Amazon (NasdaqGS: AMZN) Jumps Towards The 50MA

(via www.inthemoneystocks.com)

Amazon.com, Inc. (NasdaqGS: AMZN) soared all day as it approached the daily 50 moving average. This level is at approximately $125.25 and should be short term resistance. The whole tech sector rallied today on the back of positive comments about the semiconductor sector. SanDisk Corporation (NASDAQ:SNDK) jumped almost 12% on good news and analyst comments. Other stocks like I

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