A word on AMZN stock…

Shares of Amazon.com, Inc are one frisky puppy and are currently trading about 17% above their 50 day simple moving average. While this does not mean much for the company’s growth prospects, it does speak to short term extreme bullish sentiment where the reward to risk is not favorable to buy the stock from a trading perspective.


Watch More:

Leave a Reply

Your email address will not be published. Required fields are marked *