user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 521818 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Amazon.com (AMZN) Crosses Pivot Point Support at $270.15

Published on Mon, 06/24/2013 - 10:06
By Mallory Stone

Shares of Amazon.com (NASDAQ:AMZN) opened today below their pivot of $273.00 and have already reached the first level of support at $270.15. Should the shares continue to fall, the support pivots of $266.95 and $260.90 will be of interest.

In the past 52 weeks, Amazon.com share prices have been bracketed by a low of $212.61 and a high of $284.72 and are now at $267.87, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.

There is potential upside of 17.3% for shares of Amazon.com based on a current price of $267.87 and an average consensus analyst price target of $314.12. The stock should find initial support at its 50-day moving average (MA) of $266.42 and further support at its 200-day MA of $258.02.

Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company's products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $119.06. So fa ...

Shares of United Rentals Rise to a New 5...

United Rentals (NYSE:URI) traded today at a new 52-week high of $119.50. So far today ...

Union Pacific Looks to Continue to Trade...

Shares of Union Pacific (NYSE:UNP) traded today at $106.55, breaking its 52-week high. ...

Unum Group Looks to Continue to Trade Ab...

Shares of Unum Group (NYSE:UNM) traded today at $36.75, breaking its 52-week high. Thi ...

Watch for Continued Gains in Shares of U...

Shares of United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.55. ...

Watch for Continued Gains in Shares of T...

Tata Motors (NYSE:TTM) traded at a new 52-week high today of $48.64. This new high was ...

Shares of Tesla Motors Inc Rise Above Pr...

Tesla Motors Inc (NASDAQ:TSLA) traded today at a new 52-week high of $284.89. This new ...

Trinity Industries: The Winning Streak C...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $49.65. This new h ...