Amazon takes a firm upward path - Analysis - 23-04-2019

Economies.com
2019-04-23 13:31PM UTC

Amazon's stock kept rising in the short term, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI, while settling above 1845.00. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 2026.52, as long as the support of 1845 holds on.

 

Expected trend for today: Bullish   

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