08.11.2019
Amazon shares returned to test the upper limit of the descending channel, which crossed last week. After approaching the resistance of 1819.37
Amazon shares continue to move under the positive effect of the 7 -20-50 moving averages that are moving below the price and forming support levels.
Stochastic started out of overbought area will press the price for further decline and test support levels at 20-50 moving averages
Expected trend: Neutral.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
