Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Amazon's stock (AMZN) returned higher in the short-term trading, scoring a profit of 0.79% in the last session, or 7.80 points, with the dominance of the main upward trend in the medium and short terms, coupled with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 1013.21.