Amazon (AMZN) Just Flashed Golden Cross Signal: Do You Buy?
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Amazon (AMZN) has recently crossed above its 20-day moving average, indicating a potential short-term bullish trend. This technical signal, known as a 'golden cross,' suggests that AMZN might be an interesting pick for investors looking for short-term gains.
November 27, 2024 | 4:00 pm
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Amazon's stock has crossed above its 20-day moving average, a technical indicator known as a 'golden cross,' suggesting a potential short-term bullish trend.
The crossing above the 20-day moving average is a technical indicator that often signals a bullish trend. This could attract short-term investors looking to capitalize on potential gains.
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