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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST
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To: Mark Fowler who wrote (46873)3/23/1999 10:08:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
Mark,

Do you think amzn will bounce off the 126 level, or do you see the drop continuing. My own reading of the chart does not show a bounce level at 126. Instead, I see the support at 120. Previously, when amzn reaches 126 in the down direction, it just keeps going down. However, it has bounced up from 120 several times.

edit: Personally, I would not add to my long shares until 121.
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