AMZN

2012-09-14: AMZN opened today at $261.38, 0.44% higher than yesterday's close. With mixed trading, the price close with no notable movement after todays trading session. AMZN had a bit of interest by investers today, it traded with volume 17.31% above the 20 day average. The stocks 30 day trend increased to 13.2% from yesterdays 12.2% . The 10 day trend also increased by 0.8% to 6.11%, showing the current trend is still holding.

Test Results
__________
Buy level: 31.0 Sell level: 84.0, Return: 75.85%, Total number of trades: 5
Win Percentage: 80.0% , 300 day natural growth: 16.45%
__________
Current level: 63.4 The SF trade systems position on AMZN: Not currently bought The current trend has been identified as going up, There is no resitance level above current price. The trend start on 2012-09-14. The average movement in between our identified highs and lows are 8.98%



Support : Resistance


Price Strength
239.05 6.0
230.02 10.0
223.58 31.0
220.52 31.0
212.29 75.0
199.23 1.0
196.23 12.0
188.1519.0

Plotted on chart. Click to enlarge image.



     Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Websites, such as amazon.com and amazon.ca. The company serves consumers through its retail Websites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on company’s Websites, and their own branded Websites. In addition, the company serves developers and enterprises through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment services; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.

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