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


To: Jan Crawley who wrote (55342)5/5/1999 12:03:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
AMZN should find support coming in at 125. It may see a bounce before that but is more likely to fall to that level than hold above it. It fell through the small amount of support it should have had at 155 very quickly but there was more time spent at the 125 level. I think Amazon will not crash through the 110-125 level quickly. If it hits that low this time, it is very likely to bounce off of it, IMO. That level might not be breached until this summer.