Amazon tries to shake off negative pressure - Analysis - 24-09-2021

Amazon's stock rallied 1.06% in the last session while trading alongside the upward short-term trend line, while shaking off negative pressure from the 50-day SMA, with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the first resistance at 3,550, provided it holds above 3,390.

Expected trend for today: Bullish