Amazon.com, Inc. (AMZN) Message Board

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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: Glenn D. Rudolph who wrote (19324)	9/30/1998 9:57:00 PM
From: M. Frank Greiffenstein	Read Replies (2) of 164684

My hand at TA: bigcharts.com You can see that AMZN bounced at 108 for a good reason: There was a lot of buying at the level, as you can see by the volume bars on the left axis. 108 is also the 60 dma. Looking at the bottom indicator of Money Flow, you see that the indicator has been flat during the most recent run up (I think OC pointed this out, or maybe RobS). This means that price up ticks are not associated with higher volume. If AMZN pierces 108 tomorrow, it could be a very good fall. DocStone

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