Technical Analysis: New Indication Points to Higher Amazon Stock Prices

Momentum Is Required for AMZN Stock to Stage an Advance
The resilience of this stock market is impeccable. Equity markets around the world are forging new all-time highs, and there’s little to suggest that the trend toward higher stock prices is going to end anytime soon—especially when heavyweight names like Amazon.com, Inc. () stock are joining in on all the fun.

Bull markets like the one that the world is currently experiencing will likely end when the market blows off in an upward direction. That’s is the equivalent of saying the stock market will “crash” in an upward direction when the global indices accelerate by a significant amount in a.

The post Technical Analysis: New Indication Points to Higher Amazon Stock Prices appeared first on Profit Confidential.


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