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Amazon.com Inc. Message Board

  • geegenjar geegenjar Feb 7, 2013 11:24 AM Flag

    What happens if AMZN goes above $260 today.

    We know she will go above $260 eventually, but what if she does so today, say in 23 minutes or so.

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    • amzn needs to close firmly above 260...that is the short term support level. I thas tried to push forward back to it, but got turned away hard. Support has been broken imo. The 3 horsemen will be falling one by one...markets are WAY,WAY overdue for a nosedive. This may be the longest bull run in the history of the markets without a 10 percent or better correction. This most likely means a much bigger correction than anyone ever anticipated is coming.

 
AMZN
528.50-2.91(-0.55%)12:34 PMEDT