20 January 2014 – Where’s AMZN (Amazon) heading?

The stock price of Amazon caught my eye. Up or down? Well, the long-term trend is unquestionably to the upside, but over the last several months price has hit successively lower highs, and there must be an awful lot of stop-orders ready to be triggered below 280.

AMZN

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s