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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Rob S. who wrote (10389)7/15/1998 1:51:00 AM
From: Tenpole  Read Replies (1) of 164684
 
The MACD,
stochastics, and RSI are still in a negative trend but the momentum may have shifted.


Fast Stochastic has just crossed, RSI turned up but ADX is declining. It is the MA's that I find interesting at the moment (7,14). The recent advance used the 7 dMA as support, touching it 6/19, 6/20, 6,30, 7/1. It then broke it with a gap, stopped, broke the 14 dMA with a gap before coming back to the 14 dMA as resistance and then yesterday closing just above the 7 dMA.

The 7,14 is converging for the first time since all of this began. What price a cross to the downside?

T
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