Sunday, November 15, 2009

AMZN - Cleared all walls ... So far...!


AMZN has stayed above all the resistance walls for the most part since I mentioned how it was hitting resistance every which way... It is trading roughly in $30 channels and the next resistance, top of channel, is around $150. Could it go that high? Who knows, the momentum may just surprise us all.. I am not comfortable buying at these levels, but some folks make good money buying high and selling higher!

Good luck!

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