AMZN--

amzn 50 day line buy sell signal

$AMZN I mentioned on the 3rd that this might turn negative if it hit the 50-day line, which it did. So what's the 50-day line really for? It's a signal for some investors to buy or sell (not exactly on that line). The key question is whether it bounces off the 50-day or drops below it. If it starts trending below, the next support level is the 200-day line. For me to see a new buy signal, I need positive momentum. If you're holding, you might be happy with today
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