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Amazon.com, Inc. Message Board

  • ajmanieri ajmanieri Mar 22, 2013 3:38 PM Flag

    Question - based on this weeks price action . . .

    would it be fair to say if it was going to take out 252 with conviction it would have done so? I am troubled by the lack of volume on any bounce . . . what do you guys think?

    seems if it was going to challenge under 250 this was the time . . . and it didn't . . .

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    • This was option BS today that was easy to move it on low volume. I am confident it will erase today's gain on MOnday and head lower from there. Think of this as a breather after a 24 point drop in the last 6 days. Giving $3.50 back on low volume on day 7 is no big deal and is not breaking the trend on its own.

 
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