I wouldnt hold Amazon stocks at the moment
The market is telegraphing, it’s letting us know how it is feeling and I can assure you the feeling is not one of joy. One of the stocks that is looking sick at the moment is AMZN. I am expecting to see a BIG drop in the near future that should bring AMZN down to the $1200’s and the UGLY part of this prediction…. This is not going to be the bottom!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.