Intraday Technical Analysis Of Amazon
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Today’s instrument is Amazon.com‘s stock traded on the Nasdaq exchange under the ticker AMZN.
Looking at AMZN‘s chart, we can see a big price improvement in the past month, which was reinforced by yesterday’s great upward movement of META, reaching the current price of around $113.
Last night it announced worse-than-expected EPS, and today we should expect a correction of the stock’s price toward its support level, which is located at around $100.
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