Amazon Goes Green

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Amazon.com, Inc.AMZN
shares are trading higher by $3 at $645.35 in Monday's session. The issue was lower by over $20 before finding support at $622.29 and staging a rebound. That low coincides with its November 2 low ($620.41) and is only $0.29 shy of its November 3 low of $622. Since reaching that depressed level, it has rallied beyond Friday's close ($642.25), reaching $646.25 before falling back under to its current level.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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