Amazon.com Stock Chart Trend Line To Watch

By Gareth Soloway of In the Money Stocks

President & Chief Market Strategist at IntheMoneyStocks • Jan 5, 2021 at 4:40 PM EST

Amazon.com continues to hover just above a major support trend line. This is definitely an Amazon.com stock chart trend line to monitor.

Amazon.com (AMZN) continues to hover just above a major support trend line. This is definitely an Amazon.com stock chart trend line to monitor. If price holds above this trend line, technically Amazon.com can move higher. Should it break below, watch out. The stock could tumble as low as $2,400. Watch this Amazon.com stock chart trend line closely, it will tell you which direction it is likely to go.

(Click on image to enlarge)

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