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Amazon Stock Analysis

Amazon is back on the uptrend after the resistance broke through 1891.79 and closed above it after last week's drop 

The price fluctuates above the moving averages 7-7 and 20 which support the price to rise and continue in the bullish path. 

  The stochastic is out of oversold areas on a bullish upward path so the price could rise to the 1951.00 highs 

The expected movement between the support 1765.27 and the resistance 2050.80 

General direction of the movement: upward 

Author: admin
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