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Amazon stock’s uptrend holds, but momentum fades near a key $255-$259 test

Covered by 1 source · 1 article

Amazon stock closed Tuesday at $256.97, nearly flat but hiding deeper tension. Price holds above the 50-day EMA ($256.28) and 200-day EMA ($243.32), preserving the long-term uptrend. However, momentum has cooled, and that divergence now def…

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Amazon stock’s uptrend holds, but momentum fades near a key $255-$259 test
Cryptonomist 3h ago

Amazon stock’s uptrend holds, but momentum fades near a key $255-$259 test

Amazon stock closed Tuesday at $256.97, nearly flat but hiding deeper tension. Price holds above the 50-day EMA ($256.28) and 200-day EMA ($243.32), preserving the long-term uptrend. However, momentum has cooled, and that divergence now def…

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