Amazon.comLong
No obvious cracks in growth prospects
The last support within the daily channel (~1845) before the further downward break. However, the current equity riot doesn't indicate cracks in business model or AMZN growth prospects. Hence i dont see any reasons to short the stock in long terms as in terms of months to come. Future revenue growth, earnings report if good, my holding long would be worth it :)
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.