Amazon.com Nears All Time And Retreats

Amazon.com

shares are trading lower by $1 at $672.36 Despite a surge of online buying over the weekend, the issue is in the red. After a higher open. it found resistance near$680 handle for the third in a row and the fourth time in tht last five sessions. The recent being Wednesday, when it peaked at $679.70 and Friday when it peaked at $680.99. The rally off the open ended just above the aforementioned levels at $681.29, The ensuing decline has found intraday support at $666 and has rebounded back into the $670 handle.

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