Amazon in a hesitant place - Analysis - 22-12-2021
Economies.com
2021-12-22 11:21AM UTC
Amazon's stock rallied 2.00% in the last session, settling at 3,408.34, amid the dominance of the main upward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect the stock to rise and target the first resistance at 3,548.12, provided the support of 3,389.16 holds on.
Expected trend for today: Bullish
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