Thursday, January 19, 2012

Amazon Update

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Amazon reports earnings on the 31st, expectations are that the Kindle Fire will be better than forecasted. On the chart it continues to rally strong since breaking out of the Falling Wedge formation ITZ noted READ.
Price Objective near term $200.

1 comment:

Charles Biddle said...

Nice chart guys. I think they report on 01/31 though.