In the five years before Amazon instituted Prime day, the share price grew by 225%. Now five years after the first one, the shares have since grown over 650%. There is also evidence that trading AMZN right after prime day is a worthwhile strategy. (Stay Tuned).
Note
This Article on Investopedia checks out performance data that supports the idea that Prime Day may be worth trading:investopedia.com/news/how-prime-day-impacts-amazon-stock/
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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.
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.