24.10.2014 - Amazoncouldnotfallbelow $ 300 pershare

Amazon price reached the psychologically important level of 300.00 and rebounded of it. Currently quotations are consolidating within the triangle. To determine the medium-term direction is necessary to wait for the price moving beyond the triangle. Sell signal will be fixing the price below the level of 290.00, a buy signal will be fixing the price above 345.00. The potential of movement after going beyond the figure will be around $ 80-90. In the near future the growth of quotations is likely to continue.

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