AMAZON.COM INC (AMZN-Nasdaq): Technical Viewpoint: From a low of $122.50 on Aug 31, 2010 prices rallied, reaching a high of $161.78 on Oct 17, 2010. A decline saw prices pull back, reaching a low of $ on Sep 29, 2010. Another rally saw prices penetrate resistance, closing 10/15/10 at $164.64. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Oct 15, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $157.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Oct 15, 2010. A P&F upside reversal takes place at $158.00. Summary: Technical indicators have turned bullish. BUY! AMAZON.COM INC (AMZN-Nasdaq) @ $165.13 Stop: Use a protective stop of $162.38. AMAZON.COM INC is currently trading @ $164.64 plus $9.11 on Oct 15, 2010. Price Objective: $190.00. Risk/Reward: $2.75 VS. $24.87. Today's Risk Reward Ratio: 9:1