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

To: Olu Emuleomo who wrote (59210)	5/31/1999 12:04:00 PM
From: Mark Fowler	Respond to of 164684

Could AMZN stage a rally back to close to 175-200??<< This looks like a long-term H&S. Yes Olu i do think it will maybe later in the yr., Near term though i think the market is going to hold back on Amzn a bit, a wait- and -see- what- happens mode. Plus there might be some near term delution as some bond holders might want to convert at the lower prices on Amzn. I think Amzn will trade between 110 and 142, back to the 50 Ema. AT 140 there's a lot of resistance, if Amzn gets over this and holds it will be very positive for the stock near term., imo, 200 ema was the bottom.