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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (2)6/21/2001 2:56:09 PM
From: HairBall  Respond to of 1328
 
Amazon Intraday Chart...

My QCharts "Intraday" – AMZN (Amazon.com Inc) 130-Min Semi-log Chart
If you have been trading this bounce for Amazon keep an eye on the horizontal and falling resistance lines coming into play at this time. My shorter-term intraday technicals support a pullback at these resistance areas. Of course, a break above, not just a penetration could negate my read and would suggest a rally extension before a retrace.
marketdirectionanalysis.homestead.com

How to Interpret My Charts
marketdirectionanalysis.homestead.com

My Nine Trading Rules
marketdirectionanalysis.homestead.com

Regards,
LG

Disclaimer: The above is my opinion only and I reserve the right to be wrong. Do not base any investment decision solely on any one person's views or analysis. Do your own research and take responsibility for your investment decisions.