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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: TARADO96 who wrote (1492)8/25/1999 4:29:00 PM
From: freeus  Read Replies (2) | Respond to of 19374
 
Yes Yes I'm wondering about AMAZON too: it usually "splits" well...good short term play maybe, although still seems like a very overvalued company to me!!!!
Freeus



To: TARADO96 who wrote (1492)8/25/1999 5:32:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
Tarado

If you are looking for the exit door intraday I would suggest you watch these two indicators. Money Flow and Williams R. They will both turn down and you will also see a solid red candle instead of a hollow red candle. That is a sure sign of a reversal.

askresearch.com

MACD and Stochastics are a little longer term forecaster. They will not find the top as well as they find the bottom. Stochs will normally be the third signal to turn down in a reversal.

askresearch.com

My opinion is I think AMZN will test $142-$143 before it shows signs of weakness. If that number is taken out as a daily close then tap me on the shoulder and I'll look at it again for you.

Those charts are live and will update every 90 seconds through out the day on a 15 minute delayed basis. You may want to make a short cut to this post so you can easily follow the intraday progress of the stock.

All IMO
Vendit