HotForex

AMZN Approaching Support, Potential Bounce!

Long
NASDAQ:AMZN   Amazon.com
AMZN is approaching its support at 1359.84 (100% & 61.8% Fibonacci extension, 38.2% Fiboancci retracement, horizontal swing low support) where it could potentially rise to its resistance at 1757.82 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4.3% where a corresponding bounce could occur.

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