BUY! AMAZON.COM INC (AMZN) Nasdaq

  Report No. 1112    Analysis by: Harry Aloof     SEPTEMBER 6, 2000

AMAZON.COM INC (AMZN-Nasdaq): Technical Viewpoint: From a low of $32.47 on Jun 23, 2000 prices rallied, reaching a high of $43.94 on Jul 17, 2000. A decline saw prices pull back, reaching a low of $27 7/8 on Jul 31, 2000. Another rally saw prices penetrate resistance, closing 9/5/00 at $45.69. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 23, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $36 1/4. Resistance: Is at $52.19. Point & Figure: Reversed to the upside on Aug 24, 2000. A P&F upside reversal takes place at $42 1/2. Summary: Technical indicators have turned bullish. BUY! AMAZON.COM INC (AMZN-Nasdaq) @ $46 3/8 Stop: Use a protective stop of $43 3/4. AMAZON.COM INC is currently trading @ $45.69 plus $4.19 on Sep 5, 2000. Price Objective: $66 1/4. Risk/Reward: $2 5/8 VS. $19 7/8. Today's Risk Reward Ratio: 7:1

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

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Price Objective:
$66 1/4 Risk/Reward:
$2 5/8 VS. $19 7/8 Risk/Reward Ratio:
7:1
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