27.11.2014 - Amazon's price has broken through the border of the triangle
Amazon's stock price after the sharp decline to the level of 290 began to grow and reached the upper boundary of the triangle. This situation gives grounds to expect continued growth. Confirmation of a buy signal with the target at 400, will be fixing the price above the local maximum at 345.5. In this case, the stop should be set below 320. We expect price growth in the near future and recommend to accumulate long positions.