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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (67252)7/12/1999 12:46:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 164684
 
>>I am sorry but I do not see.

Then take the blind fold off.

Long Term all three completed an abc correction for the April- June decline. YHOO already confirmed that it's not a new leg up by overlapping the 6/21 high. AOL will confirm if it will trade under 116.

AMZN's rise from the June low created a beautiful rising wedge on closing basis, which was broken last Friday.
Shorter term
- 13 day sma already flat and currently at 120.1 . Almost there but not confirming yet. If we trade under 120, and esp if we close under 120 is confirmation.
- 8 days H&S has neckline at 120 or 122. Almost there. Again trading under 120 will confirm.
YHOO selling off after reporting good results. Think AMZN holders will wait for earnings? Is there anything to wait for?

ATG