Graignm09

IS AMAZON RESPECTING CURRENT RESISTANCE?

NASDAQ:AMZN   AMAZON.COM, INC. - COMMON STOCK
AMAZON!
I believe that if prices penetrate through our resistance zone(1525.00), we could potentially go on to highs of 1575.00/1625.00.
However!
I was expecting some turbulence at this key level(1450.00), so prices could swing lower in actuality.
The way I would approach this is to just sit on my hands for now until prices swing, higher than current resistance or lower than our key level!
If prices do however swing lower we could see prices diminish down to the 1325.00 Zone!
Enjoy!

Volume: 6.581M
EPS: 4.69
Marke Cap: 726.282B
P/E: 327.78[
/b]
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