Amazon share price may be higher today, but it is battling significant headwinds after it peaked at 3551.77. The company has had to shut down a facility in New Jersey after a spike of asymptomatic coronavirus cases among workers, and it is also battling a series of strikes from its […]
Amazon Price
Amazon Price Could Push Below 3100 If the EU Commission Rules Kick In
Tech stocks are feeling the heat this Tuesday, with Amazon down by 0.59% after new draft EU rules were announced on Tuesday seeking to reign in the control that tech companies have over user data. Amazon share price is under pressure and could face gargantuan fines if the new rules […]
Amazon to Open Higher with Launch of New Pharmacy Business
Amazon stock is set to open higher on Tuesday after the official release of the Amzon Pharmacy business arm. The move had been expected by investors after previous discussions but it may see support for the stock in coming sessions.
Amazon: Will a Vaccine Halt the Online Shopping Boom?
Amazon (AMZN) stock is selling off this week as the Nasdaq gets hit by the news of a vaccine for the coronavirus. Investors are now talking of a great rotation into ‘bricks and mortar’ and value stocks.
Amazon Price Takes a Tumble As EU Slams Antitrust Lawsuit
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Amazon Share Price Waits Q3 2020 Earnings
Amazon horizontal consolidation points to a bullish breakout.
Amazon Share Price Retreats – Could See Further Losses
The Amazon share price was lower by 2.5% as the retreat from highs near $2,550 continues. The technical pattern on the weekly chart suggests the potential for further losses.
Amazon Share Price Tests 50 MA – Reliance Offers a $20bn Stake
Amazon’s share price fell 2.86% on Thursday after the stock market saw further losses. The tech-heavy Nasdaq was the biggest loser of the indices again with a 1.99% drop on the day. Amazon is now testing the 50-day moving average and bullish traders will be hoping for a bounce today […]
Amazon Share Price: Bullish Perspective Remains As It Bounced From Support
Amazon remains bullish as it bounces from strong support.
Amazon Share Price Attempts a Breakout as Investors Question Tech Rally
Amazon is trying to confirm a breakout above the $3400 level and a channel resistance. The stock was down 1.22% yesterday but is pointing to a rise of 0.32% at today’s open. The rally in Amazon from the coronavirus panic-selling has been impressive, but investors are now starting to question […]