07.12.2018
Amazon was succeeded in rebounding from the support level 1621.2 near the SMA 20 to approach the SMA 50 which is a resistance to the price will try to prevent it from rising again and reaching the target 1806.20 where the price is trading between the moving averages 7-20-50.
Note that the Stochastic is starting to lose its bullish momentum as it left the overbought area in a negative bearish signal.
Support and resistance:
Support: 1621.2-1430.3;
Resistance: 1806.2-2048.2.
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