Amazon.com, Inc. AMZN shares are trading higher by $3 at $645.35 in Monday's session. The issue was lower by over $20 before finding support at $622.29 and staging a rebound.
That low coincides with its November 2 low ($620.41) and is only $0.29 shy of its November 3 low of $622. Since reaching that depressed level, it has rallied beyond Friday's close ($642.25), reaching $646.25 before falling back under to its current level.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in