Volume has died out pretty nicely since Amazon.com (AMZN) gapped up most recently in July. We began coverage of Amazon as a stock baseout watch before the July gap occurred and now the stock has filled the gap, found support at its 50 day moving average, and has moved very nicely back up towards $85. […]
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The recent breakout from Amazon.com (AMZN) is magnified by extensive short covering which only helped the stock shoot higher. I covered Amazon this past weekend and said to watch for a breakout with earnings past $75.50, which is surged past in after hours trading yesterday. Keep an eye on the stock’s key technical indicators and […]
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A beautiful chart of Amazon.com (AMZN) showin a run over the last three months that really is impressive. A and B represent past possible buypoints on this stock, and now with earnings come up in the near future will more be to come? Friday showed a distribution day, but regardless our next buypoint is $75.50 […]
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Filed Under Amazon.com |
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