Chart courtesy of stockcharts

Amazon shares were up yesterday more than 4% to $73.19, closing just under of its 50-day moving average line. Amazon is recovering nicely from its recent decline, that have pushed share price to near $60 level. Technically is trading in a short uptrend, but hard to intepret the next possible move. I think we will see here some pause before move up again. It looks like the 50 dma will be a strong resistance to break in the near term. Stay tuned on her.

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