Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (48575)	4/1/1999 12:37:00 PM
From: Rob S.	Read Replies (1) of 164684

Their is no strong TA indicator that it will drop. But it has had a nice run up and most things possible for now should be factored into the stock already. I expect it to continue to meet resistance at the 175-180 level. It could form a new base there or somewhere lower than that, maybe back down to the 150s - just a guess. I doubt that it will gain the momentum to move past the 180 level. Again, not all indicators are lined up pointing one way or the other. This is as much or more my "read" of things than TA analysis.

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