Amazon widens gains - Analysis - 08-12-2021

Economies.com
2021-12-08 11:22AM UTC

Amazon's stock rose 0.05% in the last session for another session, settling at 3,523, with support from the 50-day SMA, amid the dominance of the main upward medium-term trend, tackling the resistance of 3,548

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 3,769.

 

Expected trend for today: Bullish

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