Weakening Amazon Breaches Key Level As Techs Wane

By | September 28, 2015

Scalper1 News

As the market continues to sell off, big tech names are seeing notable declines in the stock market today. Leaderboard member Amazon (AMZN) has breached a key level. The e-commerce giant’s shares dropped 3.7% in above-average volume, puncturing the 50-day moving average. The stock is on track for its fifth session of losses — its longest losing streak in a month. But its last four losses were in below-average turnover, which is what you want to Scalper1 News

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