Amazon Shares Fall Through Technical Levels

MarketWatch Pulse

Shares of Amazon.com Inc. continued their slide on the week Wednesday, falling through technical levels. Shares of Amazon fell 3% to $316.55 at last check. On Monday, shares of Amazon closed below their 200-day moving average of $327.50, according to FactSet. On Wednesday, shares fell below the 100-day moving average of $323.87, and were heading toward the 50-day moving average of $314.70, according to FactSet data. Shares of Amazon are down 6.4% for the week.

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