With Amazon leaping 27% Friday to an all-time high, it’s certainly a good idea to take a look at its current chart to see the progression that led to this move. Let’s take a quick look at Amazon’s (AMZN) weekly and daily chart.
A friend recently asked me what I thought of eBay and Amazon simply because he figured – as many people do – that because online shopping as a trend is growing, then the stocks of these two particular companies must be surging. Let’s view the weekly charts of EBAY and AMZN to see if this…
I wanted to highlight a few key technology stocks that are bumping up against overhead resistance, whether via the 200 day moving average or prior price levels. Let’s start with everyone’s favorite: Apple, Inc ( AAPL ): AAPL is actually trapped between two levels of prior support/resistance, and should have massive support about the $145…