Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 227.59

+0.4%

3:53 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jan Crawley who wrote (15620)	9/1/1998 4:28:00 PM
From: Rob S.	Read Replies (1) of 164684

I sold puts on both ASND and LU. The chart TA on LU looks great. It looks OK but not great on ASND - good momentum indicators but not as much support as I'd like to see - but it should be helped by a resurge in the sector as well as it's own TA. AMZN will likely remain volatile for a couple more days and may even sell off further. There is no real support level other than that it has dropped 50% off it's highs and now has some renewed luke-warm borkerage coverage. The momentum indicators are signaling a short-term oversold condition. It may sell-off further on WED morning but should bounce.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next