Amazon is not falling despite a Barron's slam article and very rough market conditions with the $SPX falling 100 points in a week or so. Something tells me that when the market does strengthen then Amazon will shoot much higher to over 100. It doesnt take a stock market genius to figure this out. The price likes where its at despite all the rough stuff. I say we go higher on Amazon.
looks like it has had a few too many down days recently and an $11 pull back seems excessive somehow. is this a normal healthy pullback for AMZN or is there something else?