02.08.2019
AMAZON dropped under the support levels of 1953.11-1885.01, close to the minimum of the ascending channel in which it trades.
The move is under the moving averages 20 and 50 which turned into resistance to the price and pressure it to decline and test the support 1828.80.
Stochastic is moving sideways within the oversold area so it is possible to choose the supported support within the zone.
The expected movement between 1828.80 support and 2034.12 resistance
General direction of the movement: upward.
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