Maintaining our interest in the tech end of town if we see a decent pullback in the coming weeks AMZN has followed our technical path for the last year perfectly plus we like the business with the main question being what price to pay, ideally the e-retailer will pull back towards its early March lows where we see a great risk / reward opportunity.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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MM is keen buyer of Amazon.com (AMZN US) into decent weakness under $US3000
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