BUY! AMAZON.COM INC (AMZN) Nasdaq

  Report No. 922    Analysis by: Harry Aloof     NOVEMBER 26, 1999

AMAZON.COM INC (AMZN-Nasdaq): Technical Viewpoint: From a low of $61 1/8 on Sep 28, 1999 prices rallied, reaching a high of $90.00 on Oct 7, 1999. A decline saw prices pull back, reaching a low of $61.00 on Nov 4, 1999. Another rally saw prices penetrate resistance, closing 11/24/99 at $87 1/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 17, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $79 1/2. Resistance: Is at $90.00. Point & Figure: Reversed to the upside on Nov 16, 1999. A P&F upside reversal takes place at $80.00. Summary: Technical indicators have turned bullish. BUY! AMAZON.COM INC (AMZN-Nasdaq) @ $87 7/8 Stop: Use a protective stop of $85 1/8. AMAZON.COM INC is currently trading @ $87 1/4 plus $5 1/2 on Nov 24, 1999. Price Objective: $122.00. Risk/Reward: $2 7/8 VS. $34 1/8. Today's Risk Reward Ratio: 12:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$122.00 Risk/Reward:
$2 7/8 VS. $34 1/8 Risk/Reward Ratio:
12:1
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