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Wednesday, July 25, 2007 

Trade Ideas for Thursday - BOOM , CROX and AMAZON

Chart courtesy of stockcharts

Amazon shares shoot upwards to all time high, after reported strong earnings and a respectable outlook. Amazon said its second-quarter profit more than tripled thanks to strong sales of books, music and electronics worldwide. Well, I have to confess that this movement wasn’t a surprise for me, since the start of the year that Amazon shares still beating the performance of the market, and any good news coming to the market could pull the share price to new highs, and today was the confirmation of the movement - Bullish chart.

Chart courtesy of stockcharts

Keep an eye on BOOM shares for a possible breakout over 40.50$, to confirm intraday breakout at 40.94$.

Chart courtesy of stockcharts

Keep an eye on CROX for a possible breakout over 49.70$. I will be watching it closely.

Stock to watch tomorrow : AAPL and BIDU

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

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BIDU shares just BLOW UP in after-hours !!!

Hi AC !!!

I believe that BOOM will breakout soon, it's obvious.

Regards,

Peter

Hey guys !!

AAPL runs 9% in after-hours, another big player for tomorrow.

John

Hi all !!! Congrats AC !!

Take a look at Symantec today, it will be also another big player to watch, and for sure another breakout stock.

Stefan

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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