Amazon is consolidating nicely

Why AMZN’s $102 price low seen on May 9th, 2022 may hold?

This was one of 3 moments when AMZN stock price mean reverted to/or below its 200 week moving average, traded 2.5 standard deviations below its rolling weekly mean and registered a weekly RSI Oversold reading.

October 3, 2022

by Rob Zdravevski

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