Amazon.com (AMZN), Pharmasset (VRUS) Look Set for More Downside

Amazon.com, Inc. (AMZN) – spent all of last week consolidating beneath its key moving averages which forecast another move lower. We can anticipate a move down to prior minor support at 175 and than potentially to major support at 160 over time. Best entry would be at or near 189 with tight stops at 192. Pharmasset, Inc. (VRUS)- after suggesting this stock as a long, we got a breakout early...

View the full post at http://blog.t3live.com


Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: BiotechnologyConsumer DiscretionaryHealth CareInternet Retail
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!