SiliconInvestor
     Advanced Search   [ sign in ]

register
Register

 Strategies & Market Trends : The New Economy and its Winners

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
From: Bill Harmond4/26/2012 4:58:43 PM
Read Replies (1) of 56253
 
16:51 AMZN Amazon.com -- Earnings Mover Update: Huge quarter, Huge Rip...stock launches 13% to test key Nov 2011 resistance zone around 220 level (195.99 ) -Update- -Technical-

Stock blowing out shorts after what appeared to be a pre-release cascade of spec stops under the pattern (sometimes all it takes is nudge). That was particularly costly for anyone who was betting on this report and had a stop in under the 190 support level. If it manages to push through likely resistance in this 220 area, the next obvious spot would be the gap fill from October, all the way up in the 226 area.
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.