Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Peter V who wrote (9317)	7/7/1998 9:52:00 PM
From: umbro	Read Replies (5) of 164684

107 to 114 looks like next stop. Last Thurs, AMZN gapped from about 114 the previous day, to 121/so. If you're a believer that gaps like that have to get filled, then we should see AMZN trade down in the 107 to 114 area before it finds support. If traders are truly nervous ahead of Yahoo!'s earnings report, then what we might see is an early bounce, and then they let the stock down hard into the close, leaving it in the 107 to 114 area. That would make a nice place for a reversal to the upside on some exubrant YHOO earnings and split news. Then, maybe a retest of AMZN's highs? Just a theory ....

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