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Amazon shares clear the 50-day moving average amid options focus
Amazon powered through its 50-day moving average on Monday, finishing the day higher, according to Yahoo Finance.
The article frames the stock action as a potential setup for traders to consider an options play tied to Amazon’s move past that technical level.
It also places the moment within broader market context, noting that Nasdaq logged a record as oil prices eased and highlighting other names in focus that day.
Latest closeNasdaq Comp. 26,936.04 ▼0.7%
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