Amazon Stock Sets Up for Breakout After Bullish Crossover
Shares of tech giant Amazon.com Inc. NASDAQ: AMZN have been trading a little softly this week, slipping about 2.5% from last Friday's high. However, what's important is that the stock remains more than 7% higher from the start of the month, when some post-earnings profit-taking briefly pulled it lower. Get Amazon.com alerts:And what matters even more now is that momentum appears firmly back in the bull camp, with a major technical signal having just started to flash green. For those watching from the sideli ...