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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Tenpole who wrote (10014)7/11/1998 10:53:00 AM
From: Mike M  Read Replies (2) of 164684
 
<<That might come if the next week completes an evening star pattern with a down move to around 155 after opening on Monday around 175.>>

Thanks, Ten....

For my part, I would expect some kind of bounce from 175, if for only a day.....Not only was 175 support Wednesday but there is a rising channel converging there Monday....

Hard to imagine the bulls giving up completely w/out a fight!

Anything below 175 seems to suggest the next stop is 150's....

Appreciate your astute technical analysis....

Mike
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