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


To: S. M. SAIFEE who wrote (57055)5/17/1999 2:56:00 PM
From: Olu Emuleomo  Respond to of 164687
 
If it breaks 120 then will go thru 95 and to 50....

I really cant see AMZN *closing* below 100. It could spike thru' it intraday, but the elephants will come out to play once it approaches 100. Why? Cos the 200day EMA is at 102; and that's usually
a safe TA point to buy, especially if the decline is mkt related and not specific to AMZN.

--Olu E.