Amazon shares reach maximums of a month after publishing their quarterly report

  • Amazon (AMZN) rises 0.54% today, reaching maximums not seen since April 2 in 192.88.
  • AMZN obtained revenues of 155.67 billion dollars, exceeding analysts’ estimates.

Amazon titles (AMZN) marked a minimum of the day in 186.40 $, finding buyers who carried the price of the maximum action of April 2 in 192.88 $. Currently, AMZN operates in 191.12 $$, winning 0.54% on the last day of the week.

Amazon surprises investors by exceeding expectations in their profit report

The leading company in offering products and services focused on electronic commerce and technology, Amazon (AMZN), presents a profit of 0.54% today, reaching maximums not seen since April 2 in 192.88 $ after the publication of its quarterly report.

AMZN obtained revenues for $ 155.67 billion compared to $ 155,15 billion, as well as a profit rate of $ 1.59 compared to the $ 1,366 provided by analysts.

In this scenario, Amzn’s titles extend their profits today, rising 0.54% daily, consolidating within the operational range of the previous session in 191.12%.

AMZN technical levels

Amazon shares (AMZN) established a short -term support given by the minimum of April 7 in $ 161.38. To the north, the closest resistance is observed in 206.21 $, maximum of March 25. The next key resistance is found at 242.52 $ pivot point of February 4.

AMZN DAILY GRAPH

Source: Fx Street

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