Wednesday, October 23, 2019
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Amazon 30/11/18 | EconAlerts

Technical Analysis – Amazon remains below the 200-day SMA

Amazon stock struggles below 200-day SMA in the near-term. Amazon stock price rebounded after touching a seven-month low on November 20, however it still trades below the 200-day simple moving average (SMA). Having a look at the momentum indicators, they are giving mixed signals. On the one hand, the MACD is reducing its negative momentum, while the stochastic is

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