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Amazon.com Inc. Message Board

  • bozolover31 bozolover31 Sep 6, 2012 11:42 AM Flag

    AMZN breakout watch above 250.85

    here we go again with a continuation breakout

    from StockConsultant website

    BREAKOUT WATCH for possible breakout above 250.85, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 265.3, 5.9% Stop: 245.89, Loss: 1.9%, Profit/Loss ratio: 3.1 : 1 - Excellent

    CURRENT PRICE 250.55, at resistance, 247.6 ± 3.22, type single, strength 2

    RESISTANCE ABOVE None.

    SUPPORT BELOW -4.7% at 238.8 ± 3.1, type double, strength 9
    -7.7% at 231.2 ± 3.01, type triple, strength 7
    -10.5% at 224.3 ± 2.92, type triple, strength 10
    -13.2% at 217.5 ± 2.83, type triple+, strength 10

 
AMZN
287.06-26.12(-8.34%)Oct 24 4:00 PMEDT

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