Today’s instrument is the Amazon.com’s stock traded in Nasdaq exchange under the ticker AMZN.
Looking at the AMZN’s chart, we can see a big price improvement in the past month, which was reinforced by yesterday’s great upward movement of META, reaching the current price of around $113.
Last night it announced worse than expected EPS, and today we should expect a correction of the stock’s price towards its support level, which is located at around $100.
