Amazon returns higher - Analysis - 15-07-2021

Economies.com
2021-07-15 10:10AM UTC

Amazon's stock returned higher with a 0.12% in the last session, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the resistance of 3,771. 

 

Expected trend for today: Bullish 

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