years on the market

Amazon Analysis 15.02.2019

Amazon is moving sideways between 1589.27 support and resistance at 1677.92.

The price fluctuates between the 50 and 20 moving averages, which form a kind of channel in which the price moves within which the average 50 supports and 20 is the resistance.

Stochastic is in a bullish upward path towards the overbought area and if it is able to reach it we will see more price action.

The general direction of the movement: neutral.

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