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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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  1. Skilling
  2. Technical Analysis
  3. Big movement possible on Amazon.com

Big movement possible on Amazon.com

Autochartist63c86f2382898c38d9ec1a04_en.png

Amazon.com has broken through a line of 95.50 and suggests a possible movement to 94.30 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn't confirm, we could see a retracement back to lines seen in the last 6 days.

Not investment advice. Past performance does not guarantee or predict future performance.

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