Submitted by admin on Mon, 10/05/2009 - 07:51
Posted in
Amazon has formed a second top. It has been consolidating here between $90 and $94 per share for a couple of weeks.
If you look at a two year AMZN chart it looks like a large head and shoulders pattern that hasn't broken out yet. If AMZN breaks out to the upside. It could be a very profitable ride. Stay tuned.