04.01.2016 - Shares of Amazon are corrected within the uptrend

Amazon's share price has broken an important resistance level at 680, but was unable to gain a foothold above it and returned to the lower boundary of the local rising channel. In case of breaking and fixing below the level of 660, we recommend opening short positions with the targets of 640, 600 and 575. Our medium-term outlook is positive, but in the nearest future we may see a correction.

Amazon Com Inc Statistics

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