Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.09

+2.5%

3:59 PM EST

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To: Olu Emuleomo who wrote (20799)	10/9/1998 1:52:00 AM
From: Jay8088	Read Replies (1) of 164684

OK. I do think you are right, Olu. For a short term, that is. Given strong reversal today, AMZN can very well rally to the neckline on hourly H&S pattern. That would be a rally (tomorrow?) to 100-102 or so. iqc.com However I think that would be another excellent shorting opportunity. And AMZN is definitely not making a new high. In fact , I believe we have seen the all time high price for the stock. But regardless of my bearish opinion, please keep us informed of your TA reading. I appreciate it very much.

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