Stock Technical Analysis: AMZN Breaks Out of Pennant
Written by Sidney on November 10, 2009
This is a follow-up on my earlier post on Amazon.com (AMZN) on Oct 31, 2009. Stocks of AMZN had broken out of its pennant formation 2 trading sessions ago on increased volume and is now hovering around all-time highs, triggering a buy signal.
AMZN bought today at $127.84, and added to our portfolio!
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