Good news spurs Amazon's growth. Entering a long position!

05 October 2022 396
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Good news about an increase of sellers in the UK, the launch of live streaming in India and the Amazon Access portal are boosting Amazon stock.


In addition, analysts at JPMorgan suppose the stock is very promising.


As a result, the price pushed up from the support of 113 with a gap of 3,3% and rushed to the levels of 125 and 137.


In case of successful growth gaps of September 13 and 16 will be closed on the way.

This content is for informational purposes only and is not intended to be investing advice.

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