years on the market

Amazon Analysis 08.02.2019

Amazon shares retreated last week's bullish rally to a minor upside between support 1593.27 and resistance 1732.97

The price fluctuates around the moving averages 7 and 20 while the SMA 50 supports the price near 1593.27

The stochastic is moving near the oversold area and if it is able to enter it we will see further declines in price action

General direction of the movement: neutral

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