Thursday, July 29, 2010

Amazon.com Inc. ( NasdaqGS: AMZN ) has hurt itself ... technically

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In today's video we look at the technical aspects of Amazon and see
what's causing it not to go up at this point in time.

Analyzing the market in-depth, we can see that Amazon has hurt itself
technically. According to the chart, we can anticipate that it is going
to take some time to repair or even overcome the current level resistance.
This new short video outlines the areas we feel must be challenged to
change the present trend. We also look at some downside target zones that
may be possible for this stock.

As always our videos are free to watch and there are no registration
requirements.

We would love to hear your thoughts on Amazon.


All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

Website -  Amazon.com
 
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