Amazon shares in focus after upgrade
Wednesday, January 02, 2008
( Monday close ) Chart courtesy of stockcharts

Amazon shares are trading very well today, reacting to Citigroup news that have upgraded the stock's rating to "buy" from "hold", saying the online retailer has one of the best outlooks for Internet stocks in 2008. Looking at the daily chart of Amazon, stock is trading in a strong Bull Market and a close todau above $96 mark, will push stock to near the highs of October. So , keep an eye on Amazon to see if this breakout will occurs today.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

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posted by Pro Investor Trader at 11:07 AM | Permalink


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