Amazon-US Possible Weak
21 February 2012 20:38:35 WIB
AMAZON-US
The Amazon stock movement on graph 4-hourly chart looks potential to form symmetrical triangle which there is possible stock price will weaken. Any breach of lower line will likely to bring stock price move down towards support at 166.73 until 148.90. Technically, the stochastic indicator is in oversold condition. Beware if stock price strengthen up that there is a chance stock price will move up towards upper line until resistance at 197.19.
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