Amazon.com blew away earnings expectations on Thursday, October 22, 2009. The stock has surged ever since, and is well on its way to its inverse head and shoulders target of $140 per share. AMZN has found strong resistance around the $120 level, or 10% shy of its price target.

Although earnings were great, the stock has moved to inflated levels and will eventually head much lower. Sounds like another dot com bubble in the making.