Amazon: Expected To Rise Towards Its Resistance Level At Around $124.50
Today’s instrument is Amazon.com Inc.'s stock traded on the Nasdaq exchange under the ticker AMZN.
Looking at AMZN ‘s chart, we can see it is traded at around $121.
Amazon is announcing its quarterly earnings and if the market’s expectation is positive then we could see its price rising towards its resistance level at around $124.50.
(Click on image to enlarge)
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