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


To: Rob S. who wrote (13510)8/14/1998 5:40:00 AM
From: Tenpole  Read Replies (2) | Respond to of 164684
 
Rob,

One of the things I like about candlesticks is they can sometimes flag a situation before other indicators. AMZN has shown a good selection of classic patterns over the last few months (bullish & bearish) and when combined with just some simple trendlines and volume, the picture starts to become clear. The support I am expecting next is on the line from the lows of 7/10 and 8/5 - probably around 110. (Having said that, I would still like today - especially as it is Friday - to confirm the star yesterday.)

T