Wednesday, December 30, 2015

Amazon (NASDAQ:AMZN)


Amazon (NASDAQ:AMZN) broke out to new 52-week highs today. I'm expecting to see the stock continue this move on Wednesday. As long as the stock stays above the rising 50EMA, the bullish scenario is still intact. Daily technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

No comments:

Post a Comment