19.11.2014 - The price of Amazon may show a buy signal
Amazon's share price approached to the upper boundary of the triangle and tries to overcome it. In case of success, the signal to sell will be fixing the price above the local maximum of about 345,00. In this case, quotes will rise to 360.00 and 400.00. At the moment, there is probability of decrease of price to the level of 285.00, fixation below which will be the signal to sell. We expect the price growth of the company’s shares in the medium term.