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Amazon Major Trend Line To Watch

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April 16, 2012 – Comments (0) | RELATED TICKERS: AMZN

Amazon.com, Inc. (NASDAQ:AMZN) hit a major trend line once again today. Note the chart below. This level has been hammered on for months and will eventually break. Look for the stock to see a multi day bounce while forming a bear flag. Next time it goes into that level, it should break. The target would be $167.00.

Gareth Soloway
InTheMoneyStocks.com

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