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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Jan Crawley who wrote (13956)8/18/1998 7:15:00 PM
From: Tenpole  Read Replies (2) of 164684
 
You mentioned TA...

I reckon it has got room to move to 133 from this point and stay well within its range. Today's move (based on the relief the markets felt on discovering that the President is a liar - sell the rumour, buy the facts) could well be challenged given the low volume which is part of a gentle trend down. (RSI could take 1 more day up happily...stochs crossed down yesterday.)

The perfect signal would be for it to gap up on the open and then trade up to 134 before closing within 1 1/2 of the open. With volume.

T
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