years on the market

Amazon Stock Analysis 03.05.2019

Amazon made a new high near 1951.00 and then rebounded towards the 1890.43 support line to test it but could not break it.

The price fluctuates below the 7 and above the 20 and 50 moving averages that support the price to rise and continue on the upside.

Stochastic begins to lose momentum and moves towards a saturation zone.

The expected movement between the support 1765.27 and the resistance 2050.80.

General direction of the movement: upward.

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