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ajtj99

02/06/09 7:05 PM

#140031 RE: hawk #140028

hawk, the break up on AMZN has an implied target of about $81. However, often times these break-ups go half-way and then back-test the break-out. It may get a double top around $70 and then back-test the $62.50 area, consolidate, and move up some more.