The stock of Amazon AMAZON strongly climbed to record the highest realization price at 2070.41, bouncing back slightly due to the price resistance in the same area on the weekly chart, and closed and settled at the price of 2050.23 dollars. The price is a positive momentum that is supported by the rise, stability and trading above 2070 and can then enter into buying deals in light of the domination of the main bullish trend represented by the trend line on the weekly shown in the attached drawing
We recommend buying after breaking the 2070 resistance and the 2130 target, keeping the stop loss below the resistance again
We can also improve purchasing operations as prices approach the rising trend line on a weekly basis
