Amazon pares losses - Analysis - 04-12-2019

Economies.com
2019-12-04 12:36PM UTC

Amazon's stock fell while paring losses after leaning on the support of the 50-day SMA, retesting the downward trend line and gaining positive momentum, in turn marking a 0.65% loss, amid negative signals from the RSI. 

 

Therefore we expect the stock to rise and target the important resistance of 1814.85. 

 

Expected trend for today: Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...