AMZN - Analysis for 09.11.2007

Monthly chart shows current resistance to be at the .786 fib level. Upside momentum remains in place.

Weekly chart shows price to be testing the current high at $89 level. Upside momentum remains in place.


Daily chart shows buyers wanted to get into the stock, by gapping up the price at the open of trading today. Look for potential run to test all time highs at $113.00