AMAZON moved up after strong candle pattern, now finding strong fibonacci retracement resistance around 376.
AMAZON
- Stock moved up after giving strong bullish candle formation in daily charts.
- Close Watch Amazon currently finding strong 161.8% fibonacci retracement resistance around 376, this indicates a caution sign for bulls at current levels. If stock fails to closes and holds above 376 then we can see some correction from current levels.
- But once stock closes and holds above 376 then further price rise can be seen in coming days. Close Watch.
- Click here to know to read article on how to read candle patterns published by http://fi-advisor.com.
Nasdaq Composite Update - 17- 03 -16
Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.
Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.
Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.
The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.
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