Home About the company Daily reviews Amazon stock analysis 14.06.2019

Amazon stock analysis 14.06.2019

Amazon shares rose after support steadied 1679.23 and reached resistance 1890.43.

The price is moving above the moving averages 7-20 and 50 which are forming support levels for the price and the price is pressed to rise and test the resistance again.

Stochastic is out of the overbought areas in a bearish move so we can see some correction in the price action.

The expected movement between 1679.23 support and 2050.79 resistance.

General direction of the movement: upward.

Author: admin
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