X O X O O X O X O X
93 X O X O X O X O X O X X O
92 X O X O O X O X O X O X O
91 X O X O X O O X O X O X
90 ------------------------X O X --------O ----X ----O X O X O X O --
89 X O X O X O O X O X O
88 X X O X O X O X O X O
87 X O X X 4 O X O X X O O O Todays movement.
86 X O X O X X O X O X O X O X * ? Could reach 86
85 --------X O X O X O X O X O ----------O X O X ------------* -----and break the bsl
84 X O X O X O X O O X O X *
83 X O X O O X O X O X *
82 X O X O X O X O X *
81 X O X O X O O X *
80 --------X O X ----O ----------------------O X --* ----------------
79 X X O X O X *
78 X O X X O * O *
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