AMZN

19 thg 5, 2014

Looks bearish on the LT time frames as it has just b/o to the downside of the intermediate trendline & also came down fast after the parabolic move to over 400.....looks like it could retest the 198 level which was the b/o level of the 4/12' uptrend....targets to the downside are tgt.#1=278 level which is the .618% Fib ret. level & tgt.#2=247 which is the .764% Fib ret. level with the final tgt.#3=198 levels.....as always watch volume for confirmation